‘Finnish Companies Exploring Opportunities in Nigeria’


By Peace Obi

The Trade Commissioner, Finnish Trade Promotion, Mr. Olu Raheem has said that Finnish technology companies were set to explore the huge business opportunities West Africa and particularly, Nigeria offers.

Stating that as a key driver in international trade and Africa’s largest market, the incentives to enter Nigeria was strong for Finnish companies that were looking to expand their footprint in technology and digital services.

According to the statement, Finpro, the official trade and investment promotion agency of Finland with a local office in Lagos would be bringing to Nigeria seven fast growing Information Communications Technology (ICT) companies from Finland from April 25 to 29, 2016 whose innovative ICT solutions would further boost local businesses and benefit the Nigerian consumers.

Noting that there was space in Nigerian market, especially in the technology area, which was an area Finnish technology know-how and innovative solutions could provide added value. And that the connectivity from Finland-growth program run by Finpro, would be bringing the companies to the country to meet with local authorities and prospects.

“As markets are fluctuating globally, Finnish companies are looking to grow and want to be part of as well as contribute to the program of a quickly evolving market. The companies coming to Nigeria represent longstanding know-how in connectivity platforms, mobile infrastructure, security and authentication, operations management, digital campaign and learning solutions”, the statement added.

Stressing that given the rapid transition from 2G to 3G, reaching 4G, created new requirements for further development of network infrastructure capacity and capabilities. And that according to Finpro Program Director, Kimmo Aura, “connectivity from Finland growth program are in perfect position as they can provide the needed solutions for operators such as platforms for service implementation and mobile network solutions as well as applications.

“Finnish expertise will deliver Nigerian telecommunications sector solid technological solutions helping operators to increase revenue, decrease costs and optimise network usage and reach. The comprehensive Finnish offering will enable operators to deliver innovative services to their end users, increasing quality of service and coverage of their networks, Raheem assured.

Listing the visiting companies to include Comptel, Exomi, Funzi, JLSoft, Monami Agency Movial, QPR Software, said that Finland’s introduction of countless technologies and digital services to the world through global players such as Nokia that Finland’s digital success story is the net sum of many factors.

“At the same time Finland’s digital success story is the net sum of many factors, including an almost national obsession with technology and all things digital. Finland’s emphasis on interdisciplinary education, diversified IT ecosystems and extensive ICT competencies ensure an outstanding position in the global marketplace. Moreover, Finns have expertise in agile problem solving and effective roll-out of large, global scale projects”, he said.