E-Business
Report Highlights How IoT Helps African Logistics Companies Pivot to Beat Covid-19

Pod Group, a provider of connectivity services for the Internet of Things (IoT) has published a report based on research carried out during the height of the Covid-19 pandemic among logistics companies in Africa, who have had the foresight to quickly pivot their businesses to address gaps in the market that have opened up as a result of the lockdowns.

Pod Group’s qualitative research found that many transport routes in Africa have suffered considerably from border closures resulting in less vehicles travelling along Africa’s transport corridors with the corresponding negative impact on industry revenue.
This situation is compounded by cost cuts, both within the transport companies themselves and among their customers. As a result, some logistics companies in the region have found it necessary to rethink their approach to business and bring in new sources of revenue.
One of the companies interviewed, Techmansion Solutions Ltd. saw a window of opportunity when a local taxi firm approached them about the use of their vehicles for private hire. With public transport services reduced to just 25% of their normal capacity, enterprises were looking for other ways to mobilize their workforces.
Techmansion quickly adapted their usual telematics-based fleet management services to provide an IoT solution which enables enterprises to reserve private cars for their customers and staff remotely using an integrated booking system.
Other companies have adapted to the changes in transport routes by focusing on the areas benefiting from the diversion of fleets to new transport corridors.
One of Beira’s leading logistics terminals is seeing increased visibility and new demand along the Beira Corridor due to the Covid-19 measures implemented in South Africa, which has enforced one of the strictest lockdown regimes worldwide.
One aspect that all companies interviewed agreed on, however, was the importance of IoT solutions as ammunition against the negative effects of Covid-19 and as a vital tool in the transformation of their businesses to create new revenue streams.
Using connected devices to track, secure and monitor their fleets, even in rural areas with patchy coverage has given them the competitive edge they need to target new customer segments e.g. the transportation of valuable cargos such as gold or copper.
The availability of these connectivity solutions as managed services with an agnostic platform-as-a-service (PaaS) model has also helped generate new business opportunities.
For companies such as Fleetmatics Africa who are looking to reduce overhead costs because of losses incurred by the pandemic, integrating third-party software enables them to offer value-added services, such as fleet data analytics to calculate cost per kilometre, without having to invest in their own in-house development.
David Boxshall, Business Development Director at Pod Group commented, “Covid-19 has hit the logistics sector in emerging markets such as Africa very hard, but it is amazing to see how a flexible mindset and innovative use of technology has given some of these companies the cutting edge.
“The ability to connect, manage and secure their vehicle fleets remotely has enabled them to target new customers in high value sectors, and in some cases, change their business model completely.”
E-Business
NDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad

Nigeria Data Protection Commission (NDPC) has raised concerns over data sovereignty, national security as well as loss of economic value, as over 90 per cent of Nigeria’s data is hosted abroad.

Pic credit…247digitize.com
Vincent Olatunji, national commissioner/CEO, NDPC, stressed the importance of safeguarding Nigeria’s digital economy through strong data protection and privacy frameworks.
He spoke while while delivering a keynote address at the IoT West Africa Conference, where he stated that the trend poses significant risks to Nigeria’s control over its digital assets.
He further described the situation as precarious for the nation’s sovereignty, and called for urgent investment in local data infrastructure.
Olatunji, highlighted data sovereignty, the growing role of data centres, and regulatory expectations under the Nigeria Data Protection Act, 2023, noting both the benefits of compliance and the risks of non-compliance. Olatunji underscored that data centres are now critical infrastructure for Nigeria’s digital transformation.
While decrying that over 90 percent of the Nigeria’s data is hosted abroad which is precarious for the nation’s sovereignty he encouraged for more investment in the sector as it is projected to reach $1.9 billion by 2031.
Also speaking, Kashifu Inuwa, the director-general of the National Information Technology Development Agency (NITDA), said policy is emerging as the key driver of Nigeria’s digital transformation, particularly in shaping the development of the Lagos-Abuja digital corridor.
“While infrastructure responds to demand, policy creates the enabling environment for sustainable growth,”
Inuwa who was represented by Aristotle Onumo, director, stakeholders management and partnership at the IoT West Africa Conference in Lagos, on the theme “The Lagos-Abuja Digital Corridor: Building Africa’s Next Data Centre and Cloud Hub.”
Inuwa emphasised that while infrastructure responds to demand, policy remains the critical driver that creates an enabling environment for sustainable digital growth.
He explained that Nigeria’s broadband policy, which stipulates minimum speeds of 10 Mbps for rural areas and 25 Mbps for urban centres, provides a strategic framework for prioritising infrastructure deployment along the Lagos-Abuja digital corridor.
He cautioned, however, that without deliberate collaboration and partnership between government, the private sector, and civil society, widespread infrastructure rollout would remain challenging. “Collaboration is the pathway that massifies impact, while partnership harnesses collective intelligence. No one can achieve this in isolation,” he said.
Inuwa also spoke on the Nigerian Sovereign Cloud Project; a flagship initiative aimed at strengthening indigenous cloud service providers and preventing the dominance of Nigeria’s digital infrastructure by foreign hyperscale operators.
By scaling local infrastructure to meet global standards, the project seeks to domesticate data hosting, reduce operational costs, and improve access to cloud services across the country.
E-Business
Opay Plans IPO in US, Targets $4Bn in Valuation

Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO).

According to a report by Bloomberg on Friday, sources said the platform, backed by SoftBank Group Corp., is considering a listing in the United States and is targeting a valuation of about $4 billion.
They added that the company could proceed with the share sale later this year, although the timing and size of the offering are yet to be finalised.
Opay is one of Africa’s fastest-growing fintech firms, offering mobile payments, transfers, and other financial services across Nigeria.
Advertisement
The fintech company, Citi, Deutsche Bank, and JPMorgan have not publicly commented on the IPO plans.
Like Opay, Flutterwave, a major fintech company in Africa is planning an IPO.
E-Business
How Nigerians Search is Changing — and Why it Matters for Our Businesses

By Olumide Balogun
There was a time when using a search engine felt like cracking a code. You typed two or three carefully chosen keywords, hoped the machine understood, and waited to see what came back. People had to learn the language of machines, shrinking complex needs into stilted phrases.

Olumide Balogun, Director, West and East Africa at Google.
That era is ending. Today, a person can ask a question the same way they would ask a colleague, and the technology is finally learning to respond in kind. Nowhere is this shift more visible than in Nigeria, where a young, mobile-first population expects tools to keep pace with how they actually think and speak.
This change carries weight far beyond convenience. It is reshaping how Nigerian businesses reach customers and how customers find what they need.
For years, marketing online meant wrestling with rigid keyword lists. A small business owner had to guess every possible phrase a customer might type. If you sold ankara dresses, you tried “ankara dress,” “Nigerian print fabric,” “traditional wear Lagos,” and a dozen variations, hoping you covered the gaps. Anything you missed was a missed customer
The new wave of conversational search makes those lists feel ancient. People now ask layered, specific questions: “Where can I find a sustainable tailor in Yaba who makes office wear?” Older systems would have stumbled on a query like that. Newer ones, powered by artificial intelligence, can read intent and stitch ideas together. They connect a question to a relevant local website that a basic keyword search might never have surfaced.
The shift is starting to show up in concrete tools. Google’s AI Max for Search ads, now a year old, is one of the more visible examples. In plain terms, it lets a business describe what it sells and who it serves in everyday language, and the system figures out which searches to match it to, instead of forcing the owner to write hundreds of keywords by hand. Early adopters report stronger revenue growth than peers, and users say results feel more useful because the technology connects ideas for them, often surfacing local sites that would not have appeared before.
There is a quieter benefit too. When advertising becomes more relevant, it stops feeling like an interruption. An ad that answers a real question is no longer noise; it is information. That changes the texture of the internet. The marketplace gets less cluttered, and people spend less time wading through results that do not fit what they were looking for.
None of this is automatic. The technology only works if it can understand human nuance, and human nuance in Nigeria is not the same as human nuance in California. A search for “owambe outfit” or “small chops for fifty people” demands cultural context, not just linguistic translation. Newer features try to bridge that gap. AI Brief, a part of the same Google toolkit, lets a business owner type plain instructions, like “focus on sustainable traditional wear, keep a premium tone,” and the system follows them. This is steering by intent, not by keyword bingo.
There are gains for businesses with deep catalogues too. A retailer with thousands of items no longer has to match every question to the right page by hand. Tools such as Google’s Final URL Expansion read the search and send the customer straight to the page that fits, in real time. In travel, finance, and healthcare, where compliance matters, the same systems can carry mandatory legal text into every ad automatically. Regulated industries can grow without cutting corners.
These are not abstract wins. They are the difference between a small business being found by a customer in Abuja at 9 p.m. and being lost in a sea of generic results, between a hospital reaching the right patient and a tailor in Surulere being discovered by a bride planning her wedding.
We should not pretend the transition is finished. AI is imperfect. It can misread context, amplify mistakes, and require careful oversight. Regulators, businesses, and users all have a role in shaping how it develops in our market. The broader direction, however, is clear, and it is one Nigeria should engage with rather than resist.
Nigeria is a nation of storytellers and traders. Our markets, physical and digital, have always been about conversation. The technology of search is finally beginning to mirror that. It is becoming less of a vending machine and more of a market stall, where you can ask a question, get a real answer, and discover something you did not know you needed.
That is the bigger story behind any single product launch. It is about how a country full of voices is finding new ways to be heard. For Nigerian businesses willing to adapt, the opportunity has never been clearer.
E-Business3 days agoOpay Plans IPO in US, Targets $4Bn in Valuation
Telecom3 days agoALTON Rues Vandalism, Others as Critical Infrastructures Suffer Attacks
General News3 days agoUS to Deny Applicants Saying they Fear Persecution @ Home Visas
General News3 days agoHackers Won’t Stop: NDPC Reports 1,500 Attacks, Warns Organisations
E-Financial3 days agoMeet Top Five Tech-Driven Banks and Their Overseers
News3 days agoFG Owes World Bank $2.08Bn in 2025 – Report
General News3 days agoExperts to Tackle AI Disruption in Telecoms, Fintech @WATISE 4.0 in Lagos
General News3 days agoFiona Ahimie, MD First Securities Brokers Elected First Female President of the Chartered Institute of Stockbrokers













