Business Computer Warehouse Plans Nigeria Fundraising by 2015 - Bloomberg

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Computer Warehouse Group Plc (CWG), a Nigerian technology company, will seek to raise capital on the country’s stock exchange within 18 months after listing existing stock last week.

CWG needs extra funding to refocus the business toward cloud computing from hardware and software, Chief Executive Officer Austin Okere, 49, said in an interview yesterday at the company’s head office in Lagos, Nigeria’s commercial capital. CWG’s goal is to become the biggest cloud-computing provider in Africa by 2015, he said.

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Source: Bloomberg
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