(Ecofin Agency) - Nigeria is one of the main telecom markets in Africa. The significant growth it recorded in recent years attracted significant foreign investments.   

Canadian smart off-grid company Clear Blue Technologies International announced Thursday (July 7) its expansion into the Nigerian market. According to its release, the expansion is made “to better capitalize on this market and support these growth initiatives locally.”

For its expansion, Clear Blue will establish a new subsidiary and local office in Lagos. The new office will develop sales and business as well as manage customer relationships. In addition, it will ensure smoother installations, as well as faster and low-cost deliveries thanks to a local warehousing system.

Clear Blue's expansion in Nigeria is part of the company's global growth ambitions. It comes against a backdrop of strong growth in the Nigerian telecom sector, particularly due to the increasing demand for high-speed Internet connectivity and the accelerating digital transformation. To meet this demand, telecom operators are investing in reliable off-grid power systems for their large-scale infrastructure projects.

“With our office in Kenya to the east and now Nigeria to the west, we are committed to the African market, and our growth in the region. We can now better support our growing operations in Africa and are thrilled to have local representation. We are truly the first choice for powering African telecom and we are excited for our future in Nigeria,” it writes. 

Last April, the off-grid company signed a partnership agreement with satellite telecom services operator Viasat to deploy power solutions at five "Community Internet" sites in Nigeria. It also signed similar agreements with companies like TahClick, iSAT, and Avanti in other parts of Africa.  

Isaac K. Kassouwi