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