In a significant move for Nigeria’s rapidly expanding digital services sector, Host Africa, a South African digital infrastructure firm, seeks regulatory approval to acquire Nigerian company GO54, formerly WhoGoHost. While the financial details of the deal remain undisclosed, the acquisition is set to have significant implications for both businesses and Nigerian customers.
The agreement will see Host Africa take control of key assets essential to GO54’s operations, including intellectual property, equipment, contracts, and domains. This acquisition enables Host Africa to expand its services to Nigerian customers, offering web hosting, cloud solutions, and domain registration – all critical components of the country’s growing digital economy.
The deal, carried out through a Sale of Asset Agreement, involves Host Africa transferring all of GO54’s key assets into its portfolio. As part of the acquisition process, Host Africa has established a local subsidiary, Host Africa Nigeria Limited, which was officially registered in October 2024, according to filings with the Corporate Affairs Commission (CAC).
Why is this acquisition important? Host Africa’s entry into Nigeria is a strategic play to tap into the country’s rapidly growing digital services market. With GO54’s history of consistent revenue growth, broad customer base, and strong product offerings, the acquisition presents an ideal opportunity for Host Africa to enhance its regional presence.
With its growing demand for reliable and affordable digital services, the Nigerian market presents vast potential. Host Africa’s move to establish a one-stop shop for digital needs, catering to retail and enterprise clients, aims to make online services more accessible and affordable across the country.
The Federal Competition and Consumer Protection Commission (FCCPC) has approved the acquisition, lauding the deal as a positive development for Nigerian consumers. The FCCPC believes the acquisition will stimulate local tech talent development and accelerate the adoption of online services nationwide, making the digital transition smoother for businesses and individuals.
What This Means for Nigerian Digital Services
With this acquisition, Host Africa is expanding its footprint and positioning itself to drive innovation and competition in Nigeria’s digital landscape. The company’s plans to streamline services across multiple sectors could be pivotal in making digital solutions more accessible to a wide range of customers.
