Telecom
Digital Economy Offers Potentials for Data Centres – Durvasula

Tesh Durvasula was recently appointed chief executive officer of Africa Data Centre. In a chat with chike onwuegbuchi, he explained the potentials of ADC’s new facility located in Lagos.

What is the potential of the business in Lagos where there are more than 5 data centres?
Firstly, I’d like to say that there’s tremendous growth in the need for digital tools and services across the world. Africa is no different, and its citizens, like all others around the world, want to enjoy the same benefits that participating in a digital economy offer.
However, to provide these services you need infrastructure such as fibre optics and data centres, and cassava technologies centres around bringing these services and more to Africa. Africa’s population is a young one, and they estimate that over the next 10 years, the largest number of the population will be in the 18 to 35 range.
While other nations and continents such as Europe and North America, have an ageing population. Our population is only getting younger, and they want to do things differently. They all have smartphones, which is like having a supercomputer in their pocket, and they are excited and eager to participate in this new economy.
There’s no doubt that Nigeria is leading this charge, and I am sure that we are underestimating the capacity we need. Africa is going to be a place where digital infrastructure will continue to expand, across Africa.
Reports estimate that we need 1000MW and 700 facilities to meet Africa’s growing demands and bring the rest of the continent to a level place in terms of capacity and density, but if history has taught us anything in this industry, and I’ve been in this industry for 25 plus years, is that our ability to underestimate the demand side of this equation has been unbelievable. I believe we are underestimating Africa’s demand, much like we underestimated in in Europe and Asia. We are not worried about business in Lagos at all.
Challenge of power and Data centre business that requires 24/7 power supply.
Electrical supply is a global problem at the moment. We’re leading up to a year in North America, you’re waiting up to two years in parts of Europe, and those trying to get power in the north of London right now, could be waiting till 2025.
Nigeria is not unique in this situation. The electrical supply and the demands on our electrical grids as a planet, have continued to increase, and people are working hard to meet this demand as more investment comes into Africa, and into local cities, municipalities and jurisdictions for for operating companies.
You’re going to see that, and we have a new renewable energy platform platform called Distributed Power Technologies or DPT, which is part of the Cassava Group, and Africa Data Centres taking advantage of our relationship with DPT to help us meet that need. DPT developing a 10MWp solar PV power plant for our new Lagos data centre.
We aim to work closely with them, to ensure that our clients are guaranteed the most reliable data centre services.
In fact, we believe that advancements in storage technology will play a crucial role in emerging commercial and industrial markets, and this will lessen the intermittency of renewables, and at the same time, will provide redundancy during blackouts.
DPT is also working alongside Tesla to utilise its Megapack battery storage technology which will be deployed at off-site solar farms and will store the excess power that is generated during the day, greatly increasing the availability of dispatchable energy.
These will also be installed within our data centres, where storage is becoming a practical solution to carry sites when blackouts occur.
Target for locating your facility in Lagos
No, as with all our data centre investments in key areas on the continent, our new 10MW facility in Lagos will serve a hub for the entire West-Africa region.
What makes your facility different from others
At Africa Data Centres, we pride ourselves on being is the largest network of 100% interconnected, carrier- and cloud-neutral data centre facilities on the continent.
What also sets us apart is our commitment to lowering our carbon footprint, and as a company that promotes sustainability, we cannot emphasise enough that there will be no question of sacrificing the environment to carry out our ambitious digitisation plans.
This is a trade-off Africa Data Centres is simply not even prepared to contemplate. Our strategy goes far beyond boosting out bottom line, for us, it is all about empowering and uplifting Africa’s citizens, protecting the environment, and uplifting the economy. We are not just here for the money, we are here to provide jobs, and help Africa achieve its digital ambitions.
Competing with global brands and organisations’ interest
Although hyperscale providers such as AWS, Azure and Google have global cloud services built upon an extensive network of self-built data centres, they do not have Africa-based facilities, creating latency and sovereignty issues and hampering the growth of their cloud offerings in the region.
Nigeria is one of the Africa Data Centres key markets on the continent, because Nigerians are eager for digitisation, as organisations of every type and size in Africa accelerate their digital transformation journeys in the aftermath of the COVID-19 pandemic.
As part of the recently launched Cassava Technologies group, Africa Data Centres plays a critical role when it comes to providing this very digital infrastructure that is needed to support the mass adoption of digital services for consumers and business in the region.
What 10mw Data Centre facility means
Our new 10MW Lagos facility was built by us in response to the soaring demand Africa Data Centres has seen from hyper-scalers, key cloud operators as well as multi-national enterprises that already employ our services and have shown a sharp interest in being a part of bringing digitisation at scale to the West Africa region.
Megawatts of MW are used to measure the output of a power plant, or the amount of electricity required by an entire city. One megawatt is equal to 1,000 kilowatts, or 1,000,000 watts. Power is the key element that brings a data centre facility to life and it is what keeps customers’ IT infrastructure up and running even in the event of a disruption.
Power is the most critical element of any data centre. In the data centre sector, megawatts are reserved for wholesale colocation providers that require enough power for thousands of servers, customers and their and related IT hardware.
About Tesh the new Chief Executive Officer of Africa Data Centres
In my new role as Chief Executive Officer of Africa Data Centres, I will be charged with driving growth, innovation and strategy of Cassava Technologies’ data centres to meet Africa’s rapidly growing demand for data and digital infrastructure.
I am an experienced technology and real estate industry executive with a proven, 25-year track record of successful leadership and value generation in the digital infrastructure sector.
I hope to lead the Africa Data Centres team as we rapidly expand our footprint of hyper scale data centres throughout Africa with a plan to add an additional ten data centres in the top ten economic centres in Africa. Before joining Africa Data Centres, I served in a variety of executive roles at CyrusOne, culminating in his appointment as the Chief Executive Officer of the company.
And, before that, I served as president of Europe operations for CyrusOne, overseeing CyrusOne’s expansion into England, Ireland, France and Germany, helping grow CONE into one of the largest publicly traded REIT’s in the US.
I believe the potential to grow digital infrastructure is bigger in Africa than anywhere else across the globe and this will present a number of opportunities for economic transformation. I am extremely pleased to have joined Africa Data Centres and Cassava Technologies, particularly now as Africa has become one of the fastest-growing data usage regions in the world. I feel we are well poised to make an invaluable contribution to Africa’s rapidly developing digital ecosystem.
Telecom
Vivo, Credit Direct Ink Agreement on Smartphone Credit Purchase

Vivo, Chinese smartphone maker has signed a memorandum of understanding (MoU) with Credit Direct, Nigerian consumer finance company to launch a device financing programme in the country.

L-R: Toni Liu, CEO, vivo Nigeria, and Chukwuma Nwanze, MD/CEO, Credit Direct, at the MoU signing in Lagos
This initiative aims to remove barriers to smartphone ownership while supporting Vivo’s expansion strategy in Nigeria.
Under the terms of the agreement, customers can purchase a Vivo smartphone by paying 20% upfront and spreading the remaining balance over six months.
Credit Direct will provide the financing.
Both companies target sales of more than 200,000 devices in the first year.
“People who need smartphones but cannot pay upfront can now do so through a payment plan that does not strain their monthly income. Our mission has always been to make financial solutions a universal opportunity, and this is exactly what this represents in practice. I am truly excited about what we can achieve together,” said Chukwuma Nwanze, chief executive officer of Credit Direct.
This initiative comes as smartphone financing programs gain momentum across Africa, where device affordability remains a key barrier to mobile internet adoption.
According to the GSMA, the median cost of an entry-level smartphone in Nigeria fell from $84 in 2018 to $18 in 2024, reducing its share of average monthly income to 26%.
However, currency depreciation and rising living costs have offset much of this progress.
For the poorest 40% of Nigerians, an entry-level smartphone still represents 56% of monthly income, while it accounts for 73% for the poorest 20%, highlighting persistent affordability constraints among vulnerable households.
Despite these challenges, smartphone ownership reached only 27% in Nigeria in 2024, according to the GSMA, leaving significant room for growth.
Data from StatCounter shows that Vivo held a 1.18% market share at the end of March 2026.
The company remains far behind market leader Tecno with 18.72%, followed by Infinix at 16.28%, Samsung at 15.4%, Apple at 14.15%, and Xiaomi at 8.17%.
Other players such as Oppo, Itel, and Huawei also operate in the market.
Telecom
Payments Forum Nigeria (PAFON 3.0) Holds This Friday in Lagos

Nigeria’s foremost payments and financial inclusion dialogue platform, Payments Forum Nigeria (PAFON 3.0), will hold this Friday, April 24, 2026, at the prestigious Lagos Oriental Hotel, Lekki Road, bringing together regulators, fintech leaders, banks, policymakers, agent networks, cybersecurity experts, innovators, and ecosystem stakeholders to shape the future of digital payments in Nigeria.

Payments Forum Nigeria (PAFON 3.0
With the theme: “Fair Digital Payments as a Catalyst for Deepening Financial Inclusion in Nigeria,” PAFON 3.0 comes at a defining moment for the country’s digital economy as stakeholders seek practical pathways to close the inclusion gap, strengthen trust in payment systems, and accelerate access for underserved populations.
Why PAFON 3.0 is Different
“Unlike routine conferences, PAFON is a solutions-driven forum designed to bridge policy conversations with market realities.
“The event uniquely convenes fintech operators, agent banking networks, cooperatives, payment innovators, cybersecurity professionals, and thought leaders under one roof to tackle real challenges affecting Nigerians at the grassroots”, said Peter Oluka, co-convener of Payments Forum Nigeria.
“From digital trust and cybersecurity to agency banking, embedded finance, stablecoins, eNaira, SME growth, and healthcare financing, PAFON 3.0 is positioned as one of the most strategic gatherings in Nigeria’s payments ecosystem this year”, Oluka added.
High-Profile Keynote Speakers Confirmed
This year’s edition will feature a distinguished lineup of keynote speakers and industry leaders, including Prof. Adewale Peter Obadare, chief visionary officer, Digital Encode, and Dr. Jameelah Sherrief-Ayedu, vice president, FintechNGR & CEO, Credit Registry
Other confirmed speakers include, Dennis Ajalie, managing director, TeamApt Ltd.; Mr. Chika Nwosu, managing director, PalmPay Nigeria; Uche Uzoebo, MD/CEO, Shared Agent Network Expansion Facilities (SANEF Limited): Special Guest of Honour; Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters Association of Nigeria (NITRA); Mojeed Abayomi Agboola, national president, Financial Inclusion Agents Multipurpose Cooperative Society (FIAMCS); Ibirogba Oluwagunwa, chairman Lagos Chapter, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN); Sarafadeen Atanda Fasasi, and president, Association of Financial Inclusion Agents of Nigeria (AFIAN).
Fireside Chat on Africa’s Next Innovators
Another standout session will explore the future of digital currencies and regional interoperability: Stablecoins vs. eNaira: Orchestrating a Unified Digital Payment Rail for West Africa
This special fireside chat, hosted in collaboration with Lagos Blockchain Week, promises fresh perspectives on the next phase of Africa’s payment innovation journey.
Chuwuemeka Enoch Mbaebie, Lead convener of LBW will host the session alongside Senator Ihenyen, Lead Partner of Infusion Lawyers and Founding Trustee of the Virtual Asset Service Providers Association (VASPA); Victoria Oluebube Igboanugo, marketing lead, Lagos Blockchain Week; Chidubem Emelumadu, ecosystem lead (Africa), Lisk, and Harrison Obiefule, Nigerian lead for Superteam.
More Activities Lined Up
Attendees will also experience product demo of Myitura Healthcare Financing Solution;
Townhall Meeting on The State of Agency Banking in Nigeria led by AMMBAN; Goodwill messages from leading institutions and industry associations, and strategic networking with decision-makers across banking, fintech, regulation, media, and innovation ecosystems
PAFON 3.0 is expected to attract C-suite executives, startup founders, regulators, investors, digital payment operators, development institutions, policymakers, and professionals seeking to understand where Nigeria’s payment future is heading.
Participation
Participation is free.
Telecom
Deadline Extended! MTN Nigeria Offers More Time for Media Innovation Programme

The application deadline for the fifth edition of the MTN Media Innovation Programme (MIP) has been extended to April 25, 2026, organisers have announced.

MTN Nigeria Media Innovation Programme
The extension offers additional time for qualified media professionals and digital content creators across Nigeria to apply for the fully funded programme aimed at advancing storytelling and media innovation.
The initiative is sponsored by MTN Nigeria in partnership with the School of Media and Communication, Pan-Atlantic University (PAU).
Organisers said the 2026 cohort would admit 25 fellows, an increase from the previous 20, in line with MTN Nigeria’s 25th anniversary and its continued commitment to strengthening the country’s media ecosystem.
Launched in 2022, the six-month certificate programme provides participants with training in media innovation, leadership and digital transformation.
It features academic sessions at PAU, industry engagements and an international study visit, including sessions at the University of Johannesburg.
According to the organisers, the programme has produced a growing network of alumni contributing to Nigeria’s media landscape through leadership roles, new media ventures and impactful storytelling.
The programme is open to practitioners across print, broadcast, digital and social media, with applicants expected to demonstrate a strong commitment to innovation and professional development.
Interested applicants can submit their entries through the School of Media and Communication website.
Shortlisted candidates will undergo a rigorous selection process, with successful applicants expected to commence the programme in May 2026.
Nigeria CommunicationsWeek reports that the initiative is part of broader efforts to equip media professionals with the skills needed to adapt to the evolving digital economy.
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