Shettima Hails Massachusetts Tech Institute’s Impact on Global Innovation Ecosystem

•Canvasses closer ranks among African entrepreneurs for full harnessing of continent’s huge potentials

Deji Elumoye in Abuja

Vice President Kashim Shettima on Wednesday lauded the transformative impact of the Massachusetts Institute of Technology (MIT) on the global entrepreneurship and innovation ecosystem that has raised over $1.5 billion dollars and created over 30,000 direct jobs in 20 years.

He, however, urged African entrepreneurs to close ranks in order to fully harness the continent’s huge potentials, leveraging MIT’s resource mobilization network and job creation opportunities.

Vice President made the remarks while playing host to a delegation from Kuo Sharper Foundry Fellowship 2025-2026 led by MIT’s Executive Director for the Kuo Sharper Centre for Prosperity and Entrepreneurship, Dina Sherif, at the State House, Abuja.

Shettima called for unity of purpose among African professionals and entrepreneurs, saying “Africa is the new frontier and future belongs to the continent but its people must unite to transform potentials into tangible results that impact lives and livelihoods.

“Africa is blessed with enormous human and material resources but its people must fuse into one to benefit from the tremendous opportunities that abound across the continent,” he stated.

He disclosed that President Bola Tinubu is daring to leverage available opportunities in Nigeria to transform the entire economy, noting that “President Tinubu is not afraid of taking bold decisions that will reposition Nigeria’s economy and better the lives of the livelihoods of the people.”

Earlier in her remarks, leader of the team, Sherif, said the delegation was at the Presidential Villa to brief the Vice President on the activities of MIT’s Kuo Sharper Centre for Prosperity and Entrepreneurship, assuring that the Centre is dedicated to “fueling the engine of entrepreneurship across the world”.

She noted that the team was in Nigeria in view of the Kuo Sharper Foundry Fellowship programme, which, according to her, has helped to entrench the spirit of entrepreneurship across the continent.

Sherif underscored the significance of collaboration among African startups, noting that Nigeria is a leading country, as evidenced in the progress recorded by startups across the continent.

She further assured of improved support for African-based startups from the centre through its various initiatives.