Telecom
Mastercard Unveils New Podcast That shows How Financial Inclusion is Creating an Equitable Future for All

After announcing its commitment to financially include one billion people into the digital economy by 2025, Mastercard is bringing awareness to some of the world’s most critical issues through an innovative podcast series ‘Journey to One Billion’.

Hosted by award-winning journalist and news anchor Fifi Peters, ‘Journey to One Billion’ features Mastercard experts, business leaders, community champions and entrepreneurs from across the Middle East and Africa (MEA) and around the world, who are working together to build a more inclusive and sustainable digital economy where people and the planet can thrive.
The ‘Journey to One Billion’ podcast charts Mastercard’s ten-year journey to bring 500 million excluded individuals into the digital economy – a goal that was achieved in 2020 – and then raised during the height of the pandemic with a new pledge to include 500 million more – making a total of one billion people by 2025.
Alongside this commitment the company will focus on empowering 50 million small businesses and 25 women entrepreneurs to growth their businesses.
The nine-part series spotlights the innovative partnerships, inspiring stories and technological advancements behind the ambitious goal, and offers solutions and insights around the key building blocks needed to create an inclusive digital economy.
“Financial inclusion is at the heart of Mastercard’s ambition to build a better a more inclusive world for everyone everywhere. In addition to being an impactful medium for storytelling, podcasts help to spark connection and conversation in new and meaningful ways.
Through the insightful stories shared in this podcast, we are looking to build a deeper understanding of the innovations and inspiring partnerships that are driving financial inclusion forward, supporting small businesses and helping to build a more connected and equal world,” said Beatrice Cornacchia, Senior Vice President Marketing and Communications MEA, Mastercard.
In episode one “Building a more inclusive and sustainable digital economy” we hear from Ajay Banga, Mastercard’s Executive Chairman, who took up the role after an 11-year tenure as Mastercard’s CEO. Hear his perspective on the power of the digital economy as a force for good in the world.
In episode two “Unleashing the power of the digital economy in the Middle East and Africa” we hear from Raghu Malhotra, Co-President of International Markets, Mastercard, who is responsible for the growth strategies of more than 200 countries and territories.
Raghu is passionate about financial inclusion and sees it as the pathway to levelling the playing field and creating opportunities for all.
In episode three “Unlocking the female economy and empowering women entrepreneurs” we hear from Ann Cairns, Executive Vice Chair, Mastercard and Sarah Beydoun, Founder and Creative Director of Lebanese fashion house and social enterprise Sarah’s Bag.
In further episodes, the podcast will also look at the impact of environmental sustainability, how Mastercard’s Priceless Planet Coalition is fighting climate change by planting 100 million trees in Kenya, Australia and Brazil. The acceleration of digital transformation, product innovation and marketing all play a part in helping to advance inclusion within the digital economy to ensure an equitable future for all, as subsequent episodes will show.
‘Journey to One Billion’ is available from today on all platforms, including Apple podcasts and Spotify and on the MEA Newsroom here.
Telecom
New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.
The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.
In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.
Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.
Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.
“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.
Telecom
MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

MTN Nigeria, the country’s largest telecommunications operator, recorded a historic surge in network disruptions in 2025, suffering 9,218 fibre cuts as of December 31, alongside 211 base station sites affected by theft and vandalism, incidents that disrupted mobile and data services relied upon daily by millions of Nigerians.

The data was revealed by Dr Karl Toriola, chief executive officer/managing director, MTN Nigeria via a social media post titled ‘MTN Nigeria 2025 Wrapped’.
The scale of the damage highlights the growing vulnerability of Nigeria’s telecommunications infrastructure, which has come under increasing pressure from road construction activities, cable theft and deliberate acts of vandalism.
MTN said 5,478 fibre cuts occurred within just the first seven months of 2025, with 760 incidents recorded in July alone, underscoring the intensity of the challenge.
Some of the incidents had wide-ranging consequences, knocking out connectivity across multiple states simultaneously and affecting voice calls, data services, digital payments and enterprise operations.
The company described the situation as a national infrastructure problem, rather than an isolated corporate issue, given the economy’s deep dependence on mobile networks.
“These gaps were shaped by real operational challenges such as fibre cuts, theft, and vandalism. Their impact is felt directly by customers and reflected in what they tell us,” Toriola,
The disruptions were reflected in customer feedback volumes, as MTN handled an unprecedented number of complaints during the year. The operator said it resolved 1,624,263 customer complaints in 2025, spanning call centres, social media platforms, emails and physical service centres nationwide.
Despite the setbacks, MTN pointed to signs of operational resilience. The company retained its ranking as Nigeria’s best network by Ookla, returned to profitability after a challenging period, declared an interim dividend, and expanded its subscriber base to over 85 million users by September 2025.
The figures show that while Nigeria’s telecom operators continue to invest heavily in network expansion and customer service, infrastructure sabotage remains a major drag on service quality and operating costs.
MTN acknowledged that performance improvements remain a work in progress. “We are not where we want to be yet. We see you. We hear you. We exist because of you. And we will get better,” Toriola said.
As the company enters its 25th year of operations in Nigeria, Toriola said MTN is doubling down on customer-centricity, treating every piece of feedback as a guide for improvement, while also stepping up engagement with government agencies.
The CEO renewed calls for stronger regulatory and legal protections for telecommunications infrastructure, urging policymakers to classify fibre cables, base stations and other critical assets as national infrastructure and criminalise vandalism to deter repeat attacks.
Telecom
NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

Nigerian Communications Commission (NCC) has granted operating licences to six new Internet Service Providers (ISPs), effective January 1, 2026, raising the total number of authorised ISPs in the country to 231 from 225 recorded in December 2025.

NCC
The newly licensed firms are Intellvision Technologies Limited, Granet Technologies Limited, Fiber Sonic Limited, Dasol Solution Services Ltd, Boost ISP Limited, and Amazon Kuiper Nigeria Limited.
Five of these companies are headquartered in Lagos, while Granet Technologies Limited operates from Owerri in Imo State, highlighting the persistent concentration of broadband infrastructure in major commercial hubs like Lagos, Abuja, and Port Harcourt.
This development intensifies competition in Nigeria’s broadband market, which faces pressure from dominant mobile network operators such as MTN and Airtel, alongside rapid expansion by satellite providers like Starlink.
Traditional ISPs continue to grapple with shrinking customer bases, aggressive data pricing from telcos, and satellite disruptions, even as NCC data from Q2 2025 showed Spectranet, Starlink, and FibreOne controlling about 65 per cent of the 313,713 active ISP subscribers.
The inclusion of Amazon Kuiper Nigeria Limited marks a significant entry of global satellite broadband competition, building on Nigeria’s recent approvals for other low Earth orbit providers to enhance connectivity in underserved areas.
Industry analysts view the licences as a strategic push to improve internet quality amid rising demand for digital services, though geographic clustering underscores ongoing infrastructure challenges outside urban centres.
NCC’s move aligns with broader efforts to foster a competitive telecoms sector critical to Nigeria’s digital economy ambitions.
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