5540 Centerview Drive, Raleigh, North Carolina

+19196242265

info@usglobalxpress.com

Nigeria and Israel have reaffirmed their commitment to expanding bilateral cooperation in research, technology and innovation, with both countries pledging to deepen partnerships that will promote entrepreneurship, commercialize research and drive economic development

The commitment was announced at the closing ceremony and innovation showcase of the Israel-Nigeria Innovation Fellowship for Aspiring Inventors and Researchers (I-FAIR) in Abuja, where the Ambassador of Israel to Nigeria, Michael Freeman, revealed that funding had been secured for the fifth edition of the programme

According to Freeman, I-FAIR 5 will officially launch in October 2026, continuing efforts to support Nigerian innovators through mentorship, research collaboration and business development

He said the initiative has brought together government agencies, universities, investors, engineers and entrepreneurs to transform innovative ideas into businesses capable of creating jobs and stimulating economic growth

Freeman noted that Nigeria and Israel have significantly strengthened their relationship over the past four and a half years through collaboration in innovation, agriculture, healthcare, education, water management and technology

He expressed confidence that expanding these partnerships would create more opportunities for startups, research institutions and businesses in both countries

According to him, Israel contributes expertise in innovation, technology, agriculture, healthcare, cybersecurity and water management, while Nigeria offers a vibrant entrepreneurial ecosystem, exceptional talent and one of the world’s largest youth populations

Speaking at the event, the Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, reaffirmed the agency’s commitment to strengthening research, innovation and commercialisation through strategic partnerships

He said the I-FAIR programme aligns with Nigeria’s priorities in food security, agriculture, healthcare, technology, clean energy and the circular economy, adding that TETFund will continue supporting initiatives that translate research into commercially

Echono stressed that stronger collaboration between government, academia and industry is essential to converting research findings into solutions that benefit the economy and society

He also disclosed that TETFund is working with partners to establish innovation facilities in about 60 tertiary institutions across Nigeria and has created a Student Innovation Fund that will provide up to ₦50 million to students with commercially

Freeman described I-FAIR as a platform that empowers Nigerian innovators to develop local solutions to local challenges with guidance from Israeli mentors, rather than importing foreign solutions

 

Up Next

NBC Pushes Ekiti, Kwara Boundary Deal to Boost <a href="https://usglobalxpress.com/nigeria-still-attracts-60-of-french-investment-in-w-africa-thisdaylive/” title=”Nigeria Still Attracts 60% of French Investment in W’ Africa – THISDAYLIVE”>Investments

Don’t Miss

FG Inaugurates Committee to Draft New VAT Modification Order Within Six weeks

Leave a Reply

Your email address will not be published. Required fields are marked *

Website by