India to Finance Nigeria’s Solar-Based Digital Connectivity Project

India has promised to finance a solar based digital connectivity project that would cover one thousand rural areas in Nigeria.

Adebayo Shittu, Nigeria’s Minister of Communications disclosed this at the Indo-Africa ICT expo held in Lagos recently, where he stated that the Indian government has offered assistance in all areas of technology, as an effort to seek stronger ties with Africa and Nigeria in particular.

Shittu also  used the opportunity to invite Indians to invest in the key Nigerian ICT projects, which include the establishment of ICT University and ICT development bank to cater to the specific financing needs of the ICT industry in Africa’s biggest market.

Speaking at the summit,  Sanjay Nayak, Co-chairman of India’s Telecom Equipment & Services Export Promotion

Council (TEPC), said India remains the ideal partner for Africa as it shares the same vision and mission for technology growth.

According tohim, India has developed quality technologies well-crafted to meet the needs of countries in the African continent, and which they can leverage on at competitive price.

India, Nayak said, has the lowest telecom tariff rates in the world as a result of its cutting edge technologies. “We have end-to-end solutions, which are well suited for African needs” he said.

Manoj Sinha, India’s Minister of Communications said the third edition of the Indo-Africa ICT Expo in Lagos has special significance, not only for India and Nigeria, but also for the entire Africa, adding that the success of the first two editions held in Kenya gave the organisers the confidence to shift the focus to West Africa.

“I strongly believe that the vast experience gained by India in setting up of ICT infrastructure can be leveraged by the governments as well as the private business enterprises in Africa. To explore synergies on the ground in ICTs, more than 50 ICT companies from India are participating in this ICT Expo” Sinha said.

Citing the key capabilities of Indian companies and what they can offer Nigeria, the Minister said that India companies have developed the engineering capabilities and experience with smart innovations. “They have the ability to train employees at scale; innovative business models at low cost. This makes them well-positioned to support the booming African ICT sector” he said. BUSINESSDAY.

 

Jumoke Akiyode Lawanson

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