Business
Firm Unveils First Phase Of 100MW Data Centre
Kasi Cloud has commissioned the first phase of its planned 100-megawatt AI-ready hyperscale data centre campus in Lekki, Lagos, marking one of Nigeria’s most ambitious investments yet in digital infrastructure and local compute capacity.
The company said the facility is designed to support artificial intelligence workloads, cloud computing, enterprise storage and high-density digital services at a time when global demand for AI infrastructure is accelerating rapidly.
The project, estimated to cost about $250m, broke ground in April 2022, while major construction work began in the second quarter of 2023. The commissioning marks the first operational deployment within the broader campus, which Kasi Cloud plans to scale over time into a 100MW data infrastructure ecosystem.
Nigeria currently has about 17 operational data centres, according to industry estimates, with most facilities operating below 25MW capacity. Kasi Cloud said the Lekki campus is intended to significantly expand the country’s compute footprint and reduce dependence on foreign-hosted infrastructure.
Founder and Chief Executive Officer Johnson Agogbua said the project is intended to help reverse Africa’s dependence on foreign digital infrastructure by creating local capacity capable of supporting the next generation of AI-driven applications.
“What we’re most proud of is the role that our people and our team have played,” Agogbua said during a media briefing at the facility in Lagos on Saturday. “Almost every other data centre built here was designed by others for us. Kasi is Nigeria proper. Africa proper.”
The company said the first deployment includes a 5.5-megawatt data hall and a 7.5-megawatt ecosystem floor designed to accommodate local and international businesses requiring colocation, cloud hosting, storage and networking services.
According to Agogbua, the ecosystem floor is intended to allow customers to lease infrastructure ranging from a single server node to an entire aisle of racks, depending on operational requirements.
“It’s an opportunity for our international partners, local partners and local businesses to take up anything between a single node and a rack to a full aisle of IT workloads,” he said.
Global Director, Marketing and Sales Operations at Kasi Cloud, Ngozika Agogbua, said the project sits at the intersection of technology, economics and geopolitics at a time Africa is increasingly seeking greater control over its digital future.
“Africa has become one of the fastest-growing digital markets in the world,” she said during a press conference in Lagos on Saturday. Yet when it comes to artificial intelligence, the continent still operates with less than one per cent of global compute capacity, relying almost entirely on infrastructure located outside its borders.”
According to her, the dependence on overseas infrastructure means African businesses continue exporting critical data and economic value whenever they run AI workloads.
“Every time an African business runs an AI workload, the data travels to a server in Europe or America,” she said. “The economic and strategic cost of that dependency is enormous and largely invisible.”
Agogbua described the Lagos campus as part of what could become a structural shift in Africa’s digital economy, comparing the moment to the expansion of subsea cable systems and mobile telecommunications networks that transformed connectivity across the continent over the past two decades.
“We believe this is less a company launch and more a structural turning point,” she said.
The company argued that large-scale local compute infrastructure is becoming increasingly important as governments, financial institutions, startups and enterprises across Africa accelerate adoption of AI-enabled systems and cloud-based services.
The company said the facility is also being designed to support certain GPU-intensive workloads required for AI computing while providing a carrier-neutral interconnection hub linking telecommunications operators and international submarine cable providers.
Agogbua said the upper floors of the campus are specifically designed for wholesale and hyperscale cloud providers such as Amazon Web Services, Google and Microsoft seeking expansion capacity in West Africa.
“Players like AWS, Google and Microsoft find it difficult to enter new markets and build at scale,” he said. “We have both the power and the space they need to expand.”
The company disclosed that the campus has a dedicated 132-kilovolt substation capable of scaling deployments to approximately 100 megawatts of IT load, positioning it among the largest planned AI-ready compute facilities in the region.
Agogbua repeatedly emphasised the distinction between total power infrastructure and “critical load”, the electricity directly delivered to computing systems, storage infrastructure and networking equipment.
“When we say critical load, we mean the things that go to computers, routers and storage devices,” he said.
According to him, each floor of the facility is capable of supporting approximately eight megawatts of critical load, while a single building on the campus could ultimately scale to more than 30 megawatts.
“That’s bigger than power delivered to some small cities in Nigeria,” he said.
He argued that Nigeria’s ability to compete in the digital economy will increasingly depend on whether the country can develop infrastructure capable of supporting AI systems locally.
“If we’re going to really embrace digital and employ AI-related systems to leapfrog into modernity, we need facilities of this scale,” he said.
Agogbua said Nigeria missed earlier phases of industrialisation but could still leapfrog economically through rapid adoption of modern digital infrastructure and AI technologies.
“We can digitise early, apply modern tech and leapfrog into it,” he said. “It requires facilities of this scale. It requires deployment of this scale.”
He also urged policymakers to create conditions that encourage international technology companies to establish local operations while ensuring Nigerian talent participates directly in the ecosystem.
“Make it easy for them to enter,” he said. “But require them to have us working on it. That’s how we get training.”
A major theme throughout the briefing was data sovereignty and concerns that Africa risks remaining dependent on foreign-owned AI systems if local compute infrastructure is not developed.
Agogbua argued that African languages, culture, commerce and historical records may become under-represented in future AI models if the continent does not build domestic infrastructure and local AI ecosystems.
“Will the brain that will run the future be on our soil?” he asked. “Or are we going to be renting it?”
He said AI systems shaping future digital experiences should increasingly be developed and operated within African cities rather than entirely from technology hubs in North America, Europe or Asia.
“If those coding the model reside in San Francisco, Munich or Shanghai and documenting our language and culture, we’ll be lost,” he said. “They should be in Yaba, Abuja, Enugu, Kano, and all of our cities.”
Agogbua said the company established an internal training initiative known as Kasi Academy to develop local engineering talent capable of supporting advanced digital infrastructure projects.
“When people asked how we would replicate world-class execution, we said we would grow them,” he said.
According to him, many of the engineers working on the project were trained internally through the academy, with Nigerian teams directly involved in designing and deploying key systems across the facility.
“The final design, the final rendering, is done here,” he said.
While acknowledging that some equipment and specialised manufacturing capabilities still need to be sourced internationally, he maintained that Africa already possesses the technical talent needed to build sophisticated infrastructure locally.
Beyond enterprise cloud infrastructure, Agogbua linked AI deployment to broader economic transformation across Nigeria’s informal economy, including retail markets, healthcare delivery, logistics and inventory management.
“Go to the market and watch what’s going on,” he said. “Their ledger is on worn-out paper. Their inventory is in their brain. All those are opportunities.”
According to him, AI-enabled systems supported by local infrastructure could help small businesses automate inventory management, improve forecasting and strengthen supply chains.
“That’s the opportunity for our boys and girls,” he said. “But infrastructure for it must be accessible to them.”
Business
Sugar Industry Key To Addressing Unemployment, Insecurity — NSDC Boss
The Executive Secretary/CEO of the National Sugar Development Council, NSDC, Mr. Kamar Bakrin, has said that developing Nigeria’s sugar industry could significantly address unemployment, insecurity and rural community underdevelopment by creating massive jobs and attracting investments to rural communities.
Bakrin stated this during a strategic meeting between the NSDC and the Nigeria Customs Service, NCS, at the Customs Headquarters in Abuja.
Speaking to the Comptroller-General of Customs, Mr. Bashir Adewale Adeniyi, and senior officials, Bakrin said a fully-developed sugar sector could transform the over $1 billion spent annually on sugar imports into domestic investments, jobs and industrial growth.
According to him, the industry has the potential to create about 250,000 direct jobs and another 750,000 indirect jobs across the sugar value chain in about 12 states.
“The beauty of it is that these are rural jobs, not city jobs. When you have sugar projects, you don’t have unrest or security challenges because you create opportunities for the youths,” he stated.
Bakrin also highlighted the energy potential of sugar estates, explaining that modern sugar projects generate their own electricity independently of the national grid while contributing excess power to the country.
“A sugar estate consumes only about 50 percent of the energy it produces, while the rest can be injected into the national grid. We are talking about 400 megawatts, enough to power a small modern city,” he said.
He noted that Nigeria has over one million hectares of suitable land for sugar cultivation, adding that only about 200,000 hectares would be required for the country to attain sugar self-sufficiency.
Responding, the Comptroller-General of Customs, Adeniyi, assured the NSDC of the Service’s support for the sugar sector transformation agenda.
Business
NPA Announces Arrival Of Nine Ships At Lagos Ports
No fewer than nine vessels have berthed at the Lekki, Tin-Can Island, and Apapa ports in Lagos State, awaiting clearance to discharge petroleum products including Premium Motor Spirit (petrol), aviation fuel, diesel, gasoline, and bulk fertiliser.
This was contained in the Nigerian Ports Authority, NPA, publication, Shipping Position, which provides updates on maritime activities across the country’s seaports.
According to the report, the vessels form part of a larger schedule of maritime traffic expected to arrive at the Apapa, Lekki, and Tin-Can Island ports between May 15 and May 22.
The NPA further disclosed that about 35 additional ships carrying various categories of cargo are projected to berth within the period under review.
The incoming vessels are laden with a wide range of commodities, including buckwheat, containerised goods, fresh fish, crude oil, bulk wheat, petrol, base oil, frozen fish, bitumen, bulk sugar, bulk gypsum, bulk salt, gasoline, diesel, and other general cargo.
Business
BREAKING: Petrol Price Drops At Depots Nationwide; New Rates Emerge
The price of petrol at various private depots across Nigeria recorded marginal declines in a few markets in the week.
Data revealed that Premium Motor Spirit (PMS) in private depots in Lagos were mostly between N1,278 and N1,280/ litre.
Prices at the integrated, Ascon and Bono depot decreased from and to N1,278/litre. A.A Rano depot recorded a decrease from N1,285 to N1,280/ litre while Aiteo maintained a steady price of N1,280/litre.
Petroluemprice.ng reports that the Automotive Gas Oil (AGO), commonly known as diesel, market also witnessed a decline at most depots as sellers reduced their prices on softer demand. Rain Oil cut prices from N1,890 to N1,815/ litre. Menj recorded a drop from N1,900 to N1,815/litre, while Aipec and Integrated reduced prices from N1,890 to N1,815/ litre.
In Warri, petrol prices moved higher during the week, making the city one of the most expensive locations to buy PMS. Prices at Matrix moved from N1,285 to N1,293 per litre, Nepal from N1,280 to N1,295, while Parker moved prices upward from N1,280 to N1,292 per litre.
Warri depot, despite having the highest petrol prices in the country, had the sharpest drops in the cost of diesel nationwide.
Depots like Rain Oil announced a cut on AGO from N1,950 to N1,815 per litre- a N135 drop, while First Fortune dropped by N74 from N1,888 to N1,814 per litre. However, Dammarna and Prudent moved their prices downwards to about N1,815/ litre.
In the Port Harcourt region, PMS had marginal declines, with the master depot dropping prices by N5 from N1,305 to N1,300 per litre while Liquid Bulk and TSL maintained a constant price at N1,300 per litre.
Diesel prices also dropped to N1,865 per litre in the Port Harcourt depot. Matrix and Sigmund had prices of N1,910 to N1,865 per litre. In Calabar, petrol price at Sobaz depot moved from N1,287 to N1,295/ litre, while Fynefield recorded an increase of N4 per litre from N1,290 to N1,294 per litre during the week.
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