{"id":29692,"date":"2020-08-21T09:57:09","date_gmt":"2020-08-21T09:57:09","guid":{"rendered":"http:\/\/www.imotrumpeta.com\/?p=29692"},"modified":"2020-08-22T19:42:27","modified_gmt":"2020-08-22T19:42:27","slug":"canada-could-be-a-good-stop-for-nigerian-start-ups","status":"publish","type":"post","link":"https:\/\/www.imotrumpeta.com\/?p=29692","title":{"rendered":"Canada could be a good stop for Nigerian start-ups"},"content":{"rendered":"\n

Patrick Brown<\/a>, the mayor of Brampton,\nCanada, had visited Africa back in February this year. During that visit,\norganized by a Nigerian firm, Pertinence Group, the mayor had invited Nigerian\nand African businessmen, especially small business owners, to visit Brampton. Mrs\nCharmaine Williams, the first Black female councillor of Brampton, had\naccompanied Mr Brown during his trip, when he first met the governor of Lagos\nstate, and then visited 300 young Nigerian entrepreneurs at an event.<\/p>\n\n\n\n

The\nsimilarities between Nigeria and the city of Brampton, with both of them having\na largely young population, were pointed out by Brown. He asserted that the\ncity of Brampton would be honoured to have ties with Nigeria and to play some\npart in its economic success, and that Nigerian entrepreneurs would always be\nwelcome in his city. This could represent a great opportunity for young\nNigerian entrepreneurs, as Canadian Prime Minister Justin Trudeau also recently\nannounced that he wishes to make Brampton one of the hubs for cybersecurity development\nin the country. This could create many opportunities for entrepreneurs in a\ncity which has already fostered an ecosystem for tech-based startups.<\/p>\n\n\n\n

When Justin Trudeau<\/a> came to power in 2016, the\ngovernment had devised a plan to develop Canada\u2019s digital economy. It was under\nthis plan that the Ministry of Innovation, Science and Industry published\nCanada\u2019s Digital Charter in 2019. This document laid emphasis on equality,\ntransparency and safety in the digital space, and stated that the aim for the\ncountry will be to ensure that those principles are maintained as digital\ntechnology advances in Canada. The charter would also ensure that every citizen\nwas given equal access to these technologies. <\/p>\n\n\n\n

The\nbenefit that this charter has had in the development of digital industries in\nCanada can be seen in the example of the iGaming industry. It was one of the\nfirst to be recognized under the charter, which helped online gaming companies\noffer the best online live casino games<\/a> to their customers. They\nwere also able to incorporate the use of cryptocurrencies as payment and\nwithdrawal methods on their websites, which made them even more popular. This\nwas another step in the continuing development of Canada\u2019s digital economy.\nThese online casino sites have been offering all the traditional casino games\nsuch as blackjack, roulette and poker, along with sports betting options and\nslot games, which has made them even more attractive over the past few months,\nwhere lockdown rules have forced land-based casinos to be closed all over the\ncountry. The adoption of cryptocurrencies has helped these providers attract\ninternational customers as well, as they can now use crypto to make deposits\nand withdraw their winnings, without having to worry about currency exchange\nrates and the time it would take for foreign currency transactions to take\nplace.<\/p>\n\n\n\n

This is\nrelevant for Nigeria as well, as the country has been suffering from a \u2018brain\ndrain\u2019 over the last few years, where their best young workers have been\nleaving the country due to lack of opportunities. The tech industry remains\nhugely successful, with investments of hundreds of billions of dollars being\nmade. Despite this, young software engineers are leaving the country, partly\ndue to the lower salaries in Nigeria. The average salary in Nigeria for a tech\nemployee is $3500 less than in South Africa, for example. There is little scope\nfor growth either, with limited scope of the work being done as well. The\npotential partnership with the city of Brampton<\/a> could help here, as Nigerian\nentrepreneurs could set up their companies in Canada and benefit from all the\nadvantages that the Canadian economy offers them.<\/p>\n","protected":false},"excerpt":{"rendered":"

Patrick Brown, the mayor of Brampton, Canada, had visited Africa back in February this year.<\/p>\n","protected":false},"author":1,"featured_media":29694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-29692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"featured_image_urls":{"full":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",800,400,false],"thumbnail":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1-150x150.jpg",150,150,true],"medium":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1-300x150.jpg",300,150,true],"medium_large":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1-768x384.jpg",640,320,true],"large":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",640,320,false],"1536x1536":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",800,400,false],"2048x2048":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",800,400,false],"elegant-magazine-featured":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",800,400,false],"elegant-magazine-medium":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",720,360,false],"elegant-magazine-medium-small":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",300,150,false],"elegant-magazine-thumbnail-small":["https:\/\/www.imotrumpeta.com\/wp-content\/uploads\/2020\/08\/article1.jpg",50,25,false]},"author_info":{"info":["Imo Trumpeta"]},"category_info":"News<\/a>","tag_info":"News","comment_count":"0","_links":{"self":[{"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/posts\/29692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29692"}],"version-history":[{"count":1,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/posts\/29692\/revisions"}],"predecessor-version":[{"id":29693,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/posts\/29692\/revisions\/29693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=\/wp\/v2\/media\/29694"}],"wp:attachment":[{"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imotrumpeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}