Nigeria is actively pursuing Chinese investors to develop its burgeoning data centre industry, which is projected to reach a valuation of approximately $671 million by 2030.
This appeal was articulated by Joseph Tegbe, director general of the Nigeria-China Strategic Partnership (NCSP), during the Digital Silk Road Connection Event held in China last week, according to local media reports.
Tegbe highlighted the urgent and clear demand for digital infrastructure within Nigeria, a country that already hosts a substantial portion of Africa’s internet users. Mobile traffic in Nigeria is expanding at an annual rate of 40%, signalling a significant opportunity for increased cooperation between Asian and African nations under the framework of the “Digital Silk Road.” He pointed out that this growth presents a strategic chance for Nigeria to bolster its digital capabilities through investment and partnership.
Data from research indicates that Nigeria’s data centre market was valued at around $278 million in 2024, with substantial growth expected as the country undergoes a digital transformation across various sectors seeking to incorporate information and communication technology (ICT). Mordor Intelligence, a research firm, predicts that factors such as rising smartphone adoption, expanding online shopping platforms, and increased mobile data usage will drive substantial market growth.
However, competition within Nigeria’s data centre landscape is intensifying. Key players include Africa Data Centres (owned by Cassava Technologies), Digital Realty (via Medallion Communications Ltd), MDXi (a subsidiary of MainOne, now part of Equinix), and WIOCC. Additionally, major telecom operators like MTN and Airtel Africa have entered the market as part of their diversification strategies.
Success in Nigeria’s data centre industry is said to depend on providers’ ability to deliver comprehensive, flexible solutions that encompass reliable connectivity, direct access to cloud services, robust infrastructure, and stable power supplies. Investing in specialised skills, innovating through advanced security and cooling technologies, and fostering strong relationships with government authorities and telecom partners are also deemed vital for operational excellence.
It is important to note that this announcement currently serves as an invitation for investment, with the response from Chinese technology firms and investors still uncertain. Details regarding specific investment terms, conditions, and amounts remain undisclosed, although Tegbe previously revealed in July that China had committed around $20 billion to support Nigeria’s key sectors.
