– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
Egypt and South Africa Push for Stronger Africa Trade Corridors at BRICS Summit
Nigeria’s Dangote Refinery Expands IPO Access Through 40 Approved Channels
Tharisa Prices $300 Million Bond to Advance Zimbabwe’s Karo Platinum Mine
Senegal Bondholder Group Pushes for Fair and Sustainable Debt Treatment
Namibia to End Vitol’s Exclusive Fuel Supply Deal After October Extension
Lobito Corridor Targets 3 Million Tons of Freight as $750 Million Upgrade Accelerates
Libya’s $2.5 Billion Benghazi Iron Complex Targets Lower-Carbon Steel Supply
Kenya Approves Diageo’s $2.3 Billion Sale of EABL Stake to Japan’s Asahi
Ghana Moves to Set Minimum Pay and Tender Benchmarks for Mining Contractors
TotalEnergies to Invest $10 Billion in Angola as It Targets Sustained Oil Production
Kenya Set for About $400 Million World Bank Emergency Financing Amid Rising Risks
South Africa Swings to 2.6% Current Account Deficit as Higher Oil Costs Hit Imports
Emerging-Market Private Credit Fundraising Surges to $8.7 Billion in H1 2026
TotalEnergies Makes New Angola Oil Discovery, Expands Exploration Footprint
Egypt’s Annual Urban Consumer Price Inflation Eases to 14.5% in August, Stats Agency Says
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Policy » Nigeria Unveils National Digital Cloud Policy, Targets $750 Million Investment
Policy

Nigeria Unveils National Digital Cloud Policy, Targets $750 Million Investment

by Oluebube Elechi August 18, 2026
written by Oluebube Elechi August 18, 2026
FacebookTwitterLinkedinEmail
56

ABUJA, Aug 18 – Nigeria’s National Digital Cloud Policy is targeting $750 million in private investment over the next 24 months as the intend to expand the country’s cloud and data centre infrastructure.

The policy was unveiled by the Federal Ministry of Communications, Innovation & Digital Economy as part of the government’s strategic plan to develop Nigeria’s digital economy and attract more investment into the sector.

Minister of Communications, Innovation & Digital Economy, Bosun Tijani, said the government aims to attract $250 million in private investment within the first 12 months before increasing the target to $750 million over 24 months.

The policy is designed to position Nigeria as a regional hub for digital services and data hosting, while improving government services, building local digital skills and putting safeguards in place for government and other regulated data.

You Might Be Interested In
  • Ethiopia Introduces Compensation Oversight for Capital Market Investors

It focuses on four main areas, including investment and market development, regional digital services exports, government cloud transformation, and digital sovereignty and security.

A key part of the policy is the government’s plan to combine its demand for cloud services instead of allowing different agencies to purchase services separately. The government expects this approach to reduce repeated spending, secure better prices and create steady demand that can encourage private companies to invest in local digital infrastructure.

Tijani said the government wants Nigeria to move beyond being mainly a consumer of global cloud infrastructure and become a competitive location for cloud investment, infrastructure, skills and digital services serving both Nigeria and the wider African market.

Under the policy, the National Information Technology Development Agency (NITDA) will oversee regulation, standards and assurance, while Galaxy Backbone Limited will handle operational delivery, shared infrastructure and demand aggregation. The Bureau of Public Procurement will ensure that the programme follows public procurement rules.

A Sovereign Government Cloud Governance Committee, chaired by the minister, will also provide strategic oversight and coordinate the implementation of the government’s cloud sovereignty framework.

The policy will be implemented through a 24-month roadmap, with the first six months focused on setting up the policy, assessing existing infrastructure, issuing implementation guidelines and creating the required institutional structures.

Between six and 12 months, the government plans to launch the National Digital Marketplace, begin moving priority government agencies to cloud services, register providers and start activities aimed at developing regional markets. The following 12 months will focus on expanding government migration, increasing cloud capacity, bringing states into the programme and growing regional digital service exports.

The push for a stronger sovereign cloud system comes as Nigeria faces growing cybersecurity risks while more government and business services move online.

In May, NITDA’s Computer Emergency Readiness and Response Team warned about DeepLoad, an artificial intelligence-powered malware targeting government agencies, financial institutions, businesses and individuals, highlighting the need for stronger security and protection as Nigeria expands its digital infrastructure.

Read Next

  • WTO Talks End Without Deal on E-Commerce Tariff Ban Extension

    March 30, 2026
  • Guinea’s Bauxite Exports Jump 25% in 2025 as Chinese Demand Deepens

    January 27, 2026
  • S&P Dow Jones Places Nigeria on 2027 Watchlist for Potential Frontier Market Reclassification

    July 9, 2026
  • Nigeria Energy Inflation Falls to 4.37% in July, Lowest in Four Months

    August 20, 2026
  • South Africa’s Inflation Expectations Ease to 3.6% as Oil Price Risks Cloud Outlook

    March 16, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy