Telecom
Our Plans for Starcomms by Capcom

Capcom , the special purpose vehicle solely created to make an equity investment into Starcomms has revealed an ambitious turnaround strategy for the troubled telecom operator including a significant cash and asset investment.
Backed by some of the best brains in the telecoms industry, Capcom also plans to establish Starcomms as Nigeria’s leading 4G Broadband data provider- a plan hinged on the enhanced spectrum from the post transaction.
Demola Elesho, new company’s chief executive officer said that Capcom’s interest in Starcommsis primarily driven by the exciting opportunities the proposed spectrum combination brings.
Capcom was established in 2012 with money raised from investment and hedge funds, family offices and industry partners with years of commercial experience in emerging markets, especially Africa.
The company consists of MBC -a private trust with a focus on investing in emerging markets; OldonyoLaroEstate -a private family office based in Kenya with over 40 years’ experience of investing in Africa across numerous industries; Helios Investment Partners -an Africa-focused private investment firm which manages funds in excess of $1.7billion; and AMCON -the Asset Management Corporation of Nigeria.
According Elesho, Capcom will fund the transaction through a mixture of equity, debt and asset sales.
As part of the transaction Capcom will raise $50million of equity from a limited number of key investors and the equity is expected to be fully raised and deposited into escrow pre annual general meeting.
The company also said that additional funds will be provided through a $62 million loan from Afreximbank while part of the the transaction funding will be raised from the sale of Multi-links’ fibre assets to Suburban FiberCo.
With the huge financial war-chest, Capcom said the new management would work to aAttract more highly profitable data subscribers in the short term.
Ultimately, it plans to launch high speed 4G mobile broadband services in the next 12-18 months.
It is hoping that the cash injection will provide the financial security needed for Starcommsto embark on this strategic realignment.
With the money available, Capcom also hope to fund the technical integration process, new capex and continuing short term operating losses.
The expectation is that following a successful integration and stabilisation period, the planned roll-out of 4G services will open up significant opportunities for the new Starcomms
Capcom’s current business plan anticipates that the combined business will generate over $100 million of annual EBITDA within five years.
Telecom
Spacecoin Secures Licenses to Roll Out Satellite Connectivity in Nigeria, Kenya

Spacecoin, US-based, has announced the signing of recent agreements with local authorities and operators to launch satellite connectivity pilot projects in Africa.

The initiatives, focused on Kenya and Nigeria, aim to serve areas where terrestrial networks remain limited or unavailable.
n Kenya, Spacecoin has obtained a transmission license from the Communications Authority, allowing it to test satellite-based solutions for connectivity and Internet of Things (IoT) monitoring, particularly in rural and peri-urban areas with limited internet access.
According to the Kenyan regulator, internet penetration remains below 50% of the population, despite mobile penetration exceeding 130%.
In parallel, the company is continuing operations in Nigeria under an existing license issued by the Nigerian Communications Commission (NCC).
This authorization supports initiatives aimed at delivering affordable broadband connectivity to isolated and underserved communities.
Spacecoin’s approach is based on a decentralized satellite network using nanosatellites in low Earth orbit (LEO).
Combined with blockchain-based protocols, this architecture is intended to offer more flexible and cost-effective connectivity services than traditional networks, while also enabling the integration of IoT solutions for a range of uses, from smart agriculture to infrastructure monitoring.
These projects are part of a broader strategy to help narrow Africa’s digital divide, where a significant share of the population still lacks access to reliable internet services.
Satellite technology is increasingly viewed as a complement to terrestrial infrastructure, particularly in hard-to-reach areas where deployment costs and geographic constraints remain high.
Beyond Africa, Spacecoin is also running pilot projects in Asia, working with local partners to test the viability of its model across different regulatory and geographic environments.
According to the company’s management, growing interest from regulators reflects a shift toward solutions capable of reaching populations that have long been excluded from internet access.
Telecom
AVEVA Names Khaled Salah Vice President for Africa to Drive Growth

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announces the appointment of Khaled Salah, 37 years old, as Vice President of Africa.

Khaled Salah
In this new role, he will be responsible for about 30 employees to ensure the successful implementation of AVEVA’s growth strategy. Khaled Salah will report directly to Jesus Hernandez, SVP of the EMEA region.
A 15-years + career across different industries and domains
With a MBA in management from the Warwick business school, UK, and a master’s degree in engineering from Ain Shams university in Egypt, Khaled Salah is an active advocate for driving sustainable progress in the industrial sector. With Sustainability in mind, Khaled is keen on making a positive business impact, while fostering progress for people and the planet.
He started his career at Schneider Electric, in 2013 in the global supply chain and evolved through various roles such as Europe procurement and supply chain strategy Manager, and Global Commercial strategy Director for the industrial automation business. Khaled Salah has developed a strategic understanding of all those fields.
After 12 years in Schneider Electric, Khaled joined AVEVA in 2022 to lead AVEVA and Schneider Electric global strategic partnership, across all industries managing a team of 30 people.
He has led the introduction of new AVEVA software solutions to initiate and develop significant growth areas across all Schneider Electric verticals.
Ambitious plans for AVEVA in Africa
In addition to his current role as AVEVA and Schneider Electric partnership Vice-President, Khaled now takes over the management of AVEVA’s activities in Africa.
Jesus Hernandez, SVP of the EMEA region says: “Africa is a strategic region for AVEVA. In this major industrial market, customers, world leaders in the fields of Energy, Metal & Mining, Chemicals, and Water, are looking for AVEVA’s expertise to accelerate and drive their digital transformation and sustainability strategies, as well as their energy transition projects.
“Khaled Salah’s qualities of leadership in a global environment will benefit his team spread across 12 countries including Algeria, Morocco, Egypt, Kenya, Nigeria, and South Africa.”
Motivated by the prospect of capitalizing on the talent of his team to strengthen AVEVA’s presence in Africa in the years to come, Khaled Salah says: “Helping my team realize their professional potential is close to my heart.
“We will work together to support and accelerate the digital transformation of industries in Africa, in particular through CONNECT, our industrial intelligence platform, with the support of our ecosystem of partners. »
Telecom
Google Report: Nigeria Leads Global AI Adoption in Learning, Entrepreneurship

A Google-Ipsos report reveals Nigerians topping global AI usage at 88%, surpassing the 62% worldwide average, with sharp rises in education and business applications.

“Our Life with AI: Helpfulness in the hands of more people” shows 93% of Nigerians using AI for learning complex topics versus 74% globally, 91% for work assistance, and 80% for new ventures—nearly double the 42% global rate.
Taiwo Kola-Ogunlade, Google’s West Africa Communications Manager, stated: “Nigerians are creatively using AI to unlock opportunities for learning, growth, and economic empowerment, shaping their future with technology.”
Key findings highlight 91% viewing AI positively for learning access, 95% expecting benefits for students and educators, and strong optimism—80% excited versus 20% concerned, compared to global 53%-46% split. Frequent users show 90% excitement
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