Country director of KOICA Nigeria Office, Sungil Son, said KOICA will continue to engage with
private sectors, exploring ways to provide a platform for young digital
start-ups incubated through KOICA’s program.
This collaboration between KOICA Nigeria and Providus-Bank
marks a significant milestone in fostering entrepreneurship, driving economic
development, and addressing unemployment challenges in Nigeria. The partners
look forward to a fruitful and impactful implementation of the Abuja
Entrepreneurship Centre project, contributing to the growth of the SME.
ecosystem in Abuja and beyond.
KOICA’s Abuja Centre for Entrepreneur (ACE) Project is a $12
million project aimed at establishing cutting-edge a digital hub tailored for
start-ups and SMEs in Abuja which is to be implemented in hands with AEA (Abuja
Enterprise Agency) from 2024 to 2028. Within the 5 years KOICA is planning to
foster up to 2,100 digital startups assisting them with training, incubation,
and funding opportunities.
The managing director and CEO of Providus-Bank, Walter
Akpani, emphasised the bank’s dedication to promoting and expanding
entrepreneurial activities through its diverse SME packages, saying the MOU
signing ceremony, held at the Providus-Bank Corporate Office in Lagos,
signifies Providus-Bank’s unwavering commitment to supporting entrepreneurs in
Nigeria.