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AfreximBank Boss, ECOWAS, Diplomats and others to Speak at GAIN Youth Summit 2022

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The President and Chairman of the Board of Directors of African Export Import Bank (AfreximBank) Professor Benedict O. Oramah; High Commissioner of Namibia to Nigeria, H.E Humphrey Geiseb; Ambassador of Cote D’Ivoire to Nigeria and ECOWAS, H.E Ambassador Kalilou TRAORE; Dr Tony Luka Elumelu, Ag. Director of Private Sector Development at the ECOWAS Commission, Nigeria as well as popular Nigerian business man, Mr Obinna Tochukwu Iyiegbu (Obi Cubana), Chairman, Cubana Group, Nigeria have been named the Keynote and Guest Speakers respectively at the 2022 edition of the Grand Africa Initiative – GAIN Youth Summit holding from 28th-29th October, 2022 at 10am WAT daily with the theme The Africa We Want: Nexus between the Youth, Peace and Entrepreneurship II.

The GAIN Youth Summit is an annual gathering of policy makers, diplomats, public and private sector leaders, development institutions, civil society groups and the youths from across the continent and the diaspora, focused on developing entrepreneurship, innovation, professional and employability capacities in young Africans in a way that helps tackle the menace of youth unemployment and conflict on the continent.

The Executive Director, Grand Africa Initiative (GAIN), Ms. Chinwe Okoli stated that this year’s summit will build on and further examine the key insights around the theme The Africa We Want: Nexus between the Youth, Peace and Entrepreneurship discussed at the 2021 summit which had the Vice President of the Federal Republic of Nigeria, professor Yemi Osinbajo, SAN as the Special Guest of Honour.

According to Ms. Okoli, “We are excited at the level of growth in impact that the GAIN Youth Summit is making through the years. This year, we are glad that organisations and institutions such as ECOWAS Commission, AfreximBank, Embassy of the Republic of Guinea to Nigeria, High Commission of Namibia to Nigeria and Embassy of Cote D’Ivoire to Nigeria are partnering with GAIN. We are especially grateful to ECOWAS through the Youth and Sports Development Centre(EYSDC) for their financial support. We are also grateful to all those who will be sharing their thoughts with over 2000 youths from across the world”.

According to Ms Okoli, “other confirmed speakers include; Ehia Erhaboh, Executive Vice President, Operations and Technology, Interswitch Group, Nigeria; Caroline Njuki, Officer in Charge and Chief Technical Advisor Inclusive Jobs and Education, International Labour Organisation, Kenya; Eric Nges: Vice President, J.P Morgan, Germany; Hon. Emma Inamutila Theofelus(MP); Deputy Minister for ICT, Namibia; Sam Itodo, Executive Director, YIAGA Africa, Nigeria; Emmanuel Asika; Country Manager- HP Nigeria; Omni Channel Manager-HP ACE; Lennox Omondi, CEO and Founder, Eco-Bana Limited, Kenya and 2022 Winner Hult Prize; Chidi Nwaogu, Co-Founder, Publiseer/ Tech Entrepreneur and Software Developer, Nigeria; Princess Adeyinka Tenekah; Founder/CEO, Happy Coffee, Nigeria; Rapitso Mosebetsi, Co-Founder & CEO Iconics Pty Ltd, Lesotho… among others”

Over the past three years, the GAIN Youth Summit has deepened the discourse and contributed to shaping policies around strategies to unleash the economic potentials of young Africans to build sustainable prosperity on the continent. We are delighted that previous editions of the summit attracted high profile leaders such as Professor Chukwuma Charles Soludo, Governor, Anambra State and former Governor of Central Bank of Nigeria; British High Commissioner to Nigeria, Catriona Laing; Ambassador of Angola to Nigeria, Dr Januario Eustaquio Quibato; The High Commissioner of South Africa to Nigeria, Mr Thami Mseleku; Nigeria’s Minister of Youth and sports, Hon Sunday Dare; Her Excellency, Mrs Teneng Mba Jaiteh, The Ambassador Plenipotentiary of The Gambia to Kingdom of Belgium and the European Union; H.E S. F Houmard, The President of in Global Office of the Global Union; H.E, Mr Georges R. P. Chikoti, The Secretary General of the Organisation of African, Caribbean and Pacific States (OACPS); Mr Tomi Davies ‘TD’, Collaborator-in-Chief, TVC Labs/President, African Business Angel Network (ABAN), Mr Modise J.Motloba, The Group CEO, Tysys Capital Group, South Africa; Professor Joseph Nnanna, Chief Economist, development bank of Nigeria; Professor Ndubuisi Ekekwe,Lead Faculty, Tekedia Institute; Mrs Fati N’zi-Hassane, Supervisor, Human Capital Division AUDA-NEPAD, African Union among others

Grand Africa Initiative (GAIN) is a youth-focused pan-African non-governmental organization which comprises young Africans between 15 and 35 years drawn from within and outside the continent, who are passionate about promoting entrepreneurship as a means to reduce conflict, promote peace and economic revival of the continent. GAIN programs include training, advocacy, mentorship, and youth events, designed to help achieve sustainable development by igniting the positive energy of the greater segment of Africa’s population – the youth.

Participation:

Register to attend the summit for free via the link: http://bit.ly/GAINYS22


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Court Bans Kenyan Telcos from Recycling SIM Cards

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Kenya’s High Court has ruled that mobile phone numbers are not disposable assets, but constitutionally protected digital identifiers, striking at the core of a long-standing industry practice of arbitrarily reassigning inactive SIM cards without the owners’ consent.

Court Bans Kenyan Telcos from Recycling SIM Cards

In a landmark decision that could reshape telecom regulation and digital identity frameworks across Africa, sitting at Milimani Law Courts in Nairobi, Justice Lawrence Mugambi declared that reassigning a phone number without the original owner’s consent violates the right to privacy.

The ruling effectively elevates a SIM card into the same legal category as personal data tied to an individual’s private life.

At the heart of the ruling is Article 31 of the Constitution, which safeguards citizens from unnecessary disclosure of private information and interference with communications.

The court found that in today’s digital economy, a registered mobile number functions as a critical gateway to sensitive personal data, linking users to mobile money platforms like M-PESA, banking systems, email accounts, and social media profiles.

“When mobile digital identity is lost through reallocation or recycling without interrogating the reasons behind inactivity, it creates an avenue for unauthorised disclosure of delicate information,” the judgment stated.

The case, brought by Erastus Ngura Odhiambo, petitioner and former prisoner, challenged the routine telecoms practice of deactivating SIM cards after prolonged inactivity and reassigning them to new users.

Odhiambo lost access to his mobile phone number due to inactivity while serving his lengthy sentence.

He argued that the practice exposes individuals to serious risks, including misdirected financial transactions, intercepted one-time passwords, and unintended access to private communications.

The court agreed, highlighting how recycled numbers can result in strangers receiving confidential messages, authentication codes, and even being added to private messaging groups, effectively inheriting fragments of another person’s digital life.

Justice Mugambi also criticised the rigidity of SIM deactivation policies, calling them “arbitrary” for failing to consider legitimate reasons for inactivity such as incarceration, studying in restricted environments, or living abroad.

“Incarceration does not strip an individual of their constitutional rights to privacy and identity,” he noted.

For telecom operators, including Safaricom, the ruling introduces a significant compliance burden. The court outlined three strict conditions before any number can be reassigned.

Telcos must obtain informed and verifiable consent from the original owner, issue a public notice and conduct traceability efforts over a reasonable period.

More importantly, the court further directed that telecoms firms must implement technical safeguards to prevent data exposure to the new user.

The Office of the Attorney General has been given six months to translate these directives into enforceable regulations.

 


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Binance Earn: Simple Way to Earn Rewards on Idle Crypto Holdings

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Binance Earn offers cryptocurrency users an accessible way to generate rewards on idle digital assets without active trading or constant market monitoring.

Binance Earn: Simple Way to Earn Rewards on Idle Crypto Holdings

Binance Earn

As the crypto market matures, more holders seek productive uses for their assets rather than leaving them dormant in wallets. Binance addresses this through Binance Earn, where users allocate supported cryptocurrencies to various reward products for automatic yield generation.

The platform emphasises simplicity with a “set-and-forget” model: users select assets, pick a product, and rewards accrue passively in the background. This appeals especially to long-term holders aiming to enhance portfolio value over time without day-to-day involvement.

Binance Earn provides flexible options for instant liquidity access alongside fixed-term products for defined commitments, catering to diverse strategies and risk appetites.

“We’re seeing growing interest across Africa in ways to make crypto holdings more productive without active trading,” said Larry Cooke, Africa Head of Legal at Binance. “Simple, ‘set-and-forget’ solutions are becoming increasingly relevant as more users take a longer-term approach to digital assets.”

The feature reflects shifting user behaviour towards holding and gradual growth amid volatile markets, where reward rates fluctuate based on conditions, liquidity, and structures.

Users must assess risks and alignment with personal goals, as crypto remains volatile. Binance Earn positions itself as a key tool in Africa’s rising digital asset adoption, enabling hands-off participation in the ecosystem.


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New Gmail Scam Mimics Security Alerts to Steal User Data

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Cybersecurity researchers at Malwarebytes Labs have exposed a sophisticated new Gmail scam where fraudsters send fake Google security alerts via phishing emails, texts, and pop-ups, tricking users into a deceptive four-step verification process that harvests login credentials, GPS locations, contacts, and other sensitive data for account takeovers.

New Gmail Scam Mimics Security Alerts to Steal User Data

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Disguised as routine checkups, these alerts mimic Google’s official pages to create urgency, prompting victims to install malicious “security tools” that grant hackers real-time access to Gmail and linked services—Corey Donovan, president of Alta Technologies, warns legitimate checks never come unsolicited or demand downloads, urging users to close suspicious prompts immediately and verify via official Google account pages instead.

The scam’s rise amplifies risks during travel, where public Wi-Fi hotspots—especially “evil twin” fakes like slight misspellings of “Airport_Free_WiFi”—enable interception of banking details, emails, and malware installs; Donovan advises disabling auto-connect, using VPNs for HTTPS sites only, avoiding logins altogether, and crafting strong passwords with mixed characters plus two-factor authentication.

Shoulder surfing on public transport and outdated devices compound threats, as fraudsters glimpse screens or exploit unpatched vulnerabilities—keeping phones updated with post-update privacy reviews limits app access to location or commutes, while skipping work emails in view maintains confidentiality on the go.

Nigeria’s heavy reliance on digital banking and crypto heightens vulnerability, as scammers exploit rushed travellers; Donovan stresses: “Cybercriminals target busy airports and stations knowing guards drop—stay cautious, update devices, lock privacy, and never rush links to protect against these advanced breaches.”


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