Even though many people have been doubting the future existence of the YabaCon valley, ccHub has other plans. And this time, it’s plans that are very great. According to Quartz, the US$8 million Innovation Centre by Lagos-based incubator and accelerator, Co-creation Hub (CcHUB) will be ready for use in 2020.
According to the hub’s founder and CEO, ‘Bosun Tijani, he let out plans of the new innovation centre few weeks back in response to talks in the industry on whether Yaba is truly Nigeria’s own Silicon Valley, or whether it will stay so for a long time.
While addressing people’s opinions which were largely on the negative as to yaba’s survival as a tech cluster, he said, “For an organic cluster, which came to life 4 years ago, I am seriously saddened to see how many of us think ‘short-term’. Yaba needs more players stepping up to improve it and we don’t need to do so by first declaring it a failure. A lot is going good for Yaba and the seemingly strong case for the failure of the cluster is unfounded.”
Further more, he added that “Over the years, Yaba has attracted interests, resources and commanded respect for technology & start-ups in Nigeria. From about 6 active technology players in the cluster in 2011/2012 to over 50 today, we’ll be wasteful to discard the strides we have made as an industry.”
Bowing had opined that the need for bigger office spaces to accommodate the ever increasing workforceis one of the main reason why big players are moving out of Yaba. Hence, their resolve to create a bigger cchub by 2020. He also noted that this is not a four year project, but that of a lifetime.