On the sidelines of the 7th AU–EU Summit in Luanda, Angola, Vice President Kashim Shettima met with Hungarian President Tamás Sulyok to explore new frontiers in Nigeria–Hungary relations. Their discussions centered on bolstering cooperation in trade, investment, security, and education, with an emphasis on shared priorities that could drive mutual growth between Africa and Europe.
A major focus of the talks was how Nigeria’s micro, small, and medium enterprises (SMEs) could leverage Hungary’s advanced technology and skills development programs. The partnership seeks to open new doors for Nigerian SMEs by facilitating access to European markets, modern business practices, and cross-border business opportunities, which will enhance innovation, competitiveness, and sustainable growth.
Security cooperation was another critical area, with both leaders agreeing on the need to address regional instability and transnational threats. They discussed strategies to strengthen governance structures that support economic development and enhance public-private partnerships, particularly in infrastructure and digital transformation. Hungary pledged support through technical and financial collaboration, particularly in sectors like renewable energy, ICT, and manufacturing.
The leaders also highlighted educational partnerships as key to building Nigeria’s human capital for the future. Both nations agreed to expand scholarship programs, vocational exchanges, and collaborative research initiatives, which will equip young Nigerians with the skills necessary for success in the technology-driven industries of tomorrow.
As the summit continued, African and European leaders engaged in broader discussions on peacebuilding, investment facilitation, climate resilience, and integrating Africa’s rapidly growing workforce into global value chains. Beyond Nigeria and Hungary, the summit served as a platform for tackling issues such as digital infrastructure and sustainable economic development across the continent.
Through these strengthened ties, Nigerian SMEs are poised to gain access to valuable mentorship networks, financing opportunities, and international supply chains, ultimately fostering inclusive growth and resilience in the private sector.
