The Nigerian government has secured $119 million in investments aimed at boosting tech hubs and MSMEs through strategic partnerships with Gluwa, a digital wallet provider, and Ericsson. This announcement follows Vice President Kashim Shettima’s engagement with Swedish businesses in Stockholm.
Gluwa plans to invest $100 million to enhance digital skills for 30,000 Nigerians and improve financial inclusion through satellite-based WiFi by December 2024.
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Ericsson, meanwhile, will establish a $19 million tech hub to train Nigerian youth and connect them to global tech markets.
Shettima highlighted Nigeria’s recent economic reforms and urged investors to capitalize on opportunities in digital finance, renewable energy, and agriculture.
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