Category: News

Nigeria Attracts More Investments than Other African Countries as Huawei Invests $76M?

Huawei technologies Company Nigeria Limited, a leading tech company in the Nigerian telecoms markets says it has made a total investment of $76 million in the country. The managing Director, Mr Trevor Liu said this to Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning in Abuja, he also mentioned the company made procurements worth $630 million with a tax revenue of $103 million between 2016 and 2019.

Is The Nigerian Government Playing Catch Up? FG Expands Collaborations with Investors as Facebook Plans To Open Office in Lagos

Yemi Osinbajo, Vice President of the Federal Republic of Nigeria on Friday during a chat focused on the digital economic pillar of the Nigerian Economic Sustainability Plan, NESP with Facebook’s Vice President on Global Affairs and Communications, Sir Nick Clegg restated the Federal Government’s determination to boost the nation’s technology sector and digital economy.

Toyota is set to invest $800M in Automation, AI, Connectivity and Others?

Reports have it that Toyota, the Japanese multinational automotive manufacturer is creating a new $800 million global investment fund designed to support growth stage companies that develop innovative technologies in automation, AI, machine learning, data and analytics, connectivity and smart cities; and as such is transitioning from good old fashioned car making to an extensive focus on technological advancements.