Telecom
IFC, Telecom Infra Project Partner to Advance Digital Connectivity in Emerging Markets
International Finance Corporation (IFC) and the Telecom Infra Project (TIP), a global community of companies and organizations focused on infrastructure solutions to advance connectivity worldwide, have announced a new partnership that aims to accelerate the deployment of new and more cost effective cellular networks, particularly in areas of the world that are underserved or unconnected.
While connectivity has already reshaped the lives of those living in developed countries, the infrastructure that underpins it needs to be made available globally so that more people can get connected to digital services.
According to the UN Broadband Commission, almost half – 46.5% – of the world population remain unconnected. Despite the increasing availability of lower-cost technology, the industry has often struggled to provide adequate connectivity in areas where the business case hasn’t been so robust.
Even among those who have access, bandwidth constraints prevent many users from experiencing the full benefits of connectivity.
The pandemic and its socio-economic consequences have underscored the urgency of coordinated actions amongst all industry stakeholders and across all geographies.
In too many parts of the world, broadband connectivity continues to be prohibitive. According to the International Telecommunication Union (ITU), the price of mobile voice and data services alone, excluding equipment, still represent up to 12% of monthly Gross National Income (GNI) per capita in least developed countries.
Affordability is critical to connecting the unconnected. The shift to open and disaggregated networks will improve affordability and contribute to a more vibrant supply chain ecosystem with new technology providers, reducing business risks and ultimately enabling greater choice and flexibility in network deployments.
The TIP community and IFC are coming together to accelerate the deployment of Network as a Service (NaaS) solutions that leverage innovative technologies and business models, shared active and passive infrastructure and lower costs to help close the digital divide, especially in emerging markets.
TIP will work closely with IFC to ensure financial, environmental, and social sustainability take a central role in the deployment of digital infrastructure. IFC will make available its structuring capabilities and experience in investing in such sectors in emerging markets to participants of the TIP NaaS Solutions Group.
“IFC welcomes the partnership with TIP to work together on developing and funding practical solutions that enable further connectivity in emerging markets. Innovation is necessary to lower the breakeven point in network deployment, increase affordability and narrow the digital divide and NaaS can play an important role in this regard.
TIP provides a unique forum for funders, policy makers, operators and other industry stakeholders to guide decision making and problem solving around the ongoing challenge of affordability,” said German Cufre, Global Manager for Telecom, Media and Technology Investments at IFC.
“We are excited to have IFC join forces with TIP because it takes more than technology to solve connectivity problems around the globe. IFC brings its deep expertise in project financing, corporate governance and operational structuring to the Telecom Infra Project and our NaaS Solutions Group which will help align our efforts with the wider investment community,” said Attilio Zani, Executive Director of the Telecom Infra Project.
“For NaaS in particular, IFC and TIP will develop new approaches for the investment community to help them tap into the large addressable market created by the adoption of the NaaS business model.”
TIP and IFC are also encouraging other funding organizations to join in their effort to help close the digital divide through innovative business models delivering scalable, high-quality cellular connectivity to those who currently do not have it.
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
X, the social media platform formerly known as Twitter, has suspended the @Twitter account, replacing its profile with a standard notice citing violation of platform rules.
Musk
The action, which occurred on Sunday, January 11, left users encountering the handle greeted by a bold “Account Suspended” message on a black screen, with no details provided on the specific rules broken or the duration of the suspension.
The development has sparked widespread confusion and nostalgia among users, given that Elon Musk rebranded Twitter to X in July 2023, approximately six months after acquiring the platform for $44 billion in late 2022.
The @Twitter handle had remained dormant since before Musk’s takeover, serving as a legacy remnant of the platform’s original branding, and its suspension appears to mark the final erasure of the Twitter name amid X’s ongoing efforts to combat spam, impersonation, and rule violations.
X’s official statement on the suspended page simply reads: “X suspends accounts that violate our rules,” without offering an appeal process or further explanation, unlike standard user suspensions.
Public reactions on social media ranged from humorous laments of “RIP Twitter” to speculation that the move resulted from automated moderation or a deliberate cleanup of legacy trademarks.
xAI’s Grok AI described it as a purposeful retirement of outdated elements rather than a genuine infraction, while neither Elon Musk nor X spokespeople issued any comment as of Monday morning.
This incident underscores the evolving identity of the platform under Musk’s ownership, which also saw a domain shift to x.com in 2024, further distancing it from its Twitter roots.
Industry observers note that while the suspension aligns with X’s stricter enforcement policies, the lack of transparency has fueled debates on consistency in applying rules to high-profile legacy accounts.
Ecobank Joins Trillion-naira Club for the First Time in 20 Years
PalmPay, Premier Cool to Reward 10,000 Nigerians with ₦100m in “10k for 10k Campaign”
Nigerian Terra Industries Secures $11.8m for Expansion
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk
SHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence
Banks quietly move to enforce new ₦50 transfer levy from Jan. 1
FIRS says NIN, CAC Numbers to Serve as Tax IDs from 2026
Nigeria Takes the Lead in the Global WSIS+20 Digital Agenda
Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack
PalmPay Launches N400 Million World Travel Carnival, Rewarding Users with Free Global Trips
News3 days agoSERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion
General News3 days agoMinistry of Finance Leads FG-Backed Deal to Deliver Quality Homes and Boost Agriculture in Niger State
E-Financial3 days agoNDIC Declares Second Liquidation Dividend for Heritage Bank Depositors
Telecom3 days agoFG Plans to Invest $460m World Bank Loan in Fibre Infrastructure
News3 days agoAI Founders and Developers to Converge in Lagos for AI in Action 2026 conference
News3 days agoFG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge
E-Financial2 days agoWema Bank Upgrades ALAT Banking App
Telecom2 days agoX Suspends Twitter Account for Rules Violation