SWEDISH ICT DELEGATION TO NIGERIA

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1 DELEGATION How Information and Communication Technology will grow and empower people, business and society in Nigeria

2 INVITATION Programme: Tuesday November 24 th, Swedish-Nigerian ICT conference Discuss and explore the opportunities and challenges for growth in Nigeria Best practices of using ICT in the private and public sector Policies and Foundations how to create an environment that drives ICT development (e.g. Optimizing frequencies distribution and the quality aspect of the operators services etc.) Infrastructure building sustainable innovative ICT infrastructure to facilitate high speed mobile broadband access, digital migration as well as rural coverage Value Added Services necessary to secure inclusive and dynamic growth in Nigeria (i.e. e-government solutions like e-banking, e-payment, e-healthcare, e-education etc. & other VAS) Reception hosted by the Swedish Ambassador to Nigeria Network with representatives from the Nigerian ICT sector, senior government officials and business and industry experts Wednesday November 25 th, B2B targeted sessions with Nigerian companies Individual B2B meetings tailored to suit the needs and preferences of the participants - Nigerian Participants: Regional and national key decision makers, regulators, operators, Ministry of ICT, Ministry of Agriculture, Ministry of Education, ICT companies etc. 1/4

3 Background on Nigeria and its ICT Sector Nigeria is the largest economy and population in Africa with over 182 million people, contributing to the rising consumer expansion. Nigeria is the largest and fastest growing ICT market in Africa since the sector s deregulation in With the population predicted to hit 221 million by 2020, the country will continue to be one of the largest and fastest growing economies in Africa for the foreseeable future. In April 2015 Nigeria conducted elections which were considered by international observers to be free and fair and were followed by peaceful handing over of power to the new President Muhammad Buhari. At the end of 2014, the total mobile subscriptions in Nigeria reached 148 million, equal to a penetration rate of 83%, where mobile data users account for 55% of total mobile subscriptions. Current forecasts expect mobile subscriptions to surpass 170 million in 2019, a remarkable growth from the first establishment of GSM services in This growth can be attributed to Nigeria s strong economic development, a youthful population and intense competition between service providers operating the country. Much of the focus of both the operators as well as the government has been on rural coverage over the last years, with several investments in network expansions and further investments are planned. Competition in the mobile sphere is robust and operators are heavily investing in network upgrades and network expansions and all the mobile operators offer 3G/3.5G services. Value-added services (VAS) in 3G and 4G networks are another focus area for operators as LTE technology sites are being developed across the country. Nigeria's internet market supports a large number of providers, many of which offer VSAT services, as well as wireless access services. Although the number of Nigerian internet users is low at 55%, most large towns and cities have multiple internet cafés that ensure that levels of internet usage continue to grow. E-services and options including mobile banking are gradually taking off in Nigeria. In December 2014, the Central Bank revealed that mobile financial services transactions have reached around USD2 billion through 15 million transactions since the launch in 2012 Generally, there are several interesting sub-sectors in the Nigerian ICT sector which are expected to see continued strong growth resulting in business opportunities for Swedish companies. FOR MORE INFORMATION PLEASE CONTACT; Håkan Lind, hakan.lind@business-sweden.se T Anthonia Adenaya, anthonia.adenaya@business-sweden.se T /4

4 REGISTRATION Date: November 2015 Location: Lagos, Nigeria I hereby apply on behalf of my company to participate as a key event partner in the Swedish ICT Delegation to Nigeria on November 2015, à SEK 60,000 per person (SEK 30,000 for companies with max. 50 employees and a turnover of less than EUR 10 million). I hereby apply on behalf of my company to participate as an event partner in the Swedish ICT Delegation to Nigeria, on November 2015, à SEK 24,000 per person (SEK 12,000 for companies with max. 50 employees and a turnover of less than EUR 10 million). I am interested in supplementary services from Business Sweden in connection with the visit and would like to be contacted for more information. Registration to be sent as soon as possible but no later than 16 October, 2015 To: Hakan.Lind@Business-Sweden.se Business Sweden s General Conditions for Participation in Joint Export Activities (June 2011) are enclosed. Company: Corporate ID: Invoicing address: Postal Code: City: Phone/Switchboard: Name 1: Title: /Mobile: Name 2: Title: /Mobile: Contact Person: /mobile: Date: Signature: 3/4

5 General Conditions for Participation in Joint Export Activities (exhibitions, delegation travels, etc) 1. General BUSINESS SWEDEN undertakes to carry out the export activity described in the invitation on condition that the necessary number of companies signs up by giving binding notice of participation and no obstacles specified in section 5 below exist in regard to the performance of the activity. 2. Participation fee Companies taking part in the activity undertake to cooperate in order to achieve its aim and facilitate its performance and also to pay the fee specified in the invitation. Participation in the activity may not be made available or assigned to a third party without the prior written consent of BUSINESS SWEDEN. Unless otherwise expressly stated, all prices are exclusive of VAT. The participation fee shall be paid in advance. If the price has been specified in SEK and BUSINESS SWEDEN has to pay certain costs in local currency, the price shall at the time of payment be adjusted if the exchange rate has changed by more than 5% between the date of the invitation and the date of invoicing. In the event of fewer companies signing up for the activity than required in the invitation, the participating companies undertake to pay an increase not exceeding 10% of the participation fee. The term of payment is 30 days from the invoice date. In the event of late payment, penalty interest is payable at the current Swedish reference rate ( referensränta ) plus eight (8) percentage points. Any costs for collection or other measures to obtain payment will be charged to the company. 3. BUSINESS SWEDEN s undertakings BUSINESS SWEDEN s undertakings are limited to what is stated in the invitation and the present conditions. Payments for services that BUSINESS SWEDEN has undertaken to perform by written agreement, over and above what is included in the activity, shall be made as they fall due after invoicing. BUSINESS SWEDEN is entitled to depart from the method specified in the invitation of performing the activity if its performance requires this. 4. Cancellation etc Registration is binding. If not stated otherwise in the invitation, upon cancellation of participation the fee will be charged in full as from the date BUSINESS SWEDEN has received and confirmed the company s binding reservation. 5. Force majeure etc BUSINESS SWEDEN may cancel the activity or postpone carrying it out for a reasonable period if any obstacle to or unreasonable increase in the cost of carrying it out arises or if carrying it out would jeopardise the safety of persons or property affected by the activity, due to an event or circumstance outside BUSINESS SWEDEN s reasonable control (force majeure). Such events or circumstances include acts of violence or a risk of acts of violence of all kinds (including war, hostilities, acts of sabotage etc.), natural phenomena (earthquakes, hurricanes, floods etc.), sudden events which cause injury or damage (fires, explosions etc.), labour conflicts (strike, lockout, blockade, working to rule etc.), events and interventions of an official nature (changes in the law, new legislation, a change in the exchange rate), and other unforeseen events or unforeseen consequences of foreseeable events such as lack of transport, a shortage of skilled workers, power cuts etc. BUSINESS SWEDEN shall inform the participating companies in an appropriate manner as soon as possible after force majeure is deemed to exist. In addition to what is stated in the first paragraph of this section, the effect of invoking force majeure is that BUSINESS SWEDEN will be absolved from economic consequences, including damages for delay in carrying out the activity or for the activity not being carried out at all or not being carried out as agreed. 6. Disputes etc These general conditions shall be governed by and are construed in accordance with Swedish law. Any dispute in connection with these general conditions shall be finally settled by arbitration in accordance with the Rules for Expedited Arbitrations of the Arbitration Institute of the Stockholm Chamber of Commerce. 4/4

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