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Adenuga Bags Five Man of the Year Awards

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Dr. Mike Adenuga Jr, chairman Globacom has been conferred with the 2009 Man of the Year by five media organizations.
This is the first time one private individual has been named Man of the Year by such number of media organizations.

He was chosen by Silverbird Communications, owners of Silverbird TV and Rhythm 93.7 FM; Independent Newspapers, owner of Daily Independent newspaper; Compass; City People and Ovation International as the most outstanding personality in 2009.

In a letter conveying the “2009 Silverbird Man of the Year” award to Dr Adenuga, Ben Murray-Bruce, chairman of Silverbird Group, said the Globacom chairman was overwhelmingly voted for by over 75% of Nigerians who participated in the poll.

Murray-Bruce noted that Adenuga’s “outstanding achievements in the last year and, indeed, years gone by were immeasurable.”
“The consistent and relentless giant strides you have made and continue to make towards the development of our beloved country are not just remarkable, but exceedingly outstanding. You were overwhelmingly voted for by Nigerians across the country. Your emergence further attests your popularity, which is not unconnected with your uncommon belief in Nigeria and the ability of the Nigerian to ‘Rule the World’,” Murray-Bruce stated.
The Silverbird Man of the Year award was initiated in 2005 to celebrate the Nigerian who, in the past year, positively touched the lives of other Nigerians the most.
In choosing Adenuga for the Man of the Year award, City People observed that he was one notable Nigerian who had caused a total revolution in the telecom sector. “His name reverberates across Nigeria and West Africa, from Ghana to Senegal, Togo to Benin Republic and Nigeria. Even in countries where the company is still prospecting licence, Globacom and the man behind it have become adorable household names. He is the authentic African business icon,” said the magazine.
Dr. Adenuga also emerged the Independent Newspapers Man of the Year from a shortlist of candidates including late Gani Fawehinmi, CBN Governor Lamido Sanusi, former Ghanaian President John Kuffuor, US President Barak Obama, Governors Rotimi Amechi of Rivers State, Adams Oshiomhole of Edo, and Emmanuel Uduaghan of Delta.
In deciding on the Man of the Year, the board of the newspaper said Adenuga’s impact during the year in private entrepreneurship struck it as inspiring and outstanding. “Adenuga was chosen for Globacom’s successful completion of the trans-Atlantic submarine cable which connects Africa to Europe and America and for the nationwide optic fibre cable (OFC) which connects over forty cities in Nigeria and is reputed to be Nigeria’s largest OFC network.
Ovation International and Compass also observed that Dr. Adenuga is the individual that positively touched millions of lives the most in 2009. They noted that in both banking and telecommunications, Adenuga affected millions of lives through excellent service delivery, customer reward schemes and poverty eradication initiatives.

All the five media organisations noted that Globacom’s successes in just six years of business are a tribute to Adenuga’s business and managerial acumen. “With its foray in Benin Republic where in a little over one year it is now one of the country’s leading telecom operators with over one million subscribers, the telecom licence it won recently in Cote d’Ivoire, its imminent launch in Ghana, its bid for licence in Togo and Senegal and the landing of Glo1 in Ghana and Nigeria, Glo is now on a fast track to actualising its vision of building the largest and best telecom company in Africa,” said one of the reports that justified the selection of Adenuga for the honour.
2009 also saw Adenuga’s Glo launch its fixed line network, Glo Broadaccess. With the new service, they observed, Adenuga has once again led the way in the drive to reinvigorate wired telephony in the country and is bringing Nigeria closer to the advanced nations that have long enjoyed the benefits of broadband which included convergence, high speed internet, video and TV on demand.
They also commended Adenuga for changing the face of sports on the continent through the sponsorship of the CAF Awards, the Glo International Half Marathon and the Nigeria and Ghana premier leagues and national teams.

 


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Huawei Launches Mondia Pay on Huawei Mobile Services in Nigeria, Others

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Huawei, in cooperation with digital payment entity, Mondia Pay, now offers Direct Carrier Billing service (DCB), for seamless, contactless payments for users in the MEA region through Huawei Mobile Services (HMS).

Mondia Pay is a leader in the digital payment space and provides a simple, fast and secure way for consumers to pay for services using their mobile phone.

Huawei has been working closely with Mondia Pay, the MEA region’s top digital payments fintech company, as part of its commitment to supporting developers in the MEA region. This strategic partnership will allow for increased DCB coverage and IAP (In-App Purchase) kit capabilities for global developers.

As a result, Huawei and smartphone HONOR users in almost 20 countries including, Egypt, South Africa, Tunisia, Nigeria, Tanzania, Madagascar, Liberia, and Botswana, will be able to make cashless payments securely without the need for bank cards by downloading the app from Huawei’s Application Store, AppGallery. In addition, Mondia Pay will also market Huawei’s games content in Egypt.

The number of mobile internet subscribers in Sub-Saharan Africa has quadrupled since the start of 2010 (World Bank Data) and, for many consumers, it’s the only way they can get online. With low credit card penetration rates in most markets, contactless, online payment solutions can reach wider audiences looking to consume digital content.

“This new partnership with Huawei is an endorsement of Mondia Pay’s industry expertise and deep routed knowledge of Africa. Customers across the continent will benefit from our fully integrated digital payment technology to make frictionless payments in a fast, safe and secure manner. We also support the natural progression towards cashless societies, fast-tracked by current affairs such as COVID-19,” said Simon Rahmann, CEO Mondia Pay.

Mondia Pay is available on Huawei’s AppGallery as direct carrier billing and e-wallet services to facilitate online consumer payments. Huawei’s AppGallery allows users to explore the best local and global apps.

Adam Xiao, Managing Director, HMS and Consumer Cloud Service for Huawei Consumer Business Group MEA, said: “We welcome the opportunity to partner with Mondia Pay to provide our users across the MEA region with even more payment options.

Mondia Pay allows for contactless payment without the need for bank cards in a safe and secure manner that protects the privacy of users. This partnership is part of Huawei’s ongoing commitment to make it easier for local and global developers to offer their services to millions more people in the MEA region.”


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Sub-Saharan Africa 5G Connections to Reach 18m by 2025 – Report

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Mobile technologies and services are expected to significantly increase in Sub-Saharan Africa, with over 137 million new mobile subscribers forecast to be added in the region by 2025.

An estimated 27% (165 million) of total mobile connections will be made on 4G and 3% (18.4 million) on 5G, by this period.

This is according to the latest “Mobile Economy Sub-Saharan Africa 2020” research report released by the GSM Association (GSMA) to coincide with the GSMA Thrive Africa virtual event.

It consists of an in-depth study that explores the latest data, forecasts and mobile trends for the region.

According to the report, mobile-enabled platforms and services will increasingly disrupt traditional value chains in Sub-Saharan Africa, as it remains the fastest-growing mobile region globally, with 477 million mobile subscribers at the end of 2019.

The additional 137 million subscribers expected over the next five years will take the total mobile subscriber base to just over 614 million, representing around half the population in the region and a CAGR growth rate of 4.3%.

While spectrum availability will promote strong growth in 4G and 5G connectivity over the next few years, 3G mobile connections will continue to dominate the region, says the GSMA.

The report calculates the strong growth in mobile connectivity across Sub-Saharan Africa will generate around $184 billion in economic value contributed to the region’s GDP by 2024.

“The findings from our Mobile Economy Sub-Saharan Africa report clearly show the importance and value of digital connectivity,” says Akinwale Goodluck, head of Africa, GSMA.

“Realising the full potential of a progressive digital future requires an informed policy debate. Governments and policymakers should implement policies to enhance access to connectivity and drive investment in more resilient digital infrastructure for the future.

This is crucial to reactivating the region’s economy post-COVID-19 despite the sizable contribution mobile technologies and services generated in 2019, growing at 9% of regional GDP.”

The COVID-19 pandemic has had a profound impact on the digital landscape around the world, and the mobile industry in Sub-Saharan Africa has largely risen to the challenge of keeping individuals and businesses connected during the pandemic, despite changes in data consumption patterns, the report points out.

However, with nearly 800 million people in the region still not connected to the mobile Internet, it has never been more urgent to close the digital divide, it advises.

Mobile money services, infrastructure and mobile-based content/services, as well as the application of mobile big data for social good, are expected to record the highest rise in the next five years, notes the report.

“The 2020s will see strong growth in the number of Africans connected to mobile broadband. As 4G and 5G grow together throughout the decade to come, spectrum preparation can drive cost-efficiency and promote growth,” according to the GSMA.

“Efficient and effective management of spectrum is also key to maximise the opportunities that mobile connectivity can bring to society. Making sure the required spectrum resources are available under the right conditions will lower broadband costs, increase coverage and boost connectivity.”

In 2018, mobile technologies and services supported almost 3.5 million jobs (directly and indirectly) and made a substantial contribution to the funding of the public sector, with almost $15.6 billion raised through taxation, according a previous report.

As countries increasingly benefit from the improvements in productivity and efficiency brought about by the increased take-up of mobile services, this is expected to significantly boost the informal economy, which accounts for a large part of the mobile ecosystem in Sub-Saharan Africa, notes the GMSA.

Nigeria and Ethiopia will record the fastest growth rates of mobile connectivity, between now and 2025, growing at 19% and 11% respectively, it adds.


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Ndukwe Reveals Secret of MTN’s Dominance Of Nigeria’s Telecoms Space

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Dr Ernest Ndukwe, Erstwhile Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), has been speaking on why foremost telecommunications services provider, MTN, has continued to dominate the Nigerian telecom space like a colossus.

Ndukwe, speaking on Tuesday as a guest at the Virtual Digital Africa VIP Leadership Series powered by Digital Africa, organisers of the annual Digital Africa Conference & Exhibitions, noted that three factors – strong financial position, good management and discipline in terms of managing resources, separate MTN from the rest of the pack.

“I think it is important to say that MTN is a particularly disciplined company right from its roots; it has always been a well-run organization. It has not had the board squabbles of its competitions. Since the first board of MTN (Nigeria), some of the board members just retired last year (2019). Meanwhile, their competitions have had various owners, various quarrels, and various issues,” he said.

Ndukwe, who is the Chairman of MTN Nigeria Board, said that nobody can be blamed for this position as the way organisations manage their affairs translates to the kind of position they occupy in the business environment.

“One thing that people don’t know also is that for the first five years of existence of MTN in Nigeria, it did not pay dividends to its shareholders. They recognized the importance of scale and were pumping in all the earnings, all the profits into building networks. They started building their own microwave links; they started building their own fibre optic links all across the country because it’s a matter of planning.

“Let it be said that technology changes, the best company today might not be the best company tomorrow. A few years ago, Facebook was not on the reckoning but today, is a much bigger company. People might not make it in terms of telecommunications service delivery because in certain countries, there is actually a certain number after which the market gets saturated. There are opportunities in the technology space; all that is needed is for operators to discover them and leverage.

“When Zoom started, no person knew it was going to scale to the level it has now reached; thanks to Coronavirus. People should continue to look for opportunities and niche markets and go there because that’s where they can scale. There are many companies that are doing very well in the financial technology space in the country too.”

Dr. Ndukwe also talked about NITEL, 5G, the Stock Market, companies he admires in Nigeria and the concept of a single African Telecoms network.


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