Nigerians are building affordable alternatives to AWS and Google Cloud
Nigerian entrepreneur Fara Ashiru built her fintech platform, Okra, on Amazon Web Services in 2020. She would pay AWS in dollars even as Okra earned in naira because American cloud providers did not accept payments in local currency at the time.
The bills were staggering. … This model was unsustainable.
The payments to AWS gradually skyrocketed as the naira depreciated around 70% against the dollar between 2020 and 2024. “The bills were staggering,” Ashiru told Rest of World. “Combine that with ...
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