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FG targets $750m investment with new national cloud policy

Nigeria’s Federal Government launches a new National Cloud Policy to attract $750m in private investment and become a West African cloud computing hub. Read More: https://punchng.com/fg-targets-750m-investment-with-new-national-cloud-policy/

FG targets $750m investment with new national cloud policy

The Federal Government of Nigeria has introduced a new National Digital Cloud Policy, with the goal of attracting $750 million in private investment over the next 24 months. The policy, unveiled by the Federal Ministry of Communications, Innovation and Digital Economy, aims to position Nigeria as a major cloud computing and data-hosting hub for West Africa and the wider African market.

The framework provides a foundation for investment in data centers, cloud infrastructure, and artificial intelligence computing capacity, while also establishing new rules for government cloud adoption and the protection of sensitive public data.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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