• Cloud costs for Nigerian companies have shot up after the naira depreciated sharply because most U.S. cloud companies charge in dollars.
  • Several local cloud startups have sprung up in the last two years. They offer the option to pay in naira, along with data sovereignty and lower latency.
  • Amazon Web Services started accepting payments in naira in January this year, which experts believe is a reaction to local competition.
  • dylanmorgan@slrpnk.net
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    21 hours ago

    Fair point, although the way things are going you might see investment in telecom connections between Africa, Europe, and Asia. Particularly with China pushing Belt and Road.

    • FundMECFS
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      21 hours ago

      I wouldnt be suprised if the gulf states got in on the action too.