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Nigeria’s Impact at LEAP 2025: Showcasing Global Innovation in Riyadh

At LEAP 2025 in Riyadh, Nigeria demonstrated its increasing significance in the global digital economy through a delegation led by Folajimi Daodu, focusing on fintech, AI, and blockchain. The event showcased Nigeria’s innovation, highlighted discussions on policy and technology, and strengthened international trade relationships, with a particular emphasis on attracting foreign investment.

Nigeria made a significant impact at LEAP 2025, the premier global technology event in Riyadh, showcasing its growing role in the digital economy through a delegation of government officials, business leaders, and innovators. Folajimi Daodu, CEO of Vault Hill, led the representation, emphasizing Nigeria’s active participation in discussions around fintech, AI, blockchain, climate tech, and digital transformation.

The event highlighted Nigeria’s recognition in the tech ecosystem, positioning it as a vital player in innovation and economic growth. Key members of Nigeria’s Best Minds delegation provided valuable insights on digital transformation, with focus areas spanning technology and economic development.

Professor Oludele Awodele from Babcock University presented on AI, Data Sovereignty & Blockchain, discussing their impact on education and digital equality. Maria Dervenco, COO of Vault Hill, focused on the synergies between AI, blockchain, and immersive technologies, emphasizing Nigeria’s pivotal role in digital identity and the metaverse’s future.

Leonard Uguru, Finance Commissioner for Ebonyi State, participated in a panel on “Regulation vs Innovation,” underscoring Nigeria’s balanced fintech policies that promote growth. Olu Oyinsan of Oui Capital discussed the importance of addressing the Digital Divide for financial empowerment, particularly emphasizing Africa’s potential in digital finance.

Folajimi Daodu delivered impactful presentations, including “Global Perspectives on Impact Investing,” positioning Nigeria as an attractive investment destination. He also focused on “The Role of AI in Merging Gaming, Fintech, and Digital Assets,” showcasing Nigeria’s innovations in the digital economy. Discussions on future fintech innovations were led by Henry Mascot of Curacel, reinforcing Nigeria’s fintech leadership.

Outside the conference, the Nigerian delegation visited the Nigerian Embassy in Riyadh. The discussions revolved around strategies for attracting Foreign Direct Investment (FDI), expanding bilateral trade, and facilitating global expansion opportunities for Nigerian businesses in Saudi Arabia and the Gulf Cooperation Council (GCC) region.

The Nigerian delegation’s participation at LEAP 2025 illustrated the nation’s escalating influence in the global technology arena, particularly in fintech, AI, and digital transformation. Leaders shared insights on innovation and regulations, affirming Nigeria’s commitment to fostering economic growth and attracting foreign investment. The event not only showcased Nigeria’s advancements but also strengthened its international partnerships and trade opportunities.

Original Source: businessday.ng

Marcus Thompson

Marcus Thompson is an influential reporter with nearly 14 years of experience covering economic trends and business stories. Originally starting his career in financial analysis, Marcus transitioned into journalism where he has made a name for himself through insightful and well-researched articles. His work often explores the broader implications of business developments on society, making him a valuable contributor to any news publication.

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