Telecom
Verve Partners with UBA, Provides Cost Effective Prepaid Cards Support to Zambian Government
Verve International has signed a partnership agreement with United Bank for Africa (UBA) to deliver cost effective prepaid cards to farmers under the Zambian Ministry of Agriculture’s FISP program.
According to the partnership deal, UBA will issue Verve Prepaid cards in the next season of the Farmers Input Support Program (FISP), an agricultural subsidy initiative of the government to help farmers purchase agricultural inputs like fertilizer, seed and chemical at subsidized costs.
Through the program, the government intends to boost food production in the country by funding the cards issued to each farmer with $170 while the farmers contribute $40 towards purchase of farm inputs.
While many farmers in the country have benefited from the program since it started in 2015, the government plans to extend it even further with more than one million farmers expected to receive over two hundred and ninety million dollars ($290M) in funding during the 2017/18 season.
In order to help the Government, combat the challenges of high cost of card issuance and transaction as well as the issue of accountability and transparency which have plagued the scheme for long, Verve has been contracted to provide its superior technology and affordable cards solution through Commercial Banks andother Financial Institutions in Zambia.
Mike Ogbalu III, CEO, Verve International, Sharing his thoughts on the landmark partnership, said, “Partnering with UBA on the FISP program is a huge milestone for us.
“We are really excited to work with Smart Zambia, UBA and other banks, farmers, agro-dealers and other stakeholders to ensure that the subsidy programme runs efficiently and achieves its objective of boosting food production in Zambia.
“Food security is very crucial for every nation, as such, deploying Verve’s cost-effective prepaid card solution will help farmers in Zambia access the FISP subsidy quickly, conveniently and without hassle, thereby significantly improving agricultural activities and boosting food production in the country.”
The Company said that the introduction of Verve cards is expected to reduce card issuance costs by 30%-50% while also saving significantly in transactional fees.
With its improved security feature Verve will effectively solve the FISP transparency and accountability issues.
The government will also be able to access all the information it needs to ensure a smooth and seamless operation of the scheme and also eliminate leakages.
Besides saving cost and ensuring greater transparency, Verve’s involvement in the FISP program also means more farmers can benefit from the subsidies, as costs would be greatly reduced, thereby leading to a significant boost in food production in the South African country.
Through this partnership, Zambia joins a growing list of African countries where Verve’s EMV compliant cards is used and accepted.
This also clearly reinforces the payment brand’s market positioning as the preferred Pan‐African card in domestic and cross border transactions in and outside the continent.
Verve has over 35 Million Cards and tokens issued across 8 African countries and growing.
In addition to regional acceptance across Africa, Verve cards can also be used outside Africa as it is accepted in over 185 countries across the globe.
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.
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.
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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