Wednesday
February 26
2025

Nigerians Are Building Affordable Alternatives to AWS and Google Cloud

The payments to AWS gradually skyrocketed as the naira depreciated around 70% against the dollar between 2020 and 2024. “The bills were staggering,” Ashiru told Rest of World. “Combine that with Nigeria’s economic challenges — rising inflation and forex volatility — and it became clear that this model was unsustainable.”

Photo courtesy of Batu Gezer.

Source: Rest of World (link opens in a new window)

Categories
Technology
Tags
corporations, data, digital payments, e-commerce, startups