Stakeholders call for improved investment in tech- hubs

EXPERTS in the tech ecosystem have called for more investment in techhubs to create more employment opportunities and foster economic growth.

The experts also said that it is imperative for tech- hubs to be upgraded to tertiar y institutions so as to meet up with demand as the world

continues to evolve, increasing the need for tech talents.

They made the call at Devthon 1.0, which doubled as a workshop and graduation ceremony of 52 members of Cohort three, organised by The Bulb Africa, an African tech talent incubator, in Lagos.

Co- founder, The bulb Africa, Wande Adams, speaking on why Information Technology ( IT) firms are constantly hiring, said it is due to the shortage of supply, which puts employees in high demand especially when one works with a quality organisation.

"Europe has 6.6 million developers, America has 6 million and these numbers are short of what is needed and Africa has 700,000, which is way below demand.

"Employers need to understand that there is shortage of supply and quality work - ers are in high demand. Right now it' s the talents’ market. It's not the emplo yers’ market anymore, which means that employers need to start creating more perks to keep their staff. Start Ups are beginning to look at employee's stock option as one way to keep their staff,"

he added.