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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Coinbase Launches Leveraged Crypto Derivatives on Base App

chest

Coinbase launches leveraged crypto derivatives on the Base App, allowing users to trade perpetual futures with up to 50x leverage.

user avatarZainab Kamara

Palantir Technologies Reports Stellar Earnings and Revenue Growth

chest

Palantir Technologies has reported a 93% year-over-year revenue surge and a 225% increase in earnings, positioning itself as a leading AI solution.

user avatarSon Min-ho

US Tech Stocks Experience Significant Gains Driven by AI Boom

chest

The US tech stock market has seen substantial gains over the last year, driven by advancements in AI technology.

user avatarAyman Ben Youssef

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

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.