Mr. Andrew Torre, Regional President, Central and Eastern Europe, Middle East and Africa, Visa Inc., on Friday, said the corporation would establish a data center in Nigeria.
Torre said this during a courtesy visit to Vice-President Kashim Shettima, at the Presidential Villa, Abuja.
Torre said the data center was an addition to the card payment service company’s investments of over 1 billion dollars in the country.
“This includes a substantial technological partnership with MoniePoint to foster digital payment solutions, a 200 million dollar investment in Interswitch.
“And a partnership with ThriveAgric to empower smallholder farmers and enhance food security in Nigeria,” said Torre.
He said the plan to site the data center was aimed at bringing new technologies into the Nigerian market that would bolster the nation’s growing digital economy.
Responding, Shettima assured the team that the partnership between the company and the Nigerian government would continue to grow.
He lauded the company for investing in ThriveAgriculture, noting that President Bola Tinubu is passionate about repositioning the agriculture sector.
According to him, the agricultural sector is one of the prime areas in the administration’s 8-point agenda, “Nigeria is where the action is. Of the ten fintechs in Africa, about eight are in Nigeria, with Moniepoint as the newest addition.
“If we must improve on agriculture, we must embrace modernity, improve agricultural prices, seeds, fertilisation, and technology.
“ThriveAgriculture is a company that focuses on food security, providing up-to-date data to our farmers. And be rest assured that the patronage, the partnership between the government of Nigeria and Visa will only grow by leaps and bounds.”
