FG urges Nigerian startups to apply for AfCFTA-Korea acceleration programme

AFCFTA LOGO

The Ministry of Foreign Affairs has called on Nigerian entrepreneurs, innovators, and startup enterprises to apply for the African Continental Free Trade Area Startup Acceleration and Partnership Programme 2026.

The ministry said the programme was launched by the AfCFTA Secretariat in partnership with the Government of the Republic of Korea and the Korea-Africa Foundation.

In a statement issued on Tuesday by its spokesperson, Kimiebi Ebienfa, the ministry said the initiative is aimed at strengthening economic cooperation, trade, innovation and private-sector partnerships between African countries and the Republic of Korea within the AfCFTA framework.

“The initiative is expected to support approximately thirty (30) selected African startups operating within strategic sectors, including fintech, digital commerce, manufacturing, logistics, and agricultural value chains.

The ministry encouraged qualified Nigerian startups with innovative and scalable business models to take advantage of the opportunity to enhance Africa–Korea commercial engagement and promote sustainable economic development.

Interested applicants are to visit the official AfCFTA website for eligibility criteria, guidelines and application procedures via https://au-afcfta.org/afcfta-startup-acceleration-partnership-program-2026/

The application deadline is May 31 2026.

The ministry reaffirmed Nigeria’s commitment to supporting continental economic integration, youth entrepreneurship, innovation and strategic international partnerships for national and regional development.

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