Telecom
Bharti Airtel, Owners of Airtel Under Financial Pressure

S&P Global Ratings has stated that Bharti Airtel’s dilution of a roughly 28% stake in its Africa unit will ease some pressure on the rating of the telco, but warned that a risk of a downgrade remains unless its financial parameters improve over 12-18 months.
“Despite the reduction in leverage, we continue to see risk of a downgrade if the business performance of Bharti (BBB-/Negative/) does not improve in line with our expectation over the next 12-18 months, such that the ratio of funds from operations (FFO) to debt remains below 20%,” S&P said.
Earlier in the week, Bharti Airtel’s Africa unit said it is raising $1.25 billion by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel and SoftBank Group International in the first part of a two-stage fund raising exercise aimed at paring debt.
The second stage is an IPO of the Africa unit likely on the London bourses through which the company plans to raise a similar amount, again to reduce its debt. Airtel will dilute over 28% stake, to around 65%, in its Africa unit via the pre-IPO share issue.
The company has faced huge pressure on revenue and profits over the last couple of years in India, due to a brutal price war aggravated by the entry of Reliance Jio Infocomm in September 2016.
The Airtel stock was down 6% to close at Rs297.65 in mid-day trade on the BSE Thursday. It had gained nearly 11% a day before, on the Africa fund raising news.
“Risk to the improvement includes a competition-induced decline in profitability of its India wireless business as well as a sharp depreciation in the Indian rupee (INR). Rupee depreciation will result in a higher translated foreign currency debt and push up Bharti’s capital expenditure,” S&P said. It added however that the higher translated foreign currency debt will largely be a non-cash adjustment.
Telecom
Google Rolls Out Search Live AI to 200+ Countries, Including Nigeria

Google has launched its Search Live feature globally to over 200 countries, including Nigeria, where AI Mode is available, enabling voice-and-camera conversations in users’ preferred languages.

Powered by the new multilingual Gemini 3.1 Flash Live model, it delivers natural, real-time interactions via the Google app on Android or iOS—tap the Live icon under the Search bar.
Ideal for hands-free help, users can speak queries for audio replies, follow-ups, or web links. Camera integration adds visual context, like troubleshooting a shelving unit, or pairs with Google Lens for real-world chats.
From the app or Lens, Nigerians can now explore, learn, or solve tasks instantly, boosting everyday productivity worldwide.
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.
General News2 days agoNCC to Curb SIM Fraud, Strengthen Digital Security with New Platform
Broadcasting2 days agoNBC Boss Urges Content Ceators to Participate in DSO
General News2 days agoKidnappers Now Use Banks to Collect Ransoms — Expert
E-Financial2 days agoCBN Says Bank Customers Won’t Lose Deposits because of Recapitalisation
E-Financial2 days agoBreaking…..Kuda Lays Off Many Employees in Broad Restructuring
E-Business2 days agoJury Finds Meta, Google Liable for Woman’s Social Media Addiction
News2 days agoFrancis Okafor Stuns China, Emerges Second-Place Winner @ Tencent OpenClaw Hackathon
Telecom2 days agoIFC Invests $45m to Green African Telecom Sites














