By Ann Brown
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 some degree of autonomy.
Story from TechCrunch. Story by Jake Bright.
Per the acquisition, Tijani becomes CEO of both organizations, while Nekesa Were continues as iHub managing director. And iHub’s existing programs will remain, according to Tijani, but Nigeria’s CcHub will extend to Kenya some of its existing activities in education, healthcare and governance.
Nigeria’s CcHub will also use the iHub addition to expand its investment scope. “We’ll now have access to Click here to read entire article