Co-creation Hub (CcHUB), a technology innovation centre in Nigeria, says it has acquired Kenya’s iHub to give it a wider central support and strategy network.
Bosun Tijani, the Chief Executive Officer Co-creation Hub, said iHub was acquired at an undisclosed fee.
The company would, however, retain its name and senior management structure.
“As part of the acquisition, CcHUB will now make key hires in innovation consulting, people management, programme management and community support, as it looks to strengthen its pan-African network.
“We also plan to mobilise far-reaching resources, network and relationships to accelerate the growth of technology innovation and entrepreneurship in Africa.
“This move came just seven months after we expanded into Kigali, Rwanda, with the launch of our Design Lab – the first creative space in Africa, to focus solely on product design and technology innovation.
“At CcHUB, our mission is to keep connecting entrepreneurs, technologists and public bodies across the continent,” Tijani said.
Nekesa Were, Managing Director for iHub, said that Over the past nine years, iHub had been a catalyst for regional technological acceleration and a role model for innovation hubs across emerging markets.
” CcHUB has an unrivalled track record of building out a dynamic tech ecosystem which extends past Nigeria.
“Similar to us, they have been committed to delivering impactful support services, at scale, supporting tech and business communities and driving social capital for economic prosperity in Africa.
“We are very excited to work with them, to support entrepreneurs transforming our communities,” he said.
Erik Hersman, CEO BRCK and founder of iHub, said that he was excited to see two of the largest and most impactful hubs consolidate and provide an even larger target for the tech communities they represent.
The advent of FinTech has no doubt helped to improve the financial inclusion of several se…