• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US Supports Nigeria's Digital Infrastructure with a $2,095,000 Grant

user avatar

by Giorgi Kostiuk

a year ago


The US is granting $2,095,000 to improve Nigeria's digital infrastructure, deploying 90,000 km of new fibre optic backbone.

US-Nigeria Technology Dialogue

During the inaugural US-Nigeria Technology Dialogue in Washington, D.C., on January 10, 2025, discussions focused on strengthening the digital economies of both nations. The grant funded by USTDA aligns with Nigeria's National Broadband Plan to ensure affordable and accessible broadband coverage.

The United States and Nigeria signed a new $2,095,000 grant to assess the viability of the deployment of at least 90,000 km of new fibre optic backbone infrastructure across Nigeria.US Department of State Statement

AI and Tech Advancements

During the roundtable, delegations discussed the role of critical infrastructure in advancing artificial intelligence and explored technology cooperation and biotechnology. Both governments agreed to hold a virtual expert exchange on AI-enabled biotechnology.

Startup Support and Digital Trade

Nigeria launched the Technology Export and Digital Trade Desk to boost startup funding to $5 billion annually, enhancing the tech sector and global competitiveness.

The initiative seeks to increase the technology sector’s contribution to Nigeria’s GDP from the current 14–18% to 21% within the next three years.Minister Bosun Tijani

The US grant highlights the importance of partnership in improving Nigeria's digital infrastructure and fostering economic growth through digital skill and technology development.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Traders Return to Speculative Activity as XRP Shows Signs of Upward Pressure

chest

Traders are showing signs of returning to speculative activity as XRP indicates potential upward pressure.

user avatarTomas Novak

XRP Faces Increased Volatility Amid Bearish Market Trends

chest

XRP has breached the 130 support level, leading to heightened volatility on cryptocurrency exchanges, particularly Binance.

user avatarEmily Carter

META CEO Mark Zuckerberg Hints at Entering Cloud Computing Market

chest

META CEO Mark Zuckerberg hints at the company's potential entry into the Cloud computing market to compete with Amazon Web Services and Microsoft's Azure.

user avatarKaterina Papadopoulou

Barclays Predicts Major Decline for Apple Stock

chest

Barclays predicts a significant decline in Apple stock, forecasting it could fall to 253, contrasting with other analysts' optimistic views.

user avatarMaya Lundqvist

Unidentified Wallet Sends 107 BTC to Burn Address, Sparking Speculation

chest

An unidentified wallet has sent 107 BTC to a burn address, leading to speculation about the reasons behind this significant Bitcoin destruction.

user avatarLeo van der Veen

ICE to Extend Trading Hours in Response to Hyperliquid

chest

ICE plans to extend trading hours on Fridays and reopen earlier on Mondays in response to Hyperliquid's disruptive weekend oil trading.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.