Tizeti Aims For Internet Growth, Pledges $ 5 Million For ISPs On The Continent | The Guardian Nigeria News
Internet service provider Tizeti has pledged to support Nigeria and other African startup ISPs with a $ 5 million venture capital fund to expand internet access across the continent.
Co-founder / CEO Tizeti Kendall Ananyi said at his annual NeXTGEN conference in Lagos. He said the initiative was developed to promote digital interaction and make transformation more transparent in the wake of the disruption of the global COVID-19 pandemic.
Ananyi noted that despite the 22% growth in internet use in Nigeria, the market is still huge with plenty of opportunities for startups willing to operate in this space.
The forum attracted speakers including Co-Founder and CEO, Kudi, Yinka Adewale, Co-Founder / CEO, Aella App, Akin Jones, CEO, Reliance Health, Dr Femi Kuti, Country CEO ( Nokia Nigeria), Eniola Campbell and Deputy General Manager Nigeria Sales for MainOne, Olubunmi Ogun.
Ananyi said, “The global pandemic has accelerated the need for faster, more intuitive and easier to understand technology, regardless of the peculiarities of its users. Many people have not been able to quickly adapt to the new normal of work, to connect remotely with family and colleagues and to virtually access various educational, professional, entertainment and other services.
“Many companies have taken an unnecessarily long time to adjust to the constraints imposed by the pandemic, which has resulted in reduced productivity, inefficient transformation and lost revenue. Technology is only useful when it creates solutions to problems and we believe that as the leader of the digital space in West Africa we have a role to play in building the technological platforms that will allow our user base to be agile and relevant in the years to come. We saw the transition from everything physical to the work from home model overnight and knew we needed to help people and businesses change the way they work and play.
He said the company unveiled new connectivity offerings to expand the broadband envelope in Nigeria with robust internet plans, expand coverage in Nigeria and focus on accelerating internet availability across the country. Africa with a new venture capital fund. The innovation will also help provide a simpler and more practical technological offering with intelligent customer service operation and integrated customer relationship management systems.
“We have launched a new voice and data service for residential, small, medium and business organizations in Nigeria. The Turbo 100 Mbps Unlimited Internet Plans in Lagos will guarantee 100 Mbps Unlimited plans that are 50 times faster than existing plans in the market, with a three-month free pilot for the first 100 registrations in the Lekki area.
According to him, Tizeti is passionate about empowering more Nigerians, stimulating economic activities and providing unlimited access to affordable and reliable broadband services by expanding the broadband envelope to 10 new cities in Nigeria.
For his part, the company’s chief operating officer, Ifeanyi Okonkwo, said that it would take advantage of the proprietary operating system (OS technology), global partnerships with equipment suppliers, cable companies under -marines, payment providers and venture capitalists to provide the necessary resources for the start-up ISP to accelerate the availability of unlimited internet across the continent.