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Lumos secures $75 Million Grant to Power 1 Million Nigerian Homes by 2025, MainOne Submarine Cable Finally Live in Cote’d ‘Ivore and More

Tech Gist Africa by Tech Gist Africa
12/03/2019
in Africa, Africa News, Big 5 Daily, News, The Big 5
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Lumos secures $75 Million Grant to Power 1 Million Nigerian Homes by 2025, MainOne Submarine Cable Finally Live in Cote’d ‘Ivore and More

The Big 5

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Hi guys!

It’s the Big 5 Daily! Your one-stop-shop for African innovative gist!

Are you ready?

Enjoy!

Big news! Dutch-based off-grid solar power company ‘Lumos Global’, has secured a $75 million grant from the Federal Government of Nigeria. They will leverage the funds to power about one million Nigerian homes by 2025.

Next on the Big 5, world-class network& internet solutions provider, MainOne has announced that its submarine cable is live and ready for service in Cote d’Ivoire. The company plans to provide skills that will scale infrastructure sharing and reduce the cost of broadband services to the region.

There is also news that South Africa’s Competition Commission has given service providers in the country an ultimatum to reduce excessive data prices. The providers have two months to reduce the price of face prosecution.

Also, Nigeria has renewed its agreement with the British government to develop a six-year Broadband development plan. The plan is expected to boost broadband penetration levels between 65% to 66%.

Finally, the Next Einstein Forum (NEF) and the Co-Creation Hub (CcHUB) have called for the Sciencepreneur Investor Meetup submission. The competition aims to support African science-driven entrepreneurs and they stand to win up to $25,000. Interested? Click here

Thanks for joining!

See you next time!

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Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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