Telecom
Academy Halogen Deepens Cyber Security Conversation with Digitization Confab

Academy Halogen, the Halogen School of Security Management & Technology, has emphasized the need to create a clear policy direction for Nigeria’s digital economy to facilitate effective cyber security practice.
This is because, in today’s digitized world, cyber security has become a vital component of enterprise risks solution helping organizations to deliver their bottom-line.
Dr. Wale Adeagbo, Chief Operating Officer of Academy Halogen, echoed the importance of a strong cyber security policy direction at the opening of a policy development session hosted at the Ikeja GRA, Lagos campus of the institution.
Tagged ‘Digitizing Nigeria; A meeting of Town and Gown’, the cyber security policy confab was a joint initiative of Academy Halogen and the ICT-Driven Knowledge Park of the Obafemi Awolowo University, OAU.
The Academy Halogen boss described the cyber security knowledge sharing session between industry experts and thought leaders from the academic community as a gathering meant to “trigger vital public discussion on how best to digitize Nigeria for the benefit of commerce and knowledge management”.
Professor Eyitope Ogunbodede, Vice-Chancellor of Obafemi Awolowo University, while delivering his keynote address expressed happiness on the collaboration between his University and Academy Halogen on cyber security knowledge development on one hand and plans to work with Troyka Group on other levels.
He noted that OAU now have a sustainable policy of engaging with the community and organizations within the industry towards producing graduates who are both academically sound and industry savvy.
Professor Ogunbodede further gave assurance that the cyber security learning session is a product of thoughtfulness between OAU and Academy Halogen for the good of Nigeria.
“This is an initiative we are driving together for the benefit of the entire country.
“The purpose is not about making money, the purpose is to contribute effectively towards digitizing Nigeria in the area of cyber security”, the Vice-Chancellor said.
Speaking earlier, Professor Ganiyu Aderounmu, Co-Centre Leader, OAU ICT Driven Knowledge Park noted that the institution is already bridging knowledge gap between the academic and the industry through collaboration with many corporate big players in the ICT and allied sectors for industrial knowledge transfer to graduates.
“At OAU, the ICT-Driven Knowledge Centre is already blocking the leakage of students lacking practical and industry experience.
“We have a lot of partners. We are partnering with Academy Halogen to further enhance our growing collaboration in the area of cyber security.
“We are committed to stimulating creativity and excellence in research and innovation in ICT”, Professor Aderounmu explained.
In his presentation on competencies and requirements in addressing cyber security, Professor Ndubuisi Ekekwe, a Micro Electronics and Medical Robotic Engineering expert added his scholarly perspective to the cyber security discussion and the need for a robust digital policy direction.
“The world is made up of numbers. Everything we do as humans is about numbers.
“We can reduce frictions in business by deploying right technology. Companies are moving from the physical to the digital realm.
“Digitizing Nigeria will bring about a new nexus of opportunities. Our nation will only be bounded by the limitation of the mind”, Professor Ekekwe analyzed.
Vice-Chairman Troyka Group, Mr. Jimi Awosika in a presentation tagged ‘Business and the need for safety in an open world’ observed that we now live in an open world full of risks, which requires security and intelligence to survive.
“On the part of business and society is the requirement for appreciation of the present danger of the open world and the need to invest not only in these services but more so the propagation of the knowledge that the open world presents for as they say, the panacea for the spread of any communicable disease conditions is knowledge”, he explained
In a presentation titled Enterprise Risk in Cyber, Director General, Association of Enterprise Risk Management Professionals (AERMP), Mr. Olayinka Odutola, who stood in for the Association’s President, Mrs Taiwo Ige noted that cyber security is an enterprise risk management issue: not just an information technology issue.
Other participants commented on the benefits of digitization to the private sector in terms of collaboration, the need to digitize the Nigerian populace and the lack of central data for quality policy formulation.
Academy Halogen’s policy development session is in furtherance of the Academy’s commitment to continuously raise conversation for effective enterprise security risk management and policy formulation.
The institution which is reputed to have trained about a million security personnel of various cadres in the Halogen Group’s over 25 years of existence, was formally known as Halogen School of Security Management & Technology, transforming, in a recent re-branding exercise to Academy Halogen.
Academy Halogen which offers a wide range of enterprise security risk related certificate, diploma & MBA courses in partnership with top universities like Babcock and Elizade universities, is also deeply involved in capacity development programmes in the area of enterprise security risk management for various corporations, small, medium and top businesses as well as public enterprises, government institutions and security agencies.
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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