Tony Elumelu Foundation Partners with EU for Africa’s Digital Infrastructure
The European Union (EU) will invest €150 billion in Africa over a seven-year period to develop the EU-Africa Digilogic, a sustainable network of Digital Innovation Hubs in Europe and Africa. The EU will also commit €820 million to advance the EU-Nigeria Digital Economy Package over three years under the EU’s global gateway initiative targeting digital infrastructure investment, digitalisation of public services, digital entrepreneurship and digital skills among youth. These were announced by EU representatives during an interactive roundtable that was organised by The Tony Elumelu Foundation (TEF) and the European Commission.
The EIB is investing in the strengthening of Nigeria’s digital identity infrastructure, the creation and scaling up of tech start-ups and boosting innovative solutions for Nigeria’s society and economy. The EU will support Nigeria’s digital governance through the development of regulatory frameworks with the highest standards of privacy, safety and cyber security, while promoting an open internet and digital market that upholds citizens’ rights and supporting the development of the skills needed for Nigerians’ success in the digital economy, with a focus on youth and women.