In emerging markets like Africa, digital infrastructure and services are critical for business innovation and job creation. Expanding into these markets helps address infrastructure gaps while enhancing the region’s digital ecosystem.
Digital solutions provider Hayo announced, on October 1, it has expanded its operations by opening new offices in Yaoundé, Cameroon, and Niamey, Niger. The expansion aims to enhance on-the-ground support and expertise to meet increasing local and regional demand for its digital services.
Feraz Ahmed, Hayo CEO, emphasized the growing demand for digital services such as voice, messaging, IoT, and cloud communications in these regions. “Opening these new offices is a key milestone in our mission to bring on-the-ground innovation and advanced digital solutions to emerging markets which are often underserved and overlooked,” he said.
Hayo supports governments, enterprises, service providers, and over 100 mobile operators across 30 countries in Africa and the Middle East. Its portfolio also includes digital currencies, taxation systems, and infrastructure projects.
The investment aligns with global trends, as businesses and governments alike accelerate their adoption of digital tools to foster economic development and innovation.
The World Bank's 2024 report, Digital Transformation Drives Development in Africa, highlights a 115% rise in internet users across sub-Saharan Africa between 2016 and 2021. Additionally, over 160 million Africans gained broadband access between 2019 and 2022. This growth underscores the increasing demand for digital connectivity, crucial for fostering economic development and innovation in the region.
However, despite this progress, many regions still face significant challenges, such as limited access to affordable connectivity and underdeveloped digital infrastructure. These gaps create substantial opportunities for companies like Hayo to provide much-needed digital solutions, especially as demand grows for services like IoT, cloud communications, and mobile services
Hikmatu Bilali
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
South Africa expects a 3.1% decline in corn output to 16.13 million tons in 2025/26. The drop comes despite a 4.6% increase in planted area, due to...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania. The funding will support local...
Nigeria extends raw shea nut export ban to 2027 Move aims to boost domestic processing, value-added exports Nigeria produces 40% of shea,...
Gabon launched a CFA85 billion ($153 million) bond on the Cemac market, offering 6% over three years and 6.5% over four years. The issuance...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...