Saudi Arabia wants to team up with Nigerian and African startups to pump up food production and drive innovation across the region. Abdulaziz Alsaif, who serves as Vice Chairman at Entrepreneurship Vision, said the Kingdom is opening doors for African founders who need venture capital to break into Middle Eastern markets. He pointed out that Saudi authorities see massive potential in African entrepreneurs, especially those working on agriculture tech, and they're ready to back ventures that can scale up with proper funding and market access.
The country has been transforming its own startup scene under Vision 2030, and Alsaif mentioned they're down to share what they've learned with Nigerian innovators through knowledge swaps, joint ventures, and cross-border programs. Saudi Arabia is pushing to boost its food security by 40 percent by 2030, investing heavily in smart farming and training up a new wave of agricultural professionals. At the G20 Summit in Johannesburg, Prince Fahd bin Mansour bin Nasser bin Abdulaziz led talks about startup growth, talent mobility, and building better investment frameworks between African and Saudi partners.
The country has been transforming its own startup scene under Vision 2030, and Alsaif mentioned they're down to share what they've learned with Nigerian innovators through knowledge swaps, joint ventures, and cross-border programs. Saudi Arabia is pushing to boost its food security by 40 percent by 2030, investing heavily in smart farming and training up a new wave of agricultural professionals. At the G20 Summit in Johannesburg, Prince Fahd bin Mansour bin Nasser bin Abdulaziz led talks about startup growth, talent mobility, and building better investment frameworks between African and Saudi partners.
