Telecom
Nigerian develops app to connect Africa, Japan and the rest of the world

A Nigerian, based in Japan has developed a social media application – ”Nahfconnects”, aimed at connecting Africa, Japan and the rest of the world.
Kennedy Nnaji, the Chief Executive Officer, Nahfconnects for Africa and the World Inc. said on Tuesday that the application is aimed at innovatively adding value to the society.
Nnaji said that Nahfconnects was a unique smartphone app that would connect Africa, Japan and the world anytime, anywhere.
He said that the mobile application would enable one to chat with family and friends, watch various entertainment, and obtain information and news on Japan and Africa, all at ease.
According to him, Nahfconnects is a useful all-in-one app where users don’t need to open separate apps for chat, entertainment and news, and where users can find information about Japan and Africa.

”Many countries in the world, particularly in Asia, have managed to put their apps together, notably the Japanese, the Chinese, the Koreans and Indians.
”The Americans and the Europeans might be considered by me, the champions of modern technology.
”Obviously, IT startup companies in different countries, develop mobile applications based on the needs of their own people.
”Few functions we have in Africa in these recent years, is still at the mercy of these countries who have managed to put their apps together.
”These meager functions, by my understanding have less capacity to solve the problem Africa faces in this digital age, prompting Nahfconnects for Africa and the world.
My unrepentant desire to contribute to the society tapping from the priceless experiences I have acquired over all these years in Japan, have started bearing fruit, starting with the unveiling of this free Mobile App, ”NAHFCONNECT”, he said in a statement.
Nnaji said that he began the project three years ago, purposely to create a platform for Africa, and add value to the society, through innovation and services to humanity.
He said that the evolution of the Fifth Generation (5G) technology would catapult the full actualization of the project on time.

According to him, the project is a dream come true, as there is now an African platform that can understand and solve their problems using digital technologies.
”It will enable our people to have access to the latest technologies and innovations, provide development solutions, which will improve their socio-economic well-being and competitiveness.
”We envisage there are many young talented Africans, who may not have the opportunity to exhibit their talents to the world.
”I assure you, Nahfconnects will provide the chance for them to be seen and recognised, even from the remotest villages in Africa. Africa must be developed by the Africans, in collaboration with the international community,” he said.
Telecom
IFC Invests $45m to Green African Telecom Sites

Clean and reliable power for telecom networks in Ethiopia, Liberia, and Sierra Leone will be expanded following a $45 million investment by the International Finance Corporation (IFC) in IPT PowerTech.

The investment targets countries where limited power supply continues to slow digital connectivity and broader economic participation, the institution stated earlier this week.
To enable this expansion, the IFC is providing a $45 million corporate financing package consisting of an A-loan of $27 million and $18 million in blended finance.
The blended portion is sourced from the Canada-IFC Blended Climate Finance Programme and the IDA20 Private Sector Window Blended Finance Facility.
The initiative marks the IFC’s first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years.
It will help scale solar- and battery-based power systems that reduce reliance on diesel and support greener, more resilient telecom networks.
By improving the quality and stability of power to telecom towers, the initiative will strengthen mobile coverage and ensure that households, schools, health centres, and small businesses can depend on consistent digital services, said the IFC.
The funding supports the modernisation, operation, and maintenance of 2 235 telecom sites across the three nations. More than 90% of these are located in off-grid or weak-grid locations.
With new solar and battery systems powering these sites, mobile networks will experience fewer outages and improved service quality.
Optimising the energy mix is estimated to reduce power costs for operators by up to 30% in Liberia, 26% in Sierra Leone, and 52% in Ethiopia.
This transition is also expected to cut emissions by more than 10 624 tonnes of carbon dioxide annually. Furthermore, the partnership will promote gender inclusion by expanding opportunities for women in technical, operational, and leadership roles within the sector, says the IFC.
This agreement reflects a shared vision for a greener telecom industry and empowers the company to scale its innovative energy platforms, according to Nabil Haddad, CEO of IPT PowerTech Group.
Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation, said Nathalie Kouassi-Akon, IFC regional director for West Africa and the Gulf of Guinea.
Through this partnership, the institution is supporting a scalable, private sector-led solution that enables mobile operators to reach underserved and fragile communities more sustainably, added Kouassi-Akon.
The project advances the World Bank Group and African Development Bank’s Mission 300 initiative, which aims to provide electricity to 300 million Africans by 2030.
Telecom
Expedier Launches Platform to Ease Cross-Border Payments for African Firms

Expedier has unveiled “Expedier for Business,” an online pro-banking platform to simplify global payments, multi-currency transactions, and financial operations for expanding companies.

Kingsley Madu
The tool centralizes payments, invoicing, payroll, and treasury into one secure dashboard, tackling challenges like fragmented systems and poor visibility that hinder international scaling.
Kingsley Madu, Co-Founder and CEO of Expedier, said: “African businesses are increasingly global… Expedier for Business was built to simplify how companies manage money across borders while maintaining visibility, control, and compliance.”
Key features include customizable dashboards for payments, invoices, and workflows; support for USD, CAD, GBP, EUR, and more; virtual cards; automated payroll/invoicing; currency swaps; and real-time tracking.
Security measures cover two-factor authentication, KYC/KYB verification, and team access controls.
As cross-border trade and remote work boom in Africa, the platform aids firms dealing with international suppliers, teams, and customers. It is now available for organizations scaling globally.
Telecom
Moniepoint Seals 78% Stake in Kenya’s Sumac Bank for East Africa Push

Nigerian fintech unicorn Moniepoint Inc. has finalised its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, gaining a key deposit-taking licence for credit expansion in East Africa’s biggest economy.

The deal, marked by a Nairobi reception, bypasses the Central Bank of Kenya’s licence freeze, letting Moniepoint rival giants like Safaricom and Equity Group after a stalled Kopo Kopo bid.
It signals Africa’s fintech shift to licensed banking and mergers, equipping Moniepoint to roll out high-speed SME lending via Sumac’s 20-year-old infrastructure and branches.
The acquisition builds a cross-border merchant ecosystem beyond fees, integrating recent Orda buyout (cloud restaurant software) for “business-in-a-box” tools like inventory, payroll, and capital amid Kenya’s digital lending scrutiny.
Moniepoint, which hit $294 billion annualised transactions in 2025, eyes Kenya’s SMEs with Nigeria-honed retail expertise.
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