E-Business
Africa: 2023 Cyberthreats Landscape, Next Year Predictions

By Yusuph Kileo
In recent years, of African countries are working hard to adopt 2030 African digital transformation agenda. Finance, education, agriculture, government, security, and manufacturing, are actively adopting digital technologies and transitioning their operations to online platforms.

As we advance in technology throughout the continent, nations need to remember, cybersecurity and personal data protection are fundamental principles in the implementation of the digital transformation project in order to minimise the challenges that come along with the technology.
The year 2023 was filled with countless cyberattacks across many countries — Some of these attacks targeted critical infrastructure, financial institutions, governments and other companies.
As African countries are now pushing for digital transformation and experiencing rapid economic development, cybersecurity remains a pressing concern for businesses across Africa.
Unfortunately, some of the African countries indicate inadequate security measures to fight off cybercrime, leaving them highly susceptible to cyberattacks — They have weak prevention mechanisms to combat cyber threats and poor intrusion detection systems, thereby placing sensitive transactions at significant risk.
There is an increase in the volume and sophistication of cyberattacks in financial institutions.
According to the 2023 Africa Financial Industry Barometer, 97% of surveyed leaders of financial institutions in Africa rank cybercrime and regulatory constraints on cybersecurity as the leading threat to the financial services industry alongside worsening economic conditions.
These massive cyberattacks in the region threatens the security of the growing economy and critical infrastructure.
MTN Nigeria, lost $53 million from its mobile money service which forces them to sue several banks in the Nigeria, financial institutions and e-citizen portal where halted by distributed denial of service attack in Kenya, South Africa there is an increase in backdoor and spyware attacks with an alarming 106,000 recorded attempts.
There are many similar cybersecurity incidents in other African countries and there is a need of urgent action to strengthen protection measures.
Failure to counter cyberthreats can have serious consequences for individuals, businesses and the socio-economic development of the continent.
Africa is not alone in this, In September alone other part of the world experience massive cyberattacks — To mention few notable cyberattacks; On September 6, the travel booking company Sabre experienced a serious ransomware attack where by 1.3 terabytes of data were stolen by Dunghill and just few days letter, on September 11th another ransomware attack on save the children lead to the loss of 6.8 terabyte of data and entertainment company MGM Resorts also suffered a cyberattack which was made public on X saying that the security incident severely impacted its business operations.
The following day on September 12, Hong Kong-based cryptocurrency exchange platform, CoinEx, saw the loss of US$70 million in cryptocurrency following a cyberattack launched against it.
In 2023, the most common cyberthreats in Africa includes Insider threats, Social Engineering, Software update supply chain attacks, Phishing attacks, Mobile malware, online shopping fraud, Ransomware, Man-in-the-middle (MitM) attack, Cryptojacking attacks, IoT botnet DDoS attacks and Malware attacks among others.
According to the year 2023 Positive technology report, the most targeted organizations with cyberattacks were those in the financial sector (18%), followed by telecommunications companies (13%), government agencies (12%), and organizations from the trade (12%) and industrial (10%) sectors.
The impact brought by these growing cyberattacks includes, Loss of customer/business, Loss of organisation critical data, Threat to organisation/National Security, Damage of goodwill and Reputation, Loss of Revenue — Economic Losses, Temporary or permanent closure, Lawsuits and arbitrations, Danger of terrorism, Time wastage and System down time — reduce productivity.
2024 cyberthreats prediction
Many report shows Africa being the most targeted region with cyberattacks, the year 2024 new techniques of cyberattacks will likely emerge, such as the increase in AI usage, hacktivism and targeting of smart home tech.
New botnets and rootkits will also likely appear, and hacker-for-hire services might increase, as will supply chain attacks, which might be provided as a service on cybercriminals’ underground forums.
According to Kaspersky, Advanced Persistent Threats (APT) is expected to expand surveillance efforts to include more smart home technology devices, such as smart home cameras and connected car systems.
This is particularly interesting for attackers because those devices are often uncontrolled, not updated or patched and subject to misconfigurations. This is also a concern because more people work from home nowadays, and their companies could be targeted via weak points in the home worker devices.
More hacktivism is expected affect many parts of Africa. Hacktivists will run Distributed Denial of Service attacks, increasingly use tools for Deepfakes and impersonation/disinformation. In addition, destructive and disruptive operations can be done. T
he use of wipers in several current political conflicts or the disruption of power in Ukraine are good examples of both types of operations.
Cybercriminals are also expected to develop new methods for automating cyberespionage. One method could be to automate the collection of information related to victims in every aspect of their online presence: social media, websites and more, as long as it relates to the victims’ identity.
State-sponsored cyberattack numbers also have the potential to surge, amid increasing geopolitical tensions. These attacks will likely threaten data theft or encryption, IT infrastructure destruction, long-term espionage, and cyber-sabotage.
The generative AI tools usage will increase, this will facilitate the mass production of spear phishing email content, which is often used as the initial vector of infection when targeting organizations. The messages written by the tools are more persuasive and well-written compared to the ones written by cybercriminals. It might also mimic the writing style of specific individuals.
The widespread use of technology, combined with insufficient cybersecurity measures, lack of right skillset, inadequate legislation in the field of information security, and a low level of public awareness concerning information security, creates favorable conditions for cybercriminals. Moreover, many African countries are facing economic constraints, making it difficult to allocate sufficient funds for cybersecurity.
African governments must develop, implement and regularly update national cybersecurity policies and strategies, involving a wide range of stakeholders in the process.
Establishing a dedicated national institution (Cybersecurity authority) to coordinate cybersecurity activities, respond to cyber incident, monitor threats and help organizations recover from major cyberattacks should be a top priority for governments.
Governments should work on creating and implementing legislation for the protection of personal data. This legislation should combat cybercrime, guarantee the protection of personal data, and maintain the digital security of citizens and organizations.
Regular cybersecurity awareness should be conducted. People should be educated on potential privacy risks when working in virtual environments.
Governments should identify critical information infrastructure, disruption of which could cause non-tolerable events at the level of industries and countries.
Collaboration between governments and industry peers is also recommended to enhance collective defense against cyberattacks and exchange best practices and thoughts.
Organisations should implement best practices in safeguarding personal and corporate data.
Organizations should have an up to date incident response plan that will help in case of cyberattack. The plan should contain steps to take, as well as a list of people and services to reach in case of emergency. This plan should be regularly tested by conducting attack simulations.
Network segmentation might limit an attacker’s exploration of compromised networks. Critical systems in particular should be totally isolated from the rest of the corporate network.
Establishing continuous vulnerability assessment and triage as a basement for effective vulnerability management process
Implementing strict access controls is highly recommended. The principle of least privilege should always be in use for any resource. Multifactor authentication should be deployed wherever possible.
Mr Yusuph Kileo is an award-winning Cyber security and Digital Forensics Expert
E-Business
GenAI Adoption Among African workers Outpace Global Peers

Africa’s workforce is embracing artificial intelligence (AI) at a faster pace than global peers, but pressure is mounting for organisations to ramp up digital skills development as generative AI (GenAI) begins reshaping roles across industries.

This is according to PwC’s Global Workforce Hopes and Fears Survey 2025, which shows a continent ready for AI-enabled transformation, but facing a narrowing window to prepare, through skills development initiatives.
The survey, covering nearly 50 000 workers worldwide and 1 753 across South Africa, Algeria, Kenya, Morocco and Nigeria, finds that African employees are already integrating AI into daily operations.
Sixty-four percent of respondents in Africa used AI tools in the past year, compared to 54% globally, and the sentiment is overwhelmingly positive. While only 17% report using GenAI every day, confidence in its benefits is high: 76% believe GenAI improves work quality, and 72% expect AI-driven productivity gains within three years.
In SA, executives are even more bullish, as 91% say AI has already lifted both productivity and work quality — a signal that leadership is pushing harder toward AI-enabled ways of working, notes the survey.
However, this optimism is coupled with rising concern about future readiness. Only 35% of African workers believe their skills will still be relevant three years from now. With GenAI expected to affect nearly half of all job roles, PwC warns that the continent’s workforce risks falling behind unless organisations accelerate large-scale reskilling.
Despite the pressures, employees are not standing still. PwC notes that African workers outperform their global peers in proactive learning, recording 15% higher participation in skills-building and receiving 6% more support from managers. This indicates that both workers and immediate supervisors recognise the pace of AI adoption and are pushing to adapt.
PwC Africa people and organisation leader, Dr Dayalan Govender, says the moment calls for decisive leadership. Organisations, he argues, must integrate AI into workforce strategies, accelerate digital adoption, and expand upskilling programmes at scale.
“Africa’s workforce is optimistic and ready for change, but leaders must accelerate digital adoption and invest in future-ready skills to convert this optimism into sustainable growth,” he says.
Beyond the technology shift, the survey captures a workforce hungry for growth but constrained by financial pressure. Many employees are preparing to make career moves: 45% plan to request a raise, and another 45% aim for a promotion in the next year. Yet household financial stability remains strained, with only a third of respondents reporting any money left over for savings.
Still, Africa’s workplaces continue to show strong foundations of trust and purpose — elements PwC believes will be critical in navigating GenAI disruption. More than 55% of workers trust management, and two-thirds say their work feels meaningful, both above global averages.
With AI adoption rising and employees motivated to reinvent their careers, PwC warns that the coming years will determine whether Africa’s early optimism translates into long-term competitiveness as GenAI transforms the world of work.
The report calls for embedding AI into workforce strategies to bridge the gap between optimism and practical adoption, scaling upskilling initiatives to prepare for GenAI disruption, and fostering trust and psychological safety to retain talent and drive innovation.
“For employers, these findings are a stark reminder that they can and should do more to help workers understand, adopt, and embrace AI’s transformative power.
“Employers may need to pay special attention to entry-level workers, nearly a third of whom say they’re worried to a large or very large extent about AI’s impact on their future, even as they’re also curious (47%) and optimistic (38%) about its long-term societal effects,” notes the report.
E-Business
Nigeria Records Highest Weekly Cyberattacks in Africa — Report

Nigerian organisations are facing the highest volume of weekly cyberattacks in Africa, according to the newly released African Perspectives on Cyber Security Report 2025 by Check Point Software Technologies Ltd., a global leader in cybersecurity solutions.

The report revealed that Nigerian firms experience an average of 4,200 attacks per week, significantly higher than the continental average of 3,153 and 60 per cent above the global average of 1,963 attacks per organisation.
The findings highlight a sharp rise in attacks across Africa, driven largely by artificial intelligence-enabled threats.
Kingsley Oseghale, country manager for West Africa at Check Point, said attackers are increasingly using AI to automate phishing, impersonation, and cloud exploitation.
“AI has become part of the attack surface,” Oseghale said. “Attackers are using it to automate phishing and identity theft at scale. The only effective response is prevention-first security that combines visibility, governance, and AI protection.”
The report noted that cybercriminals are exploiting exposed identities and misconfigured systems to target critical sectors, including finance, energy, telecoms, and government.
Identity-led intrusions, AI-generated phishing campaigns, and multi-vector ransomware are on the rise.
Across the continent, Check Point identified key trends in different markets. Nigeria is experiencing business email compromise and cloud exploitation; South Africa faces rising ransomware, smishing, and botnet infections such as Vo1d and XorDDoS; Kenya has seen ransomware targeting critical energy infrastructure; and Morocco has experienced coordinated government and education-sector disruptions via DDoS and website defacement attacks.
The report highlights five major shifts shaping Africa’s cyber risk in 2025.
Traditional ransomware has evolved into data-leak extortion, AI-generated deception is widespread, and identity has emerged as the new security perimeter.
Weak cybersecurity, the report warned, can now affect international market access under regulations such as the EU’s NIS2 Directive, making digital resilience an economic necessity.
The study urged African businesses and governments to adopt prevention-first security strategies, including continuous risk assessment, regulatory readiness, and public-private collaboration.
Oseghale emphasised that, as AI reshapes operations, cybersecurity must shift from reaction to prediction.
“The real challenge is not adopting new technology but securing the trust that underpins it,” he said.
E-Business
Jumia’s Data Shows Nigerians Turning to Digital Retail to Navigate Inflation Pressures

As Black Friday 2025 unfolds across Nigeria, new insights from Jumia’s Q3 2025 financial results reveal that more Nigerians are relying on digital retail to navigate inflation and rising living costs.

The data points to a more deliberate, value-driven shopper, one using online platforms to stretch budgets, compare options quickly, and extract more value from each purchase.
Jumia reported a 30 percent year-on-year increase in physical goods orders, while Gross Merchandise Value for physical goods rose by 43 percent.
This stronger GMV growth highlights a clear behavioural shift: consumers are assembling higher-value baskets by combining essentials with premium or long-term household items. Online retail is serving as a tool for strategic planning, not just convenience.
According to Temidayo Ojo, Chief Executive Officer of Jumia Nigeria, Black Friday now plays a more critical economic role. “Households are using digital retail to defend purchasing power. They plan their lists, compare prices instantly, and rely on the reliability and convenience that e-commerce offers,” he said.
This year’s Black Friday trends show growing demand in categories that directly support daily living. Household essentials and FMCG products are seeing significant uptake as families stock up during price drops. Home and kitchen equipment is also experiencing stronger demand as shoppers prioritise practical, durable tools. Affordable fashion and beauty products are gaining momentum as discounts make them more accessible.
Consumer behaviour in the lead-up to the sales period further reinforces this shift. Jumia recorded a notable increase in “Add to Wishlist” and “Add to Cart” activity, signalling more planning and fewer impulse purchases. The gap between GMV and order growth indicates that customers are optimising baskets using bundles, vouchers, and promo combinations, behaviours uniquely suited to digital platforms.
With inflation intensifying the need for smarter buying, trust markers on Jumia, such as verified sellers, official brand stores, ratings, and clear return policies, are becoming more central to decision-making. Authenticity and durability now outweigh the appeal of the lowest price.
Jumia’s logistics footprint is making these benefits available nationwide. Its 30,000 sqm Isolo fulfilment centre, 480 pickup stations, and 62 logistics partners ensure that customers in secondary and peri-urban cities enjoy the same deals as those in major hubs, reducing travel burdens and adding financial value.
Overall, Jumia’s Q3 data and Black Friday trends show that Nigerians are turning to digital retail as a practical, strategic response to inflation, using e-commerce to manage budgets, preserve purchasing power, and make more informed buying decisions.
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