Local cloud startups offer data sovereignty at a time when the debate about who has access to a country’s data is heating up.
  • 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.