NewsBreakNigeria
USD/NGN 1,331.83GBP/NGN 1,761.29USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,489.03JPY/NGN 8.41CAD/NGN 936.06
USD/NGN 1,331.83GBP/NGN 1,761.29USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,489.03JPY/NGN 8.41CAD/NGN 936.06
Tech

Africa’s cheapest smartphones are disappearing as AI demand drives up chip costs

Africa’s smartphone market faces mounting pressure as rising memory chip costs, driven by demand from the artificial intelligence (AI) industry,

Aggregated · originally by BusinessDay
15 Oct 2026, 19:01 WAT · 3 min read
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Africa’s cheapest smartphones are disappearing as AI demand drives up chip costs

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