NIGERIA – Co-creation Hub (CcHUB), the leading technology innovation centre in Africa has launched the CcHUB Syndicate, an investment vehicle empowering investment groups or firms and High Net Worth Individuals (HNWI) all over the world to co-invest (for as little as US$5000) alongside the hub in the most innovative companies across Sub-Saharan Africa.
The Syndicate by CcHUB aims to accelerate the growth of early-stage ventures delivering value accretive services and products to the African market at scale; with the goal to increase the number of disruptive and innovative companies with the capacity to create impact at scale for the continent by garnering support through our network of investors and partners.
CcHub already runs the Growth Capital Fund, but has been on the expansion trail across Africa of late, acquiring Kenyan incubator iHub and ed-tech startup eLimu. This growth is continuing with the launch of “The Syndicate by CcHub”.
The launch is coming on the back of CcHUB’s 10-year anniversary celebrations, further giving credence to its mandate to accelerate the application of science and technology for the economic growth of the continent.
“The syndicate seeks to solve the subsistent consumption that exists in diaspora remittances, by redirecting it towards investments in high-growth, impact-driven technology companies across Africa.”Bosun Tijani – CEO, CcHUB and iHUB
CcHUB has supported and accelerated the growth of a community passionate about the role of technology in transforming Africa by unearthing talent and creating an enabling structure for companies.
“CcHUB syndicate is an innovative funding platform which comes at a critical time when the world stands on the precipice of change. These times require companies with innovative solutions to critical problems in our societies,” Bosun Tijani, CEO CcHUB and iHUB, said.
“The syndicate seeks to solve the subsistent consumption that exists in diaspora remittances, by redirecting it towards investments in high-growth, impact-driven technology companies across Africa”.
Across Africa, CcHUB boasts of a rich network of over 650 startups who can trace their roots to Co-Creation Hub’s innovation-focused programs and interventions, more than 7,300 direct jobs created by its portfolio companies, 35,000+ indirect jobs have been created by portfolio companies through their value chain, US$1,000,000+ invested in direct startups by CcHUB and over US$61M+ in external funding attracted by the startups in their portfolio.
Co-creation Hub (CcHUB) is an innovation centre dedicated to accelerating the application of social capital and technology for economic prosperity. CcHUB is Nigeria’s premier living lab designed as a space where work to catalyze creative tech ventures take place.
The Hub is Nigeria’s first open living lab for technologists, entrepreneurs, tech companies, investors and hackers in and around Lagos.
Over the years, CcHUB has provided technological solutions to various sectors of the economy including education, public health and governance through the various projects the hub is actively engaging in.