The Nigerian Sovereign Investment Authority (NSIA) has awarded seven Nigerian startups a combined grant of $275,000, according to a report by Nigeria Business on Google News. The grant, aimed at supporting local businesses, was given to firms in various sectors, including technology, agriculture, and renewable energy. Among the recipients is Farmcrowdy, a digital agricultural platform that connects farmers with investors, and SolarMax, a company providing solar energy solutions. This move is part of NSIA’s commitment to foster entrepreneurship and innovation in Nigeria. The support is expected to help these businesses scale up, create jobs, and contribute to the country’s economic development.
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