Telecom
Digital Economy Grows Faster Than Other Economies – DG NITDA

Mallam Kashifu Inuwa Abdullahi, Director General, National Information Technology Development Agency, (NITDA), has said that Digital Economy is growing at bigger rate faster than the rest of the economy, according to him, global economy is undergoing a digital transformation at a breakneck speed.
Abdullahi said this at the Digital Jewel Privacy Week roundtable discussion, with the theme ‘Harnessing Data as a Critical Asset in the Digital Economy’ which was held virtually on Friday, and attended by stakeholders from different sectors.
He said as the Digital Economy grows, Nigeria figured out how to make sure government, private sector, and the consumer are in sync.
Abdullahi stated that to harness and benefit from global digital economy trend, President Muhammadu Buhari, on 23rd October 2019, redesignated and expanded the mandate of Ministry of Communications to cover Digital Economy. However, on 28th November, 2019, the president also unveiled National Digital Economy Policy and Strategy (NDEPS) in order to put Nigeria on the global map of digitally competitive nation and ignited innovative activities in-country to unlock the Nigeria’s potentials in Digital Economy.
He further noted that data is the most valuable and significant asset as it plays a huge role in everyday live.
“Collecting and sharing data is a key to conducting business in today’s global digital economy. Never before has data protection become more critical than now, it has become central to how business can maintain trust and safeguard the data they collect or process from you and me.
“It is obvious that digital technologies power our everyday activity. Some of the devices we take for granted are so central to our lives.
“It seems perfectly normal to use your mobile phone, to process your emails, shop online, chat with friend and family, share pictures, read, watch and listen to your favorite movies and music.
“In the process you provide your personal data such as; name, address, bank details and so on.
“These are the information you and I know we share visibly but behind the scene enormous amount of data is generated, collected and stored by our mobile phones.
“Your phone tracks and collects data about you every second. It knows your location, the route you follow to work, who you spend time with, it knows who you talk to, what you say, who you chat with, what you share, it knows what you read, watch and listen to,” he added.
Speaking on what NITDA has done so far in regards to data protection, Abdullahi explained that, the Agency issued Data Protection Guidelines in 2013 to provide a basic law to guide the use of data in the digital space.
However, with the emergence of the EU GDPR in 2016, the Agency worked with private sector to issue Nigeria Data Protection Regulation (NDPR) on 25th January 2019.
Subsequent to the issuance of the NDPR, NITDA has sustained substantial public awareness campaigns. The Agency carried out massive media awareness in May and October 2019. Nigeria is the first country in Africa to dedicate a whole week to public awareness on data privacy protection.
“Our first privacy week held on 23rd – 28th January, 2020. On a regular basis we issue press statements. Also, we have treated several questions, request for clarification and other enquiries from the public on the issue of data protection.
“We have also organized workshops for Data Protection Compliance Organizations (DPCO), Data Protection Officers, Data Breach Investigation Team (DBIT), Police Enforcement Team, selected NITDA staff, in-house workshop for major multinationals, Regulators and industry associations.
“NITDA has created unique implementation structure for the NDPR, which also creates a set of licensees to organizations who have proven expertise in data protection implementation.
“These DPCOs are licensed to provide data protection compliance, audit, training and related services to all Data Controllers and Processors.
“We have licensed seventy DPCOs and have received many more applications which are currently being processed. Aside from the compliance focus, we have also inaugurated the Data Breach Investigation Team (DBIT).
“On the recommendation of the Honourable Minister of Communications and Digital Economy, NITDA was appointed as a member of the Technical working group on Data Protection Laws Harmonization and Localization in Africa hosted by the African Union Commission with support from the European Union Commission. Nigeria was appointed as the Vice Chair of this very important group.
“The confidence reposed in us by the African and European Union (EU) has been justified as our experiential, collegial and intellectual inputs to the process has endeared us to our sister countries,” he added.
Telecom
MTN Guns for $2.76bn IHS Towers Buyout in African Telecom Power Grab

MTN Group, the continent’s telecom behemoth, has plunged into advanced negotiations to acquire the outstanding 75 percent stake in IHS Towers for a staggering $2.76 billion, a seismic move that would hand Africa’s largest mobile operator full reins over one of the world’s premier independent tower companies and redefine infrastructure control across emerging markets.

MTN
The proposed transaction, pegged to IHS’s latest New York Stock Exchange closing price where it trades alongside a Frankfurt listing, builds on MTN’s existing 25 percent holding forged in a landmark 2014 deal that saw the operator offload most tower assets to IHS in exchange for cash and long-term leases.
Sources close to the talks confirm discussions remain fluid with no binding agreement yet inked, and both sides caution that negotiations could shift or stall entirely—MTN has signalled readiness to pivot to alternative value-unlocking strategies for its stake if a full buyout eludes grasp.
Strategically, the power play catapults MTN toward vertical integration in a sector where operators increasingly crave direct grip on passive infrastructure to slash lease bills, streamline upgrades, and rocket-roll 4G/5G amid Africa’s insatiable data deluge.
IHS Towers, MTN’s anchor tenant across swathes of Africa with tens of thousands of masts from Nigeria’s 13,500 tenancies—renewed amid naira-dollar tussles—to South Africa and beyond the Middle East into Latin America, represents a golden infrastructure war chest primed for the operator’s 20-nation blitz.
The saga traces to 2014’s seismic sale that freed MTN capital for spectrum wars while birthing enduring lease pacts, now ripe for reversal as governance dust-ups over shareholder nominations and agendas underscore the buyout’s boardroom chess.
Market tremors rippled through IHS shares post-leak, underscoring the $2.76 billion tag’s gravity as MTN eyes cost efficiencies, network agility, and expansion muscle in oil-volatile economies where tower mastery spells survival.
Should the ink dry, MTN vaults to ownership of a colossus fuelling digital bridges from Lagos megacities to rural frontiers, slashing third-party dependence while supercharging investments in fibre-deep data dreams and 5G horizons.
Analysts buzz that the mega-deal heralds telecom consolidation waves, with operators reclaiming tower turf to fortify against rivals and unlock synergies in a landscape where infrastructure crowns kings.
Neither MTN nor IHS commented officially by press time, but the high-stakes huddle spotlights Africa’s telecom arena hurtling toward an era where owning the poles decides who dominates the digital skies.
Telecom
Google Calls on Africa’s AI Trailblazers for 10th Startup Accelerator Cohort

Google has flung open applications for its landmark 10th cohort of the Startups Accelerator Africa, doubling down on nearly a decade of continent-wide tech propulsion by targeting Series A pioneers wielding AI and machine learning for scientific and societal moonshots.

The 12-week “AI First” hybrid bootcamp, kicking off April 2026, equips Africa-based or Africa-centric innovators with Google’s AI arsenal, expert mentorship, technical firepower, and investor matchmaking to catapult health and deep-tech ventures into orbit—deadline March 18 at g.co/acceleratorafrica.
“Africa’s tech landscape is seeing a vibrant shift toward deep-tech innovation,” proclaimed Folarin Aiyegbusi, Head of Startup Ecosystem, Africa. “For Class 10, we are focusing on the potential of AI to drive health and societal benefits, providing the infrastructure and expertise to turn these startups into the research labs of the continent.”
Since 2018, the accelerator has turbocharged 180+ startups across 17 nations, unlocking $350 million in funding and 3,700 direct jobs, cementing Google’s role as Africa’s AI innovation forge amid a deluge of homegrown problem-solvers.
Equity-free and hybrid-powered, Class 10 promises Google’s product credits, strategic war rooms, and global networks to forge the next wave of African AI trailblazers reshaping everything from disease detection to climate resilience.
Telecom
Optasia Drives Responsible AI Conversation at Nigeria’s Privacy Week 2026

Optasia, a global AI-driven fintech platform, reinforced its commitment to privacy-by-design and responsible innovation as the official partner of Nigeria’s National Privacy Week 2026.

Optasia
Held at the Transcorp Centre in Abuja, the programme brought together regulators, financial institutions and technology leaders around this year’s theme: “Privacy in the Era of Emerging Technologies: Trust, Ethics & Innovation”.
The National Data Privacy Summit, which concluded on Wednesday, 4 February, was convened in line with the Nigeria Data Protection Act (NDPA), which safeguards personal information across the country.
Welcoming Nigeria’s National Privacy Week 2026, Dr Vincent Olatunji, National Commissioner/CEO of the NDPC, underscored the central role of privacy in building trust and unlocking sustainable digital growth.
“Privacy is not an isolated privilege; it is a fundamental right guaranteed by our Constitution. By building trust, we unlock the full potential of our digital economy and protect every Nigerian’s digital identity,” he said.
These priorities closely align with Optasia’s approach, as the company focuses on enabling inclusive digital financial services while embedding privacy, accountability and trust into its technology and partnerships.
As a company operating AI-powered financial services within highly regulated environments globally, Optasia brings practical experience in embedding governance, accountability and data protection into large-scale digital systems.
The company delivers its services exclusively through licensed financial institutions and regulated distribution partners, supporting the responsible expansion of digital financial services while maintaining robust standards of security and privacy.
Optasia’s SOC 2 Type II certification underscores its commitment to maintaining internationally recognised standards of security, confidentiality, and privacy.
Speaking during the event, Uchenna Agbo, Chief Commercial Officer at Optasia, highlighted the heightened responsibility that accompanies rapid digital growth. “As Nigeria’s digital economy expands, the data that powers innovation and inclusion must be protected with the same seriousness as financial capital,” she said.
“For Optasia, compliance, ethical data use and respect for consumer privacy are foundational to building long-term confidence across the digital ecosystem.”
Optasia’s executive leadership participated in high-level panel discussions, with Chief Technology & Innovation Officer Antoine Chatzistamatiou sharing insights on “Building trust by design: Privacy, ethics, and accountability in emerging technologies”, alongside a senior representative from GTBank.
Additionally, Chief Data & Risk Officer Stelios Lelis contributed to a session titled “Innovation without Intrusion: Balancing data-driven growth with privacy as a fundamental right”, alongside senior leadership from Microsoft and Stanbic IBTC.
Optasia’s Nigeria engagement is anchored in four operating priorities: privacy-by-design, responsible use of AI, innovation without intrusive data practices, and stronger collaboration across the licensed ecosystem.
The company’s engagement in Nigeria reflects a long-term commitment to supporting a trusted and inclusive digital economy. As data-driven services continue to expand across sectors, Optasia remains focused on contributing constructively to ecosystem conversations around privacy, accountability, and responsible innovation.
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