Telecom

Oraimo to build mobile technology factory in Nigeria

Oraimo to build mobile technology factory in Nigeria
Friday, 10 June 2022 18:11

Nigeria is one of the largest telecom markets in Africa, with over 201 million subscribers by April 2022. It is, therefore, an attractive market for mobile phones and accessory manufacturers. 

Smartphone accessory manufacturer Oraimo Mobile Technology has announced plans to build a large mobile technology factory in Nigeria. The venture was revealed by Oraimo Managing Director Chidi Okonkwo, during the inauguration of the manufacturer’s flagship store and customer experience center at Jabi Lake Mall in Abuja city.

Baptized "The Green World," the flagship store is intended to be a retail outlet for all quality mobile accessories. During the inauguration, Okonkwo emphasized the company's commitment to quality, sustainable and affordable products. “Nigeria has come of age with a teeming population of tech-savvy young professionals and educated youths that can accommodate the siting of the largest mobile technologies production factory in Africa,” he said. 

Speaking during the event, Emeka Offor, Acting Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), commended Oraimo’s contribution to economic growth and the development of human capital. “It is high time we stopped the importation of commodities into Nigeria. The time has come for production to be predominant in Nigeria, and from here, we will export to other African nations and the entire world,” he said. 

The future plant is announced in a context marked by substantial government efforts to attract investments from major digital industry players and drive technology development in line with the country’s 2022-2025 Digital Development Strategy. Last April, the Nigerian Senate passed a bill creating a national industrial and technology park. 

Isaac K. Kassouwi

On the same topic
Djezzy expands 5G coverage to 18 Algerian provinces Operator says 5G offers speeds ten times faster than 4G Rollout targets rising demand for...
Lumitel signs $10 million deal to expand rural broadband World Bank, Lumitel fund 2G, 4G rollout in 86 hills Project targets 400,000...
The GSMA is urging faster deployment of standalone 5G networks to unlock industrial and enterprise use cases. The industry is pushing for broader,...
Vodafone expands Amazon LEO satellite partnership in Africa Satellites to backhaul mobile base stations to core network Move targets rural...
Most Read
01

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
02

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
03

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
04

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
05

BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...

BOAD Defends Sovereign Bond Purchases as Liquidity Management, Not Budget Support
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.