• 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

SEC Proposal May Open Doors for Tokenized Stocks

chest

The SEC's recent proposal may simplify compliance for on-chain trading systems, potentially facilitating the development of tokenized stocks.

user avatarSatoshi Nakamura

SEC Proposes Changes to Regulation NMS Rules Impacting Equity Markets

chest

The SEC has proposed rescinding two key Regulation NMS rules, Rule 611 and Rule 610e, to simplify the equity market structure and reduce trading complexity.

user avatarJesper Sørensen

Regulatory Scrutiny Poses Risks for Alphabet

chest

Alphabet faces increasing regulatory scrutiny that could impact its business operations and stock performance.

user avatarLucas Weissmann

Warren Buffett's Berkshire Hathaway Invests in Google Stock

chest

Berkshire Hathaway has made a significant investment in Google stock, purchasing shares at the price of 351.81. This move indicates confidence in the company's future and may signal to other investors that now could be a good time to buy Google stock.

user avatarRajesh Kumar

Coinbase Introduces New Editorial Standards

chest

Coinbase has announced a new editorial policy that emphasizes accuracy, relevance, and impartiality in its content.

user avatarFilippo Romano

Kraken's Perpetual Futures to Include Major Crypto Assets

chest

Kraken's upcoming perpetual futures will feature a diverse lineup of major crypto assets, including Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, Dogecoin, Litecoin, and Avalanche.

user avatarEmily Carter

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.