Would you like to receive notifications on latest updates of the following headlines?

Huawei Cloud to Finance 100 Nigerian startups till 2026

POSTED ON April 5, 2024 •   BUSINESS      BY Abiodun Saheed Omodara
Executive Director of Huawei and CEO of Huawei Cloud and Consumer Business, Richard Yu l Credit: OrangeTeam Source: X

Huawei Cloud, on Thursday, said it will launch a Local Cloud in Nigeria and support 100 Nigerian startups over the next two years. 

The communications manager, Oyin Ajayi, disclosed the Startup Summit Nigeria 2024, themed “Unleash the Power of Startups,” which kicked off in Lagos. 

"Over 150 industry startups, venture capitals and partners in Nigeria gathered to share ideas on startup innovation, ecosystem collaboration, and digital transformation," she said.

The Director of Huawei Cloud, Hugo Hu, in a keynote address, called on Nigerian startups to jointly innovate and shape the future of Nigeria's digital economy.

“The Nigerian startup ecosystem is expanding significantly. However, the path of innovation is not only full of opportunities but also challenges such as technology, funding, data security and compliance,” Hu said.

"The key to accelerating innovation is to embrace the cloud.
Huawei Cloud is committed to providing an ecological platform for Nigerian startups, as well as enabling startups to get cost-effective cloud resources with ease and reach business opportunities at a faster pace. We strongly believe Huawei Cloud is a better choice for Nigerian startups,” he said.

The Ecosystem Director of Huawei Cloud Nigeria, Paul Adigun, said that through three key initiatives advanced cloud platform, startup talent development, and business resources, the firm’s startup program will provide startups with leading cloud-native infrastructure, professional services, and up to $150,000 credit voucher for cloud adoption.

The firm aims to build a cloud foundation for an intelligent world leveraging the concept of “Everything as a Service”.

READ ALSO
Nigeria Should Aim for 60,000 Megawatts of Power Generation- Dangote
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote, argues that Nigeria's low electricity generati...

READ ALSO
FG Unveils Strategy to Enhance Aquaculture and Reduce Fish Imports in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

The federal government is committed to reducing Nigeria's reliance on fish imports by enhancing loca...

READ ALSO
FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...

READ ALSO
Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 16, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...

READ ALSO
US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 14, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...

READ ALSO
FG Commits to Clearing Legacy Debts for Gas Producers
BY Abiodun Saheed Omodara July 12, 2025 0

The Federal Government has announced its intention to clear all due payments to gas producers, inclu...

READ ALSO
Solid Minerals Minister Addresses Blackmail Against Mining Marshals, Vows Sector Reforms
BY Abiodun Saheed Omodara July 12, 2025 0

The Minister of Solid Minerals Development, Dr. Dele Alake, has stated that the Mining Marshals (MM)...

READ ALSO
Senate Calls for Reassessment of Nigeria's Power Sector Strategy
BY Abiodun Saheed Omodara July 11, 2025 0

The Senate has urged the Federal Government to reconsider its strategy regarding the power sector, a...

OUR CHANNELS:

Health Workers Threaten Nationwide Strike Over Controversial Allowance
BY Abiodun Saheed Omodara July 19, 2025 0

Medical practitioners in Ekiti and Ondo states have voiced strong opposition to a recent circular is...


Nigeria's Electricity Tariff Subsidy Soars to N1.94 Trillion in 2024, Marking a 219.67% Increase
BY Abiodun Saheed Omodara July 19, 2025 0

The electricity tariff subsidy from the Federal Government has increased significantly from N610 bil...


Tinubu Renamed University of Maiduguri in Honor of Late President Muhammadu Buhari
BY Abiodun Saheed Omodara July 18, 2025 0

President Bola Tinubu has approved the renaming of the University of Maiduguri in Borno State to Muh...


Obama’s Debunk Report on Divorce
BY Abiodun Saheed Omodara July 19, 2025 0

Former U.S. President Barack Obama and his wife, Michelle, have put to rest rumors regarding their m...


Bayelsa Govt. Cautions Principal Officers on Pension Delay
BY Abiodun Saheed Omodara July 18, 2025 0

The Bayelsa State Government has cautioned principal officers of local government councils to avoid...


NLC Decries Nigeria's Poor Labor Rights Record as National Disgrace
BY Abiodun Saheed Omodara July 18, 2025 0

The Nigeria Labour Congress (NLC) has expressed its worries about the nation's inadequate performanc...


Israeli Strike Hits Catholic Church in Gaza, Killing Two Civilians
BY Abiodun Saheed Omodara July 20, 2025 0

An Israeli airstrike on Gaza's sole Catholic Church resulted in the deaths of two individuals on Thu...


SSC Napoli Completes €25 Million Deal for Noa Lang from PSV
BY Abiodun Saheed Omodara July 19, 2025 0

Serie A champions Napoli confirmed on Thursday that they have signed Dutch forward Noa Lang from PSV...


Civil Defence Board Temporarily Closes Recruitment Portal for System Enhancements
BY Abiodun Saheed Omodara July 20, 2025 0

The Civil Defence, Correctional, Fire and Immigration Services Board has temporarily closed its recr...


Nigeria Should Aim for 60,000 Megawatts of Power Generation- Dangote
BY Abiodun Saheed Omodara July 19, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote, argues that Nigeria's low electricity generati...


More Articles

Load more...

Menu