HomeBusinessKorean Firm, Ericsson dey Invest $119m for Nigeria Tech Hubs, MSMEs

Korean Firm, Ericsson dey Invest $119m for Nigeria Tech Hubs, MSMEs

Korean firm, Ericsson, don announce plan to invest big money, $119 million, in Nigeria‘s tech hubs and Micro, Small and Medium Enterprises (MSMEs). This investment go help boost the tech sector for the country.

The Managing Director of Ericsson Nigeria, Mr. Peter Ogundele, reveal this plan during a recent event. He say that part of the investment go into building a technology hub worth about $19 million in Nigeria.

This move dey show Ericsson’s commitment to developing the tech ecosystem in Nigeria. The company believe say investing in tech hubs and MSMEs go help create more opportunities for innovation and job creation.

The tech hub go serve as a center for innovation, where startups and small businesses go get the support and resources dem need to grow. This investment also go help in developing the digital infrastructure of the country.

Ericsson’s plan align with the Nigerian government’s efforts to promote digital transformation and economic growth through technology. The investment go have significant impact on the country’s economy and help in achieving its development goals.

John Okafor
John Okaforhttps://nnn.ng/
John Okafor na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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