• 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

Pepe Cryptocurrency Experiences Surge in Whale Transactions

chest

Pepe cryptocurrency has seen a 61% increase in Whale Transaction Count, indicating heightened interest from large investors.

user avatarLucas Weissmann

Amundi Introduces Tokenized Overnight Swap Fund SAFO

chest

Amundi, Europe's largest asset manager, has launched the Spiko Amundi Overnight Swap Fund SAFO, a tokenized fund on Ethereum and Stellar with approximately 100 million in committed assets.

user avatarFilippo Romano

US Economic Growth to Average 1.7% Over Next 30 Years, CBO Reports

chest

The Congressional Budget Office forecasts a significant decline in US economic growth, averaging only 1.7% annually over the next three decades.

user avatarEmily Carter

Supply Gap Identified in Bitcoin's UTXO Realized Price Distribution

chest

A significant supply gap has been identified in Bitcoin's UTXO Realized Price Distribution between the 72,000 and 82,000 levels, indicating limited supply that may act as resistance for price movements.

user avatarTomas Novak

Canada Intensifies Crypto Enforcement After Major Fines

chest

Canada's financial authorities are intensifying enforcement actions against cryptocurrency businesses following significant penalties imposed on platforms like Cryptomus and KuCoin.

user avatarKaterina Papadopoulou

Elon Musk's Dogefather Meme Revival Ignites Dogecoin Enthusiasm

chest

Elon Musk revives his Dogefather meme, sparking renewed enthusiasm for Dogecoin among the crypto community.

user avatarMaya Lundqvist

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.