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New Lagos Leather Hub Poised to Transform Local Industry, Global Exports, Says Obasa

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Lagos Leather Hub

Lagos leather hub will generate $250m in exports and 10,000 jobs, positioning Lagos as a global leader in leather innovation, says Speaker Obasa

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The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has hailed the newly commissioned industrial leather hub as potent enough to position Lagos as a global leader in leather production and innovation.

Also read: Obasa Commends N500Billion ‘Produce For Lagos’ Initiative, Reaffirms Assembly’s Support

Located in the boisterous Matori, Mushin area of the state, the hub, now known as the Oluremi Tinubu Industrial Leather Hub, is designed to generate more than $250m annually in export turnover when fully operational, create 10,000 direct jobs while over 150,000 artisans would benefit from training and start-up support to boost productivity, and position Lagos as the leather logistics capital in West Africa.

Equipped with modern industrial leatherwork machinery capable of mass-producing shoes, bags, belts, packaging bags, and other leather products, the commissioning of the hub on Saturday was part of activities lined up for the First Lady, Mrs Oluremi Tinubu’s three-day official visit to Lagos.

In a goodwill message delivered at the ceremony, Obasa commended the state government for its initiative and investment, stating that the hub reaffirms the state’s leadership vision to transform Lagos into an industrial powerhouse.

He said, “This is more than just a facility; this hub symbolises our resolve to harness the ingenuity and entrepreneurial spirit of our people. I am convinced beyond measure that it will empower artisans, create thousands of jobs, and position Lagos as a global leader in leather production and innovation.”

Also read: Lagos tops global ranking as fastest-growing tech ecosystem in 2025

The Speaker further commended the state government for naming the leather hub after the First Lady, which he said is “a fitting recognition of her excellent service to the state as a three-term senator, her empowerment initiatives over the past two decades, and, also, as the wife of our beloved President.”

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Can African Engineers Compete Globally? ChipMango Is Creating Opportunities in the semiconductor Industry

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The semiconductor industry requires highly specialised engineering knowledge.

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For African engineers, gaining access to professional tools, industry experience and international opportunities can open
important doors.

ChipMango is working at the intersection of talent development and commercial engineering, creating pathways for African expertise to contribute to a global industry.

The growth of businesses like ChipMango also highlights the importance of investment in Africa’s innovation ecosystem. Through Boost Africa, a joint initiative of the EIB and African Development Bank, supported by the European Union, the European Investment Bank helps mobilise financing through venture capital funds for innovative African businesses. Watch the video to hear the story behind ChipMango.

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From Classroom to Industry: How ChipMango Is Preparing African Engineers for the Semiconductor Market

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Studying engineering is one thing. Having the opportunity to apply that knowledge to real industry projects is another.

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ChipMango connects industry-aligned learning with practical semiconductor design and verification work, giving
engineers a pathway to develop skills relevant to commercial projects.

Its work illustrates why investment in African innovation must also consider the talent, technical expertise and infrastructure required to build competitive businesses.

Through Boost Africa, the European Investment Bank (EIB) supports African entrepreneurship by investing through venture capital funds, helping innovative businesses access the capital and support they need to develop and grow.

Watch the video to learn more about ChipMango’s approach.

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Jensen Huang Resigns as NVIDIA CEO After 33 Years

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Jensen Huang resigns as NVIDIA CEO after 33 years, with CFO Colette Kress appointed interim chief as the board searches for a successor

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