8 Nigerian Startups to Pitch at London Stock Exchange

LAGOS — Eight Nigerian technology startups have been selected to pitch their businesses at the Africa Tech Summit London Investment Showcase, taking place at the London Stock Exchange on May 29, 2026. Nigeria is the most represented country in a cohort of 13 investor-ready African ventures.

The announcement was made on May 12. The selected Nigerian companies span sectors including fintech, health technology, logistics, and artificial intelligence. Organizers say the selection reflects Nigeria’s continued dominance in Africa’s technology ecosystem despite challenges in venture capital funding.

The event marks the 10th edition of the Africa Tech Summit London. It will bring together over 350 African and international ventures, investors, corporations, and regulators at one of the world’s most prestigious financial venues.

Among the selected Nigerian companies is Scandium Systems, which offers AI-powered software testing tools, and UltraPay, a multi-currency payments platform targeting cross-border transactions. Other companies from Nigeria focus on healthcare delivery, agri-tech, and digital infrastructure.

In 2025, Nigerian startups raised $343 million in venture capital, a 17 percent decline from the previous year. Experts say the drop reflects global investor caution rather than a loss of confidence in Nigeria’s tech ecosystem. Events like the London showcase are seen as vital for maintaining Nigeria’s visibility with international investors.

Organizers said Nigeria’s representation this year underscores the country’s role as a technology leader on the African continent. The country produces some of Africa’s most successful startups and continues to attract talent and investment despite a challenging macroeconomic environment.

Separately, the Google for Startups Accelerator Africa program has also selected four Nigerian companies for its 10th cohort, which runs to June 19. The selected firms include Termii, an AI-powered financial messaging platform, and MasteryHive AI, which focuses on transaction reconciliation and fraud detection.

Gbolade Emmanuel, CEO of Termii, said the Google accelerator is helping his team accelerate its AI roadmap and scale globally. “Even in the first week, the access to technical support and insights has been incredibly valuable,” Emmanuel said.

Folarin Aiyegbusi, Head of Startup Ecosystem for Google Africa, said the selected firms represent the best of African innovation. He said the program will provide them with mentorship, technical workshops, and access to Google’s global network.