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Satnam Partners Toshiba to Launch e-Studio Multifunction Printers in Nigeria

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(L-r):‎ Ashok Kadadi, general manager, Satnam Investment Nig Ltd; Anil Chandirani, president; Pradeep Kumar, AGM, head of business, Toshiba Gulf and Ahmed Ikram, senior manager, Marketing, Toshiba, Singapore at the Toshiba E-Studio product launch in Lagos.
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Satnam has introduced the ultimate e-STUDIO experience to Nigeria by launching Toshiba e-STUDIO range of Multifunction copiers & printing (MFP) solutions.

Nigeria which has the largest economy in terms of GDP size in Africa is well poised for immense growth potential and Satnam Investment Nigeria Limited has partnered with Toshiba, as its authorized exclusive partner across Nigeria to offer its latest products & solutions.

Products to be showcased include; space-saving low to high-speed Monochrome e-STUDIO MFPs, Award-winning colour MFP series and World’s 1st revolutionary eco-friendly Paper Reusing System.

The timing of e-STUDIO launch is just right when technologies converge and companies are looking towards streamlining operations to reduce cost and increase efficiency.

As this wave of change surges across businesses in Nigeria, there is a growing demand for digital multifunction printers (MFPs) that incorporates the convenience of print, scan, copy and fax in a network environment at a competitive TCO (Total cost of ownership).

In addition, as output demand is fast moving from Black & White to Colour, it is imperative for Toshiba’s  business customers to experience the “Colors” of e-STUDIO.

With this synergistic alliance in place, Satnam is now able to bring Toshiba’s vast array of products and services across the Nigerian terrain through it’s strategically located branches and dealer network.

Corporate businesses in Nigeria could look forward to having their printing solutions needs comprehensively addressed, experiencing the reality of a high-tech future IT office that is efficient, user-friendly, secure and cost effective.

Mr. Anil Chandirani, president- Satguru group said “With notable new developments happening, Nigeria is racing toward growth and strongly establishing itself in Africa as the ‘vanguard’. Nigeria is forecast to have an increase in demand for quality and affordable solutions in the days to come. Satnam is prepared and geared to take up this challenge to bridge the gap for the supply and the growing demand for Business Solution, IT and ICT solution”.

Mr. Pradeep Kumar , assistant general manager, for Toshiba GULF FZE for Middle East & Africa, said that Toshiba is pleased  to partner with Satnam  to  deliver businesses in Nigeria  more affordably and  environment friendly printing solutions.

“We  now look forward to closely collaborating with the Satnam   by providing them with the latest products, services  and technical support necessary to strengthen Toshiba MFP presence in Nigeria,” Kumar said.

Satnam Investment Nigeria
Having presence in over 52 countries & over 80 branches, predominantly in Africa, Satnam has diversified business, in synergy with some of the renowned and valued brands in electronics, travel, real estate and commodities.

In Nigeria, Satnam is the authorized distributor for Toshiba multifunction products. Satnam is strategically located in Abuja, Lagos, Port Harcourt and expanding to get even closer to the customer.

The team from Satnam is experienced and well trained on Toshiba MFP solutions for end-to-end implementation.

‎Toshiba GULF FZE
Toshiba Gulf FZE, Business Solution Division, is the regional sales & marketing office for the Middle East and Africa regions.

Toshiba Gulf FZE is a wholly owned subsidiary of Toshiba Corporation located in Dubai, UAE. The Business Solutions Division of Toshiba Gulf FZE plays the key role of supporting its business partners in the MENA region.

Toshiba Gulf FZE is working very closely with Satnam Investment Nigeria Ltd for understanding and providing solutions to suit the changing and demanding needs of Nigerian market.

Also, Toshiba TEC Singapore Pte Ltd (TSE) designs, builds and services world-class turnkey ODM/OEM solutions for Fortune 500 companies worldwide as well as for Best in Class small and medium-sized enterprises.

Delivering state-of- the-art ODM/OEM products to key players in industries including transport & logistics, retail, banking and healthcare, Toshiba TEC Singapore helps customers to remain a step ahead of the competition.

Toshiba TEC Singapore also enables businesses to optimize business performance in today’s fast-paced information age through its multi-function printers (MFP) business.

Customized to meet specific office needs, Toshiba TEC Singapore’s offerings combine networked devices and software, and are user-friendly, reliable and boast high-quality performance.

With its strong manufacturing and engineering facilities and global team of experts, Toshiba TEC Singapore operates across multiple industries, delivering a comprehensive portfolio of reliable, high performing and innovative technology, all within core eco-strategy.


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UK, Nigeria Launch £15 million Growth Programme to Accelerate Economic Transformation

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The UK Minister for Africa and International Development, Baroness Jenny Chapman, has concluded a two-day visit to Nigeria, during which she announced a new £15 million Growth Programme, deepened cooperation on digital transformation and health, and visited communities benefiting directly from UK investment on the ground.

The visit, spanning Abuja and Kaduna, underscored the breadth and depth of the UK–Nigeria Strategic Partnership and marked a significant step towards both countries’ shared priorities.

The UK–Nigeria Growth Programme

The centrepiece was the meeting with Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele. During their meeting, they discussed the new UK–Nigeria Growth Programme. Over three years, it will accelerate economic transformation, unlock private investment and support Nigeria’s transition from macroeconomic stabilisation to sustained, reform-led growth.

Alongside the Growth Programme, the UK announced deeper collaboration on Nigeria’s digital economy through the SPRIRET initiative, delivered under the UK’s Digital Access Programme. SPRIRET will support digital governance reforms across five Nigerian states, reducing regulatory barriers and enabling greater investment and innovation in broadband, digital services and emerging technology.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele said: “We continue to value the UK–Nigeria relationship, one of the most important partnerships for both our countries. Today, that relationship extends beyond traditional ties and now focuses on development, growth, and shared prosperity.

“The UK–Nigeria Growth Programme helps bring this partnership to life—supporting capital market development, technology investment, small businesses, and technical assistance. We look forward to seeing how these opportunities deliver lasting benefits and drive progress for both countries.”

Trade and bilateral ministerial meeting

During the visit, Baroness Chapman met with the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole. Discussions covered progress under the Enhanced Trade and Investment Partnership (ETIP), including boosting exports via the Developing Countries Trading Scheme, fintech and capital markets links.

Kaduna: building on two decades of partnership

In Kaduna, Baroness Chapman met with Governor Uba Sani to take stock of over 20 years of UK–Kaduna partnership and explore how cooperation can deepen shared priorities. She heard from the business community and key institutional investors about their investment aspirations and the role of the UK in supporting investment mobilisation and enabling climate finance.

She met with community animal health workers and livestock breeders to discuss the UK’s support on breeding techniques, animal health and livestock vaccines. She also visited Unguwan Sanusi Primary Health Care Centre, which serves approximately 20,000 people in Kaduna South, hearing directly from patients and frontline health workers about the impact of UK-supported health programmes.

At the end of the visit, the UK Minister for Africa and International Development, Baroness Jenny Chapman, said: “This visit has reinforced everything I believe about the UK–Nigeria partnership.

“That it is deep, it is real, and it is moving in the right direction. From launching our new Growth Programme with Honourable Minister Oyedele, to meeting from frontline health workers in Kaduna — every conversation this week has shown me a country full of ambition and a partnership that is genuinely delivering for both sides.

“Nigeria is a partner that the UK is proud to stand alongside and I leave more convinced than ever that the next chapter of this partnership is its most exciting yet. The UK is here for the long term, and we are ready to grow together.”

 


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Mobile Internet Gender Gap Widest in Africa – GSMA

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More than 810 million women across low- and middle-income countries (LMICs) remain offline, with Sub-Saharan Africa recording one of the world’s widest mobile internet gender gaps.

According to the GSM Association’s (GSMA’s) Mobile Gender Gap Report 2026, released this week, women in LMICs are still 12% less likely to use mobile internet than men, leaving an estimated 200 million fewer women connected than their male counterparts.

This is despite mobile internet becoming the primary gateway to the digital economy, according to new research from the GSMA.

The report reveals that of the 810 million women who remain offline globally, more than two-thirds live in Sub-Saharan Africa and South Asia −regions that continue to experience the widest disparities in digital access.

The findings highlight significant implications for Africa, and the challenges facing governments, mobile operators and development agencies seeking to expand digital inclusion.

The report notes that Sub-Saharan Africa’s mobile internet gender gap stands at 26%, second only to South Asia’s 25%. The divide becomes even more pronounced outside major cities.

“In LMICs, the gender gap in mobile internet adoption tends to be two to three times wider in rural areas than urban areas. In 2025, across all LMICs, the gender gap in mobile internet adoption was more than three times wider in rural areas than in urban areas.

“There is also a difference at the regional level, where the gender gap in mobile internet adoption is wider in rural than urban areas of LMICs in every region except Europe and Central Asia.”

For Africa, the rural challenge is particularly severe, the report warns.

The GSMA found that the gender gap in mobile internet adoption reaches 34% in rural areas of Sub-Saharan Africa, compared to 21% in urban centres.

Device challenge

Smartphone ownership remains a major obstacle to digital inclusion. The report found that women across LMICs are 13% less likely to own a smartphone than men, representing approximately 210 million fewer women with access to internet-enabled devices.

Across Sub-Saharan Africa, only 34% of women own smartphones, with the region recording a smartphone ownership gender gap of 22%, with access to internet-enabled devices remaining one of the most important factors influencing whether women eventually adopt mobile internet services.

“The type of mobile device a person owns matters, as it typically affects whether and how they use the internet. Once someone owns a smartphone, they are much more likely to be aware of mobile internet, adopt it and use it regularly and in a variety of ways. In fact, once women own a smartphone, these metrics more closely resemble those of men,” notes the report.

Barriers persist

Despite growing awareness of mobile internet and its benefits, women continue to face multiple barriers to meaningful participation in the digital economy.

The report identifies affordability, literacy and digital skills as the leading barriers preventing women from getting online.

Even after gaining access, women frequently report safety and security concerns, data costs and connectivity quality as obstacles to broader internet use.

The report notes: “Addressing rural gender gaps is essential to advancing digital inclusion for women overall. In particular, women who live in rural areas tend to have limited physical access to essential services and may have the most to gain from better access to mobile and mobile internet.

“Addressing gender gaps in mobile ownership, particularly of smartphones, and in mobile internet use can help women in rural areas benefit from these digital technologies to the same extent as men.”

Claire Sibthorpe, head of digital inclusion at the GSMA, warns that progress is not happening quickly enough and emerging technologies such as artificial intelligence risk creating new forms of digital exclusion.

“While there has been a slow narrowing of the mobile gender gap since 2022, much more is needed to address the persistent and significant gender gaps in mobile internet adoption and use.

“We live in an increasingly digital world and the proliferation of technologies such as AI are creating greater digital divides and inequities, elevating the need to ensure digital inclusion for all.”


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Payaza Secures ‘A’ Credit Ratings from Moody’s, Agusto, DataPro, Intelligence Africa

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Payaza Africa, a payments infrastructure company, has earned strong credit ratings from four major rating agencies, reinforcing its growing reputation as a resilient and credible player in Africa’s financial services ecosystem.

The payment company recorded upgrades across the board, with DataPro raising its rating from A to AA-, Intelligence Africa assigning it an A- investment-grade rating, Agusto upgrading it from BBB to A-, and GCR, an affiliate of Moody’s, also moving it from BBB to A-.

A credit rating reflects a company’s financial strength and its ability to meet debt obligations, indicating how safe it is for lenders and investors to extend credit.

In a statement on Monday, the company described the achievement as a validation of its disciplined growth trajectory and operational resilience in a dynamic fintech landscape. It added that the upgrades position Payaza as a future-ready brand with increasing relevance not only within Africa but also in the global fintech space.

Commenting on the development, Seyi Ebenezer, the Chief Executive Officer of Payaza Africa, said the ratings reflect years of deliberate effort to build a sustainable and globally competitive institution.

“This milestone is a strong affirmation of the work we have done to build Payaza on a foundation of discipline, trust, and long-term value creation. Receiving these upgraded ratings sends a clear message that Payaza is not only growing, but growing with strength, structure, and sustainability,” he said.

Ebenezer noted that the recognition goes beyond financial performance, highlighting the company’s ability to execute strategically while maintaining strong risk management practices.

“For us, this is bigger than recognition. It reflects our commitment to building a world-class institution that can compete globally while continuing to serve businesses and consumers across the continent with excellence.

“Over time, our ratings journey has reflected more than strong financial performance. It speaks to a business built on disciplined execution, prudent management, and the ability to scale responsibly in a dynamic market. This has helped us stand out not only as an innovator in digital payments, but as a maturing financial institution with the operational depth to compete globally.

“These new ratings are expected to further strengthen Payaza’s standing with investors, regulators, partners, enterprise clients, and the wider financial community. In a sector where trust, resilience, and compliance are increasingly central to long-term success, independent ratings remain a powerful endorsement of a company’s ability to manage risk, meet obligations, and sustain growth,” Ebenezer said.

Payaza Africa provides payment infrastructure solutions focused on collections, payouts, embedded finance, and digital commerce enablement for businesses across Africa.

The company has also continued to expand its product ecosystem with solutions such as Payaza Checkout for payment collections and payouts, Chat and Pay by Payaza for WhatsApp-based transactions, Payaza Give for donations and digital contributions, and Shopaza, its e-commerce platform designed to help businesses sell and receive payments more efficiently.


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