Exciting news from Huawei Cloud! As part of their commitment to fostering innovation in Nigeria, they’re empowering 100 startups with $10 million in cloud credits over two years. This initiative, announced at the Huawei Cloud Startup Summit in Lagos, aims to fuel the growth and success of Nigerian startups on a global scale.
Startups in the program will receive up to $150,000 in cloud credits each, providing them with access to Huawei Cloud’s extensive global ecosystem spanning 177 countries. With over 50 hubs worldwide, startups will have the opportunity to connect with potential clients and investors, driving their businesses to new heights.
Hugo Hu, Director of Huawei Cloud Nigeria, emphasized the company’s commitment to supporting the Nigerian startup ecosystem. Huawei Cloud plans to reduce the cost of cloud services by 40% for startups in Nigeria, making it more accessible and affordable for aspiring entrepreneurs.
This initiative aligns with Huawei Cloud’s goal to onboard 10,000 startups globally by 2025. With the launch of a local cloud in Nigeria in 2024, Huawei Cloud is poised to play a pivotal role in Nigeria’s digital transformation journey, offering startups the resources and support they need to thrive in an increasingly digital world.