Telecom
Pan African Towers, Watt Renewable Corporation Ink $20m Infrastructural Deal
Pan African Towers (PAT) Limited, a Nigerian firm has signed a $20 million infrastructure investment deal with Canadian firm, Watt Renewable Corporation.
The Partnership will see Watt Renewable provide alternative energy solutions like solar and other renewable to all towers owned and managed by PAT in Nigeria, to help the latter reduce exposure by as much as 50 percent.
Wole Abu, chief executive officer of PAT, who spoke at the signing ceremony in Lagos, said that the deal is significant, because “it’s a milestone in our journey of innovation, service delivery, and pushing Nigeria to the broadband target. This is at the forefront of the Nigerian Communications Commission (NCC’s) agenda for setting up Infrastructure Company”.
Abu said the deal will impact greatly and positively on the quality of service both voice, and data in the country, and cited the erratic power supply situation as one of the major challenges confronting telecoms operators in Nigeria, which appears not to be improving.
He said the erratic power supply “is taking a huge chunk of money from the operators. So, there is a need to act fast before we have issues. PAT and Watt Renewable Corporation deal will gladly address some of these lapses”.
Abu revealed that PAT manages about 1,000 towers in Nigeria, which, according to him, will double by year end, adding that the firm also has footprints in Ghana.
Seun Fajebe, PAT financial controller, explained that it is a partnership, where the tower firm need not put money down because there are investment partners.
According to Fajebe, “it means as PAT, we need not invest in power facilities at the site by ourselves; we have a technical partner, who handles all that to ensure that there is power at all time. Before now, those sites run on conventional power, but with the new deal, we now have alternative power supply including solar energy, back up batteries, and the conventional power as a third layer, making it three in one. With this new move, the probability of the sites going down has been completely checked”.
Oluwole Eweje, chief executive officer of Watt Renewable, said the partnership is an infrastructure based one, adding that the Nigerian subsidiary will provide alternative power supply to PAT, to help it cut expenses on electricity generation by half.
Eweje said “we are not just providing power to a business, what we are also doing is to use that as an anchor station to provide power to communities that are without power within the country. We are looking at connecting at about 4,000 new connections, businesses and residential homes. PAT has towers across the country, even in rural, semi-urban and urban areas; we shall be providing them with the facilities”.
He added that “we have been working on this project since last year before we concluded recently. It is a $20 million (7.2 billion naira) deal. It is a long term project. We have got some international investors on this for us. In the first phase, about 45 sites will be rolled out; we are targeting growing organically in the country”.
Also speaking on the development, Sherisse Alexander, director of Investor Relations, Watt Renewable, noted that for improved services, partnership between telecoms operators and power firms are critical to the development of the telecoms sector in Nigeria.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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