Clouds2Africa Positions Itself as Compliance Partner for Nigeria’s New Data Rules

Clouds2Africa, the locally hosted cloud platform operated by TelCables Nigeria and powered by Angola Cables, says it is fully compliant with Nigeria’s upcoming Central Bank of Nigeria (CBN) data localisation directive and is positioned to support financial institutions as they prepare for the transition. The CBN has mandated that all banks, fintechs and payment service providers store payment transaction data generated within Nigeria on local servers. The directive, contained in a circular dated