Huawei bets on cloud market with $10m credits to Nigerian startups
Huawei wants to invest $10 million in 100 Nigerian startups in the next three years, to vie for a share of the local cloud market in Nigeria.
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Huawei wants to invest $10 million in 100 Nigerian startups in the next three years, to vie for a share of the local cloud market in Nigeria.
Information management services are designed to help organisations collect, store and manage their data more efficiently.
Notwithstanding the investments that have gone into Nigeria’s data centre sub-sector, there are concerns that capacity utilisation of these facilities remains very poor when compared to other countries within the region, including South Africa, Kenya and others.
Global cloud service providers are paying closer attention to smaller but fast growing markets as sales at home slow down.
The nation’s pursuit of becoming a central hub for data and technology in the sub-region has received impetus from the formalisation of a partnership between Africa Data Centres (ADC) – a subsidiary of Cassava Technologies, a pan-African technology group – and the United States International Development Finance Corporation (DFC).