Telecom

Digital Service Provider Hayo Sets Up Operations in Cameroon and Niger

Digital Service Provider Hayo Sets Up Operations in Cameroon and Niger
Thursday, 03 October 2024 19:44

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

On the same topic
Gambia’s Gamtel signs $50 million PPP to modernise internet backbone Project boosts core network capacity from 50 Gbps to 800...
Kenya plans National Cybersecurity Agency to coordinate response to digital threats Cabinet backs proposal, parliamentary approval expected after...
Chad discusses Huawei partnership to advance Tchad Connexion 2030 strategy Talks target telecom expansion, connectivity access and public service...
Burkina Faso doubles digital ministry 2026 budget to 61 billion CFA francs Funds target fiber rollout, white-zone coverage and public service...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
03

Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...

Silver surges 155% in 2025, outlook mixed for 2026
04

US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and inve...

Nigeria: U.S. Military Intervention in Sokoto, a New Test for the Country’s Financial Credibility
05

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.