Visionaries - July 14, 2022

Why Victor Asemota is the Most Influential Figure in Nigeria’s Tech Ecosystem

Oyetoun Olabisi July 14, 2022

3 min read

Victor Asemota is a serial entrepreneur and venture capitalist who has contributed significantly to Africa’s tech ecosystem. He’s an expert in developing corporate software, transaction systems, information security consultancy, and business process outsourcing in Nigeria and Africa.

Besides his investment and involvement in several startup projects in Africa, he founded SwiftaCorp, a pioneer African software and technology company, over 20 years ago. The company operates in over 14 African countries.

The Nigeria and United Kingdom-educated tech investor focuses on early-stage tech startups and develops a fool-proof growth strategy for them. His proven track record made him a formidable figure in Africa’s tech ecosystem.

He serves on different boards

Victor Asemota sits on the boards of some well-known financial technology (fintech) and investment companies in Nigeria and overseas.

He’s the board chairman of EdoInnovate, board member of PlaceFund, and Africa partner for Alta Global Ventures.

Asemota is also a member of the board of advisors for Assets and Resource Management (ARM) company, Flutterwave and IBM Hyper Product Accelerator.

Victor Asemota Reminisces on the major Disruptions Caused by Tech in our Lifetime

He is a serial entrepreneur

Asemota became the director (non-executive) in MATS (Merchants and Agents Transactions Services) Africa in 2014. In the same year, he founded Alterna Capital Group in Tanzania.

In 2015, he co-founded Swiftacorp and served as the director. The following year, he became Google’s Launchpad Accelerator Mentor.

In 2017, he co-founded Africa and Diaspora Mentorship Investment Network.

The presidential advisory list

Due to his outstanding twenty years of experience in technology, Asemota was included in the 2018 Nigeria presidential tech-entrepreneurs advisory group list.

This consists of a 50-man Advisory Group on Technology and Creativity. During this period, he worked alongside ministers, heads of agencies and people from the technology and creative space.