Vice President, Kashim Shettima has departed Abuja for Sweden on a two-day visit to represent Nigeria in bilateral engagements with the Scandinavian country.
At the behest of President Bola Tinubu, the Vice President will partake in high-level bilateral discussions with prominent government dignitaries during the official visit, including a scheduled audience with Crown Princess Victoria of Sweden and the Swedish Prime Minister.
VP Shettima will use the visit to explore opportunities for strengthened collaboration between Nigeria and Sweden in areas such as ICT, innovation, education, digitalization, sustainable transport, mining, and agriculture.
He will also meet with key stakeholders in both the Government and Private Sector.
Technology Fund
The Vice President will also meet with Norrsken, a Stockholm-based venture capital impact investor, which recently launched Norrsken22, a USD 205 million tech investment fund for Africa.
Norrsken22 is a technology growth fund, backed by over 30 prominent unicorn founders, partnering with exceptional entrepreneurs to build Africa’s next tech giants.
The meeting with Norrsken will provide insights into how Nigerian entrepreneurs can benefit from this fund and further strengthen the technology network in Nigeria.
Notably, 40% of the investments from Norrsken22 are expected to be allocated to Nigerian technology entrepreneurs.
Twelve (12) Nigerian private sector companies that are doing business with Sweden are going independently as a private sector bloc.
While in Sweden, VP Shettima is also expected to articulate Nigeria’s economic vision and the reforms being undertaken by the Tinubu administration to create a business-friendly environment for investors.
The Vice President is expected back in the country on Saturday.
Lantana Nasir
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