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Home » How MTN is Reclaiming Nigeria’s Cloud and $850 Million Capital Flight Along with It

How MTN is Reclaiming Nigeria’s Cloud and $850 Million Capital Flight Along with It

Joan Aimuengheuwa by Joan Aimuengheuwa
July 18, 2025
in Telecoms
Reading Time: 2 mins read
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MTN to Launch Dabenwa Data Centre and 'MTN Cloud'

Source: MTN

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For years, Nigeria’s digital economy has quietly bled money, nearly $850 million annually, to global tech giants like Amazon, Microsoft, and Google.

This outflow, largely tied to cloud computing services, has flown under the radar for most people. But at an exclusive media briefing on Monday, June 30, that changed.

At the heart of the revelation was Lynda Saint-Nwafor, chief enterprise business officer at MTN Nigeria, who pulled back the curtain on a quiet revolution: the launch of MTN Cloud and the Dabengwa Data Centre, a 4.5MW facility designed to become Nigeria’s digital stronghold.

“When you go to Amazon Web Services or Google Cloud, you can log in and build your entire environment yourself, from anywhere in the world,” she began. “Until now, Nigerian developers couldn’t do that here. But that’s about to change.”

What MTN has built is more than just another tech product, it’s a self-orchestration cloud platform, tailored for Nigeria and built in Nigeria, enabling developers, startups, government agencies, and large enterprises to manage their compute and storage resources locally and independently at cloud.mtn.com.

The implications? Massive.

Back in 2023, when undersea cable disruptions crippled businesses across West Africa, many Nigerian financial institutions were brought to a standstill.

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Their data, hosted abroad, was unreachable. With MTN Cloud, that risk becomes avoidable.

“We’ve built something local, resilient, and protected,” Saint-Nwafor said. “No more waiting on cables from Europe. No more service disruptions from data hosted across the world. MTN Cloud ensures that business continues, no matter what.”

Built for Nigeria. Priced in Naira

MTN Cloud isn’t just accessible, it’s affordable. Running on a pay-as-you-use model and priced in naira, the platform also offers advanced tools like automated APIs, role-based access controls, and real-time orchestration, the same features you’d expect from any global cloud provider.

But perhaps more importantly, it keeps Nigeria’s data, and its money, at home.

“Every year, hyperscalers take between $600 to $850 million out of Nigeria. That doesn’t need to happen anymore,” Saint-Nwafor said. “MTN Cloud gives you the same experience, and in many cases, more.”

This move positions MTN not just as a telecommunications provider, but as a key architect of Africa’s digital independence.

At a time when data sovereignty, infrastructure resilience, and cloud security have never been more urgent, MTN is planting a flag in the ground and saying: Nigeria is ready.

MTN Cloud isn’t just a new product. It’s a national milestone, a bold step toward keeping Nigeria’s data, talent, and economic value exactly where it belongs.

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Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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