MICROSOFT ADDRESSES LAGOS ADC CLOSURE
Microsoft has issued its first statement regarding the shutdown of the six-year-old Microsoft Africa Development Centre (ADC) West Africa located on Lagos Nigeria.
What Happened:
- Microsoft announced plans to close the engineering and communications operations of its Africa Development Center (ADC) in Lagos, Nigeria.
- This comes as a surprise to employees, especially considering recent promises of investment from Microsoft’s founder.
- Affected employees will reportedly receive salaries until June and retain health insurance coverage.
- Microsoft assures continued operations in Nigeria and commitment to regional growth areas.
Why it Matters:
- This decision raises questions about Microsoft’s long-term strategy for Africa’s tech talent pool.
- The closure follows a recent trend of tech companies downsizing amid the “AI war.”
- The $100 million ADC initiative aimed to foster innovation in fields like fintech and agritech, potentially impacting those sectors.
- Uncertainty surrounding the Kenya ADC office adds to the overall concern.
Background:
- Launched in 2019, the ADC aimed to recruit hundreds of engineers and partner with universities to develop future-proof tech skills in Africa.
- This closure represents a significant shift from Microsoft’s initial ambitious plans for the ADC.
Unanswered Questions:
- What specific factors led to this decision?
- What will happen to the remaining ADC operations in Lagos?
- How will this impact Microsoft’s overall strategy for African tech talent?
This situation is unfolding, and we’ll keep you updated as more information becomes available.
Source: Techeconomy