Decagon is piloting merit-based loan financing for tech talents in Nigeria

The last time we covered technology training institute Decagon in May 2021, it had just announced that it was building a 23-hectare technology park in Benin City, Edo State near the University of Benin, in collaboration with the Edo State government.

Today, it announced it had raised a $1.5 million seed round and a student loan financing facility of $25 million in partnership with Nigeria's Sterling Bank and the Central Bank of Nigeria.

Decagon is definitely up to something here. It seems as if the company is saying: 'we are not just another tech talent accelerator.'

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