Technology
Pantami, Others for Business Metrics Forum on $2.6bn Telecom Capital Flights
By Dipo Olowookere
On Thursday, August 5, 2021, by 10:00 am, stakeholders in the telecommunications industry will gather at a policy forum organised by an online business and tech-focused newspaper, Business Metrics.
The event is part of the platform’s new dialogue platform for stakeholders to drive various policies in the country towards effective implementation tagged Policy Implementation Assisted Forum (PIAFo).
The first series of the event slated for next month is themed National Policy for Promotion of Indigenous Content in the Nigerian Telecommunications Sector and will have the Minister of Communications and Digital Economy, Mr Isa Ali Ibrahim Pantami, in attendance. He is expected to deliver a keynote address at the forum.
Also expected to grace the virtual event is the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta; the Director-General of Nigerian Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi; and the Director-General of the National Office for Technology Acquisition and Promotion, Dr DanAzumi Mohammed Ibrahim.
In addition, the forum will have in attendance members of the Association of Telecommunications Companies of Nigeria (ATCON), the Association of Licensed Telecoms Operators of Nigeria (ALTON), the Nigeria Internet Registration Association (NiRA) and the Institute of Software Practitioners Organisation of Nigeria (iSPON).
According to the convener of the forum, PIAFo is designed in series and targeted at addressing policy implementation failure which is a major challenge in the administration of affairs across the various sectors that have a direct bearing on the socio-economic wellbeing of the country.
The methodology deployed by PIAFo to achieve its goal derives from a multi-stakeholder engagement and dialogue whereby a policy is dissected and all parties from private to public sectors, who have a role to play in execution, are firstly identified and then brought together at the forum to digest the policy and how they key into it.
The first series of the forum, tagged PIAFo-001 is focused on National Policy for Promotion of Indigenous Content in the Nigerian Telecommunications Sectors, one of the latest policies in the Nigerian telecom industry launched recently by President Muhammadu Buhari.

The Managing Editor of Business Metrics and Chairman, Organising Committee, PIAFo-001, Mr Omobayo Azeez, assured that participation of stakeholders across the concerned sector has been secured to chart a way for the effective implementation of the policy which seeks to stem $2.6 billion annual capital flights in telecoms industry by promoting alternative solutions that come with ease of doing business.
According to him, the forthcoming forum combines the criticality of the telecoms sector as an enabler of the economy and that of promotion of local contents which is an economic catalyst to bridge the policy implementation vacuum in Nigeria.
“The general impression expressed by people on a daily basis that Nigeria is good at policy pronouncement but often fails in implementation is about to become a thing of the past. PIAFo is dedicated to stimulating implementation and tracking progress with measurable metrics.
“The policy execution failure that has been experienced over the years is ascribed to many factors such as poor awareness, shallow stakeholders’ engagements, lack of monitoring and poor periodic assessment to track progress.
“To change this narrative, PIAFo is equipped with strategic objectives to serve as a brainstorming platform for policy assimilation; to identify demands of government policies from individual stakeholders involved; to coordinate multi-stakeholder efforts towards achieving policy objectives; to ensure effective policy implementation and to assess implementation level of policies over time,” Mr Azeez said.
To achieve an all-encompassing treatment of the policy, a nexus of topics derived from the theme of the forum would be discussed by managing directors and chief executive officers of MTN Nigeria, Pan African Towers, Globacom Nigeria, VDT Communications, Airtel Nigeria, MainOne Cables, IHS Nigeria Limited and Broadbase Communications Ltd.
Meanwhile, the objectives of the indigenous content promotion policy in focus are to create a framework for supporting indigenous telecom businesses to become world-class service providers; to ensure compliance with existing regulatory guidelines for indigenous content; to highlight and promote indigenous capacities in the telecommunications sector, and to foster collaboration between global Original Equipment Manufacturers (OEMs) engaged in the manufacturing of telecommunications equipment and indigenous players.
Others are to ensure strategic partnerships with relevant regulatory agencies to create joint efforts to promote indigenous content; to enable the indigenous telecom industry to contribute significantly towards the overall development of the telecom industry, and to encourage and incentivise the participation of indigenous telecom institutions in relevant Standards Development Organisations.
Technology
9 African Firms, Others for 2026 AWS Social Entrepreneur Accelerator Cohort
By Modupe Gbadeyanka
Nine African organisations, including Nigeria, will join 33 others from the USA, Australia, India, the UK and others for the fourth Social Entrepreneur Accelerator cohort of Amazon Web Services (AWS).
The companies from Africa chosen for the 2026 edition of this programme are from Nigeria, Kenya, Ghana, South Africa, Cameroon and Tanzania.
These founders are using cloud and AI technology to solve skills shortages, youth unemployment and food security. Building from the ground up, they are creating African solutions for African challenges.
Nigeria leads the selection with three organisations, namely Sabi Scholar, Kayode Alabi Leadership and Wetech Incorporated.
The chief executive of Sabi Scholar, Mr Divine Iloh, said he is creating an “operating system” for African higher education, enabling any university to launch online degrees in 30 days, a potential game-changer for the continent’s 200M+ youth population.
For Kayode Alabi Leadership, the founder, Hammed Kayode Alabi, is reducing inequalities by empowering underserved young people to lead and innovate through transformative education and technology-driven solutions to solve local challenges and thrive as community changemakers.
As for Wetech Incorporated, established by Gabriella Uwadiegwu, it is building Africa’s largest pipeline of women in technology, from training to mentorship to direct employment pathways.
Kenya follows with two organisations, KuzeKuze and STEM Centre Africa. According to the CTO of KuzeKuze, Enock Sangaka Mong’are, the organisation is building “education passports,” as digital records that follow learners throughout their lives, making personalised education measurable and scalable.
While STEM Centre Africa, a non-profit launched in 2017 by two brothers, Dancun, the CTO and Denish Akoum, the CEO, to promote hands-on STEM education, including coding, robotics and 3D design, reaching over 18,000 + students since inception, with 90 per cent gaining proficiency in Python, Scratch and electronics. Operating two centres in Homa Bay County with 10 organisational partners, SCA aims to reach 100,000 learners by 2030.
The remaining four spots are shared by Ghana, South Africa, Cameroon and Tanzania.
In Ghana, BASICS International, founded by CEO Patricia Wilkins, is breaking cycles of poverty by providing education, certified digital skills training and holistic support to underserved children and youth, equipping them to thrive academically, economically and socially.
For South Africa, FunHouse Digital, founded by Ayabulela Yokwana, is turning gaming lounges into self-sustaining education hubs in rural communities – profits from gaming directly fund free coding and digital literacy programs.
In Cameroon, EduCloud, founded by Rosius Ndimofor Ateh, delivers hands-on Cloud and AI workshops across Africa, bridging the gap between academic theory and industry-ready skills.
From Tanzania is Fiqra Academy, founded by CEO Gerald Revocatus. The firm is creating a direct pipeline from digital skills training to employment for East African youth, with certifications that lead to real careers through their digital learning platform.
In collaboration with Deloitte, the accelerator provides technical training, strategic business planning, and ongoing AWS and Deloitte support to help mission-driven organisations scale.
Since 2023, the programme has supported more than 100 social entrepreneurs across 34 countries, bringing together a global community of social entrepreneurs who are working to address some of the world’s most urgent challenges across education, health and climate resilience.
“Africa’s representation in this cohort reflects what we’re seeing across the continent: a generation of founders who don’t wait for conditions to be perfect. They build anyway.
“Our role is to ensure they have access to the same world-class cloud and AI technology as any startup in Silicon Valley and the support to scale impact across borders,” the General Manager for Sub-Saharan Africa at AWS, Jyoti Ball, stated.
Technology
Telco Ownership Changes Above 10% Now Subject to NCC Approval
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new regulatory requirement mandating prior approval for significant changes in the ownership structure of telecommunications companies operating in Nigeria.
This was contained in a statement jointly signed by the Director of Public Affairs at the NCC, Mrs Nnenna Ukoha and Head of Public Affairs at the Corporate Affairs Commission, Mr Rasheed Mahe.
According to a joint press release issued by the two agencies, the directive, which takes immediate effect, requires all licensed telecom operators seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to first obtain a Letter of No Objection from the NCC before such transactions can be registered by the CAC.
The statement reads in part, “The directive, which takes immediate effect, requires all licensed communications companies seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to obtain a Letter of No Objection from the NCC before such transactions can be registered with the CAC.
“The requirement is in line with the provisions of Section 90 of the Nigerian Communications Act 2003, Regulation 28(2) of the Competition Practices Regulations 2007, and Regulation 42 of the Licensing Regulations 2019, which empower the NCC to monitor transactions involving licensees and ensure fair competition within the sector.
“Under the new arrangement, the CAC will only process and register requests for changes in shareholding structures of telecommunications companies where the transaction involves 10 per cent or more of the company’s shares and is accompanied by evidence of prior approval from the NCC.
“According to the two regulatory agencies, the measure is aimed at strengthening oversight of significant ownership changes, preventing anti-competitive practices, and preserving a fair and competitive communications market. It is also expected to enhance transparency, boost investor confidence, provide greater regulatory certainty, and support the long-term stability and sustainability of Nigeria’s telecommunications industry.
The NCC and CAC reaffirmed their commitment to fostering a transparent, stable, and investor-friendly business environment. Both agencies pledged continued collaboration to promote fair market practices, strengthen regulatory compliance, and ensure the orderly development of Nigeria’s communications sector.”
Technology
Rising Cyber Threats Could Undermine Business Sustainability, Profitability—ISSAN
By Modupe Gbadeyanka
The relevant stakeholders have been urged to take urgent action to curb the rising sophistication of cyber threats, which could undermine business sustainability and profitability.
This call was made by the Information Security Society of Africa – Nigeria (ISSAN) during its monthly meeting held in collaboration with MAXUT Consulting.
The group noted that identity theft, mobile fraud, ransomware, and social engineering attacks are threats to organisations, especially those who may struggle to protect information assets, maintain operational resilience, and address vulnerabilities before they can be exploited.
The president of ISSAN, Mr David Isiavwe, who doubles as the Executive Director for Risk Management at Nova Bank, stressed that cybercriminals are deploying increasingly sophisticated attack methods targeting individuals, businesses, critical national infrastructure, and strategic assets.
Among the threats highlighted were identity theft, Business Email Compromise (BEC), phishing, ransomware, WhatsApp account hijacking, Distributed Denial-of-Service (DDoS) attacks, payment card fraud, cryptocurrency-related attacks, and other forms of social engineering.
According to him, the increasing frequency and sophistication of cyberattacks mean cybersecurity can no longer be viewed solely as an IT issue but as a critical business and national security priority.
To address these challenges, he urged organisations to adopt proactive risk management practices, implement continuous monitoring systems, promptly address vulnerabilities, and invest in regular cybersecurity awareness programmes for employees and customers.
Also, the importance of leveraging emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), and automation to enhance threat detection and response capabilities was emphasised.
“No organisation can successfully confront today’s cyber threats in isolation. Information sharing, collaboration, and collective vigilance remain essential to protecting our digital ecosystem and safeguarding public trust,” the ISSAN leader said at the event, which featured a technical presentation titled, Confronting the New Mobile Threat Landscape: Beyond User Authentication.
ISSAN reaffirmed its commitment to promoting cybersecurity awareness, capacity building, information sharing, and industry collaboration to strengthen Nigeria’s cyber resilience and support a secure digital economy.
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