The European Union has held discussions with private sector players, in Lagos, with a view to forging collaborations and ramping up investments to strengthen Nigeria’s digital economy ecosystem. In line with the Global Gateway Strategy, the EU-Nigeria Digital Economy Package aims to support Nigeria’s digital transition and support the ambition of making Nigeria a regional Read More
The European Union (EU) has engaged with Nigeria's private sector to enhance investments in the country's digital economy, aligning with its Global Gateway Strategy. Key initiatives include expanding a 90,000 km fibre-optic network, improving digital public services, and upskilling the ICT workforce through programs like the 3 Million Technical Talents. The EU aims to strengthen public-private partnerships, with the European Investment Bank (EIB) investing €100 million in 4G connectivity in Lagos and Ogun states. Additionally, the EU supports the digitalisation of public services, including a €250 million loan for digital identity infrastructure, and collaborates with Germany to fund the Digital Transformation Centre, promoting innovation and skills development. The EU emphasizes regulatory frameworks ensuring privacy, safety, and cybersecurity, while supporting tech start-ups, MSMEs, and fostering digital talent.
