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
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...
• The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boosting regional trade and investment• Part of broader...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector could grow to $20 bln annually and create 20 mln...
• IFAD initiates a program worth $358.26 million to bolster dairy sector in Kenya, Rwanda, Tanzania, and Uganda • The program, called DaIMA, aims...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...