Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator

INSUBCONTINENT EXCLUSIVE:
Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub, CcHub CEO Bosun Tijani confirmed to TechCrunch.The purchase
amount is undisclosed, but Tijani said CcHub will finance the deal out of its real-estate project to build a new 10-story innovation center
to replace its Herbert Macaulay Way building in Lagos.Details are emerging on how the two entities will operate together, but Tijani noted
Nekesa Were continues as iHub managing director
healthcare and governance.CcHub will also use the iHub addition to expand its investment scope
ecosystem
iHub would arguably be up top
This would be based on the size of their membership networks, volume of tech-related programs, startups incubated, partnerships and global
The organization manages digital skills programs for entrepreneurs and school kids, startup incubation and a portfolio of investments
through its Growth Capital Fund.CcHub is considered a go-to spot for any tech-related visit to Nigeria
While leaving a CcHub event in 2018, I noticed the vice president of Nigeria, Yemi Osinbajo, and his entourage packing into the
elevator. Tijani and team have mastered gaining partnerships with big global tech names
CcHub also collaborated with the government of Rwanda this year to open its Design Lab in Kigali, focused on innovating impact solutions in
continent. Since 2010, 170 companies have formed out of iHub
prominent African incubators settle into becoming one big Africa mega-hub