Pacer Ventures Announces Pan-African Software Development Company Pacer Labs


LAGOS, Oct 4, 2021 – (ACN Newswire) – Sub-Saharan African venture capital firm Pacer Ventures to further unleash the power of digital transformation in Africa with the launch of Pacer Labs, a software development company Born to support the African digital ecosystem and the growth of forward-looking organizations by harnessing the power of cutting-edge technologies.

Projections indicate that Africa will be the next hub of technological talent in the world due to the emergence of the mobile population. This in turn inspires confidence in Pacer Labs for the future market in Africa, positioning them at the forefront of the push towards maximizing the technological talents of the African economy.
Ray Sharma, President of Pacer Labs and Founder of Extreme Venture Partners and XtremeLabs, said: “Pacer Labs aims to become Africa’s leading software development company by 2025, building on the success of XtremeLabs and a future global partner announced for the success of Pacer Labs and its customers. Africa has developed. Pacer Labs is ready to contribute to efficiency and digital transformation.
The real acceleration potential of the African continent lies in the rapid diffusion of digital mobile technology, which will help the region in economic development. Mobile technologies and services generated 9% of GDP in Sub-Saharan Africa in 2019, representing $ 155 billion in economic added value. This figure will reach $ 184 billion by 2024.
Gbemi Akande, Director of Pacer Labs, speaking on the launch said: “The creation of Pacer Labs is deeply rooted in the organization’s belief in the African continent. Pacer Ventures and Pacer Labs are positioned to help deepen technology development in Africa.
“Pacer Labs will ensure that the development needs of organizations and governments are met in a timely and cost-effective manner, while the soon to be launched Pacer University will be another platform organized by Pacer Ventures to empower startups and companies. frameworks of the required skills. technological skills, ”said Geoffrey Weli-Wosu, general partner of Pacer Ventures and co-founder of VoguePay.
This means that the organization will help solve some of the continent’s most critical issues while facilitating the development of African businesses, mainly start-ups, mid-sized and large companies through the design of experiences, to product development, engineering and digital transformation. .
Chukwuemeka Fred Agbata, Regional Director of Founder Institute Africa and General Partner of Pacer Ventures, said: “It is because of the rapid growth of startups in Africa that world-class development companies like Pacer Labs have been born, while Founder Institute will ensure that future-looking startups have the opportunity to access world-class development tools and resources that will aid them in their continued growth. “
End-to-end solutions provided by Pacer Labs will help businesses design, build and evolve solutions that improve customer satisfaction, streamline operations, and gain competitive advantage over existing products or a new application.
The Lab intends to partner with its clients to tackle the toughest challenges and bring ideas to life. The companies will be supported by a team of experienced designers, engineers and product managers to deliver cutting-edge products from bases of operations in Lagos, Johannesburg, Cairo and Nairobi.
About Pacer LabsPacer Labs is a software product development company that uniquely combines digital transformation, product development and design. The company aims to help ambitious African companies exceed their innovation mandate: a uniquely integrated product development company, driven by a unique focus on achieving business impact.Email: info@pacerlabs.coWebsite: Twitter: LinkedIn:
About Pacer Ventures LLCPacer Ventures is well positioned to support the growth of startups in sub-Saharan Africa. A combination of attributes enables our transaction flow, sourcing and portfolio management, which promises realistic returns to our customers.investors.Stimulator Email: Official site: Pacer Blog: Twitter: LinkedIn:
Source: Pacer Ventures LLC
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