WTC ABUJA BUILDS STRATEGIC PARTNERSHIPS WITH MOUS

Abuja, Nigeria – December 2024 – The World Trade Center (WTC), Abuja, Nigeria’s premier trade hub, has advanced its mission of fostering economic development and innovation by signing two transformative Memorandums of Understanding (MOUs). These landmark agreements, forged with the Abuja Chamber of Commerce and Industry (ACCI) and AfriLabs during the prestigious Sapphire Soirée—WTC Abuja’s End-of-Year Networking Cocktail— set a strong foundation for impactful collaboration in 2025 and beyond.

Empowering Trade with ACCI

The MOU with ACCI focuses on strengthening commerce, trade, and industry in Nigeria by leveraging the complementary expertise of both organizations. Key initiatives include:

• Trade Promotion: Enhancing market access for Nigerian businesses through joint trade and networking initiatives.
• Event Collaboration: Co-hosting trade fairs, expos, and business events to highlight entrepreneurial opportunities.
• Capacity Building: Offering training programs to equip businesses with skills for global competitiveness.
• Market Intelligence: Providing data-driven insights to support informed decision-making for stakeholders.

“By aligning with ACCI, we unlock new trade opportunities, diversify Nigeria’s economy, and drive sustainable growth,” said David Opeyemi Oke, Head of Trade Services at WTC Abuja. This partnership reinforces efforts to strengthen Nigeria’s non-oil exports and boost global competitiveness.

Advancing Digital Innovation with AfriLabs

The partnership with AfriLabs, a Pan-African network of over 450 tech hubs across 53 countries, underscores a shared commitment to fostering digital trade and entrepreneurship. Focus areas include:

• Digital Trade Development: Using technology to connect African entrepreneurs to global markets.
• Technology Commercialization: Enabling innovators to bring transformative solutions to market.
• Collaborative Events: Organizing convenings to promote innovation and trade.
• Investment Access: Providing African innovators with WTC Abuja’s global trade network opportunities.

“This collaboration bridges innovation and trade,” said Oke. “It empowers entrepreneurs and fosters Africa’s digital and economic growth.” The partnership aims to catalyze Africa’s digital economy and drive inclusive growth.

A Commitment to Economic Transformation

Signed in the presence of distinguished dignitaries and business leaders, these MOUs highlight WTC Abuja’s role in driving collaboration and economic transformation. By combining its global trade expertise with ACCI and AfriLabs’ strengths, WTC Abuja is positioning Nigeria and Africa as hubs of innovation and trade.

As Africa gains global attention for its potential in innovation and commerce, these partnerships signal a bold vision for the continent’s future. WTC Abuja continues to connect local businesses to international opportunities, fostering sustainable development and economic growth.