'Apply for AfCFTA-Korea acceleration programme now', FG urges Nigerian startups
Oladipupo Olamiposi@olamiposioladipupo247606
7 days ago
The Federal Ministry of Foreign Affairs has called on Nigerian entrepreneurs, innovators, and startup enterprises to apply for the African Continental Free Trade Area Startup Acceleration and Partnership Programme 2026.
In a statement issued by its spokesperson, Kimiebi Ebienfa, the ministry said the initiative is aimed at strengthening economic cooperation, trade, innovation and private-sector partnerships between African countries and the Republic of Korea within the Free Trade Area framework.
“The initiative is expected to support approximately thirty (30) selected African startups operating within strategic sectors, including fintech, digital commerce, manufacturing, logistics, and agricultural value chains.
Ebienfa stressed that the initiative, launched in partnership with the Korean Government and the Korea-Africa Foundation, is expected to support approximately 30 selected African startups operating within strategic sectors, including fintech, digital commerce, manufacturing, logistics, and agricultural value chains.
He disclosed that successful participants will benefit from business acceleration support, mentorship opportunities, capacity-building programmes, market exposure, and investment networking opportunities in the Republic of Korea.
“Successful participants will benefit from business acceleration support, mentorship opportunities, capacity-building programmes, market exposure, and investment networking opportunities in the Republic of Korea,” the statement read.
Ebienfa further encouraged qualified Nigerian startups with innovative and scalable business models to take advantage of the opportunity to enhance Africa–Korea commercial engagement and promote sustainable economic development.
