It is no more news that US-based social media company Twitter Inc has concluded plans to establish a presence on the African continent in line with its growth strategy. Recall, that Twitter’s founder and CEO, Jack Dorsey, visited Nigeria, Ghana, Ethiopia, and South Africa in 2019 in anticipation of this major expansion and growth strategy. Sadly, to Nigeria and Nigerians, Ghana was announced to host Twitter’s first Africa office.
According to an online survey, 39.6 million Nigerians have Twitter accounts, which is more than the entire 32 million population of Ghana. It is on record that Ghana has just about eight million social media users.
Nigeria therefore needs to do more to attract investments into the country, because this is one of the ways to improve the economy, create more employment and engage some of the teeming youth gainfully in the country. Clearly, by demographics, the population of Nigeria is dominated by youths who are technologically savvy and full of energy, so good opportunities are available through FDIs.By the way, there is a move by Facebook to have a second office in Lagos before the end of 2021.
Historically, Nigeria is one of the countries in Africa with vast demand for goods and services in form of FDIs, sitting in third place behind Egypt and Ethiopia according to the United Nations Conference on Trade and Development 2019 World Investment Report. However, Nigeria needs to further improve on this or at least maintain the position by handling and tackling the myriad of challenges in the country as quickly as possible.
Government and policy makers need to further initiate various policies and incentives to attract FDI inflows into the country as the competition for FDI intensify on the continent. More so the government needs to improve on policies and laws to promote private sector involvement in the economic growth of the country particularly the SMEs, startups, financial technology , software and telecoms companies because they are essential in today’s business world.
Hong Kong died after they trusted Twitter. Ghana will too if they don’t use their fucking brain. its like we dont Learn from history, greed drives our every action, enough money is never enough we must have more lol Money, money, until you get colonized again, and enslaved again
And instead of always looking for investment and loans so as to stay afloat, how about doing the fucking work ourselves? It's a new age, wake up or you get left behind. Some investment is needed, but investment is not what yields results, work is.
Twitter is in africa purely to support authoritarian & ultra corrupted governments at exploiting Africans They've done it in asia, and they will try it in africa. it is profitable for new media to support nazis and communist mentality, just like pre WW2.
Twitter is just a 2 faced media company. It’s not an investment. They are here to exploit. They left Nigeria alone because we would tear them apart, & hack them to bits. the Ghanaians are still very slow & non violent: lol Twitter will find it much easier to exploit them. Lol
Twitter is just an 2 faced media company. It’s not an investment. They are here to exploit. They left Nigeria alone because we would tear them apart, and hack themto bits. the Ghanaians at still very slow... and non violent Twitter will find it much easier to exploit them. Lol
Twitter is just a media company. It’s not an investment. They are here to exploit. They left Nigeria because we would tear them apart, and hack themto bits. the Ghanaians at still very slow... and non violent Twitter will find it much easier to exploit them. Lol