Telecom
Nigeria’s $1 Trillion Economy Vision Hinges on Digital Backbone
Industry leaders at a summit on the implementation of Critical National Information Infrastructure (CNII) framework in Nigeria have established a direct link between Nigeria’s $1 trillion economy ambition and the critical roles of digital infrastructure in the country.
L-R: Chief Executive Officer, Open Access Data Centre, Dr. Ayotunde Coker; Director, Legal (Global & Regional Business Affairs), Equinix, Abayomi Adebanjo; Chief Executive Officer, Rack Centre, Lars Johannisson; Ass. Business Editor and panel moderator, Yemi Adepetun; and Convener, Policy Implementation Assisted Forum (PIAFo), Omobayo Azeez, at the 7th PIAFo Summit on Critical National Information Infrastructure held in Lagos on Thursday.
During a panel session titled Appraisal of Data Centre Infrastructure Risks in the Scheme of CNII Implementation, they underscored the need for robust investments in data centers, broadband expansion, and cybersecurity.
Moderated by Yemi Adepetun, Assistant Business Editor at The Guardian Newspaper, the session featured insights from top industry executives, who stressed that Nigeria’s digital economy hinges on resilient infrastructure, energy integration, and strategic policy implementation.
Participants are the Chief Executive Officer, Open Access Data Centre (OADC), Dr. Ayotunde Coker; CEO of Rack Centre, Lars Johannisson; and Director of Legal (Global and Regional Business Affairs) at Equinix, Mr. Abayomi Adebanjo.
The panel session formed a part of the just concluded seventh edition of Policy Implementation Assisted Forum (PIAFo) with the theme: “Strengthening Protection of Critical Information Infrastructure through Proactive Implementation and Strategic Coordination.”
Strengthening Nigeria’s Digital Backbone
OADC boss, Coker, highlighted the fundamental role of digital infrastructure in driving economic growth. He pointed out that connectivity, data centers, and power must be aligned to ensure digital resilience.
Dr. Coker acknowledged Nigeria’s recent progress in restoring connectivity through increased subsea cable capacity, citing Meta’s new subsea cable project as a significant boost to global connectivity. However, he stressed the urgency of upgrading outdated subsea cables and fast-tracking infrastructure projects such as the Equiano and 2Africa cables.
With the government’s plan to expand fibre optic capacity by 90,000 kilometers, Dr. Coker emphasized the direct economic impact of broadband penetration, stating that a 10% increase could contribute 2.5% GDP growth. He also noted that while South Africa houses 50% of Africa’s data center infrastructure, Nigeria must scale up investments to bridge the gap and compete on a global level.
“The future of our digital economy depends on the seamless integration of connectivity, power, and data centers,” Dr. Coker asserted, calling for greater collaboration between private and public stakeholders.
Challenges in Execution and Investment
Mr. Johannisson echoed Dr. Coker’s sentiments, applauding Nigeria’s digital progress but warning that execution remains a major hurdle.
He highlighted asset protection policies as a key factor in attracting foreign investments.
Johannisson revealed that every megawatt of data center capacity requires an investment of approximately €12-15 million, with 70 megawatts currently in the pipeline.
He also stressed the importance of decentralizing data centers beyond Lagos to ensure broader access and affordability, especially with the pressing need for edge infrastructure which requires data centre spread across the country.
“If inefficiencies drive up costs, digital services will remain inaccessible to large segments of the population,” he warned.
Looking ahead, Johannisson emphasized the need to maintain cost-effective infrastructure investments to achieve Nigeria’s broadband penetration target of 80% by 2030.
Security, Power, and Government Support
Meanwhile, Abayomi Adebanjo, Director of Legal (Global and Regional Business Affairs) at Equinix, focused on the intersection of digital infrastructure and national security.
He underscored the vulnerability of critical networks to cyber threats and called for stricter security measures at both physical and digital levels.
Adebanjo also identified major gaps in Nigeria’s Critical National Information Infrastructure (CNII) framework, urging the government to take a more active role in enforcing protection programs.
He cited persistent issues such as fiber cable theft and legal obstacles in prosecuting offenders as deterrents to investment.
Recognising the significant power demands of data centers—comparable to large industrial operations such as the Dangote refinery—Adebanjo advocated for incentives such as designated special zones for data centers and priority access to electricity.
“Ireland is a prime example of how a stable regulatory and power supply environment can attract foreign direct investment,” Adebanjo noted, urging Nigerian policymakers to adopt similar strategies.
The Path Forward
The discussions at PIAFo underscored that Nigeria’s ambition to achieve a $1 trillion economy hinges on its ability to create a conducive environment for data centers and digital infrastructure growth.
In his opening remarks, Convener of PIAFo, Mr. Omobayo Azeez, stressed the need for concerted efforts among stakeholders to protect existing infrastructure and attract new investments to secure the digital future of the country.
Industry leaders agreed that increased broadband penetration, strategic investment, and supportive government policies are critical to bridging the digital divide and ensuring long-term sustainability.
With a growing commitment from both public and private sectors, Nigeria stands at a pivotal moment in its digital transformation journey—one that will define its economic trajectory for decades to come.
Spacecoin, US-based, has announced the signing of recent agreements with local authorities and operators to launch satellite connectivity pilot projects in Africa.
The initiatives, focused on Kenya and Nigeria, aim to serve areas where terrestrial networks remain limited or unavailable.
n Kenya, Spacecoin has obtained a transmission license from the Communications Authority, allowing it to test satellite-based solutions for connectivity and Internet of Things (IoT) monitoring, particularly in rural and peri-urban areas with limited internet access.
According to the Kenyan regulator, internet penetration remains below 50% of the population, despite mobile penetration exceeding 130%.
In parallel, the company is continuing operations in Nigeria under an existing license issued by the Nigerian Communications Commission (NCC).
This authorization supports initiatives aimed at delivering affordable broadband connectivity to isolated and underserved communities.
Spacecoin’s approach is based on a decentralized satellite network using nanosatellites in low Earth orbit (LEO).
Combined with blockchain-based protocols, this architecture is intended to offer more flexible and cost-effective connectivity services than traditional networks, while also enabling the integration of IoT solutions for a range of uses, from smart agriculture to infrastructure monitoring.
These projects are part of a broader strategy to help narrow Africa’s digital divide, where a significant share of the population still lacks access to reliable internet services.
Satellite technology is increasingly viewed as a complement to terrestrial infrastructure, particularly in hard-to-reach areas where deployment costs and geographic constraints remain high.
Beyond Africa, Spacecoin is also running pilot projects in Asia, working with local partners to test the viability of its model across different regulatory and geographic environments.
According to the company’s management, growing interest from regulators reflects a shift toward solutions capable of reaching populations that have long been excluded from internet access.
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announces the appointment of Khaled Salah, 37 years old, as Vice President of Africa.
Khaled Salah
In this new role, he will be responsible for about 30 employees to ensure the successful implementation of AVEVA’s growth strategy. Khaled Salah will report directly to Jesus Hernandez, SVP of the EMEA region.
A 15-years + career across different industries and domains
With a MBA in management from the Warwick business school, UK, and a master’s degree in engineering from Ain Shams university in Egypt, Khaled Salah is an active advocate for driving sustainable progress in the industrial sector. With Sustainability in mind, Khaled is keen on making a positive business impact, while fostering progress for people and the planet.
He started his career at Schneider Electric, in 2013 in the global supply chain and evolved through various roles such as Europe procurement and supply chain strategy Manager, and Global Commercial strategy Director for the industrial automation business. Khaled Salah has developed a strategic understanding of all those fields.
After 12 years in Schneider Electric, Khaled joined AVEVA in 2022 to lead AVEVA and Schneider Electric global strategic partnership, across all industries managing a team of 30 people.
He has led the introduction of new AVEVA software solutions to initiate and develop significant growth areas across all Schneider Electric verticals.
Ambitious plans for AVEVA in Africa
In addition to his current role as AVEVA and Schneider Electric partnership Vice-President, Khaled now takes over the management of AVEVA’s activities in Africa.
Jesus Hernandez, SVP of the EMEA region says: “Africa is a strategic region for AVEVA. In this major industrial market, customers, world leaders in the fields of Energy, Metal & Mining, Chemicals, and Water, are looking for AVEVA’s expertise to accelerate and drive their digital transformation and sustainability strategies, as well as their energy transition projects.
“Khaled Salah’s qualities of leadership in a global environment will benefit his team spread across 12 countries including Algeria, Morocco, Egypt, Kenya, Nigeria, and South Africa.”
Motivated by the prospect of capitalizing on the talent of his team to strengthen AVEVA’s presence in Africa in the years to come, Khaled Salah says: “Helping my team realize their professional potential is close to my heart.
“We will work together to support and accelerate the digital transformation of industries in Africa, in particular through CONNECT, our industrial intelligence platform, with the support of our ecosystem of partners. »
A Google-Ipsos report reveals Nigerians topping global AI usage at 88%, surpassing the 62% worldwide average, with sharp rises in education and business applications.
“Our Life with AI: Helpfulness in the hands of more people” shows 93% of Nigerians using AI for learning complex topics versus 74% globally, 91% for work assistance, and 80% for new ventures—nearly double the 42% global rate.
Taiwo Kola-Ogunlade, Google’s West Africa Communications Manager, stated: “Nigerians are creatively using AI to unlock opportunities for learning, growth, and economic empowerment, shaping their future with technology.”
Key findings highlight 91% viewing AI positively for learning access, 95% expecting benefits for students and educators, and strong optimism—80% excited versus 20% concerned, compared to global 53%-46% split. Frequent users show 90% excitement
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