MICROSOFT TO SHUT DOWN LAGOS CENTRE, OVER 200 JOBS AT RISK
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Microsoft, a multinational technology company with headquarters in the United States, has thought about shutting down the African Development Center in Lagos, Nigeria.
Microsoft’s ADC is situated in Lagos’ affluent Ikoyi neighborhood, which serves as the business hub of Nigeria, the largest economy in Africa.
Microsoft reportedly informed its employees on Monday that it would be closing its African Development Center in Lagos without providing an explanation.
According to an insider who spoke to The Guardian Newspaper, the impacted workers would continue to be covered by health insurance and receive wage payments through June.
While the exact reasons behind the decision remain ambiguous, sources suggest Nigeria’s worsening economic conditions may have adversely impacted the decision.
According to the report, the closure appears to affect only the ADC’s West Africa operations in Nigeria but not its East Africa facility in Nairobi, Kenya.
Meanwhile, an unnamed source within Microsoft’s Lagos office neither confirmed nor refuted the closure when approached by the newspaper.
Microsoft launched its $100 million African Development Centers initiative in 2019, establishing facilities in both Lagos and Nairobi.
Nigeria’s Microsoft ADC hired more than 120 engineers when it was unveiled in 2022, growing to more than 200 staff members in total.
In 2019, the company aimed to recruit 100 full-time engineers by the end of the year and 500 engineers by the end of 2023. Microsoft is betting on African innovation in fields like fintech, agritech and off-grid energy and hopes to tap into them.
“The ADC will be unlike any other existing investment on the continent. It will help us better listen to our customers, develop locally and scale for global impact,” Microsoft executive vice president Phil Spencer said in Nairobi.
“Beyond that, it’s an opportunity to engage further with African partners, academia, governments and developers – driving impact and innovation in sectors important to Africa.”
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