News
#CVExpo15 Focuses on Africa’s Biggest Technology Market
Technology users, mobile consumers, business professionals, the media, entertainment stars and other delegates, on Tuesday, converged on Lagos at the maiden Computer Village exhibition with focus on the Africa’s largest technology market.
Speakers at #CVExpo15 tagged #OtigbaRising and organized by the Technology Times, were unanimous in their views that players in the market must innovate to leverage the online space and remain relevant in the present era.
Mr. Godfrey Nwosu, president of The Phone and Allied Products Dealers Association (PAPDAN), said that statistics show that over 20 million phones are sold in the Computer Village, monthly.
He recalled that the present location of the market was a residential area until late 1999 or early 2000 when Internet technology became a household name in corporate Nigeria. Knowing that a major industry was about to spring forth, savvy businessmen took position in the most vantage location of Ikeja – Otigba Street to commence trading in IT equipments and devices.
By 2003 a year after GSM services were introduced to Nigeria, computer village had become a household name among Telecommunication users, especially small businesses and end users.
Nwosu, said that several business dynamics are currently impacting the market as it is losing grounds to other African markets.
According to him, to retain the relevance of the market which the National Bureau of Statistics said contributes about 2% to the national GDP, government ought to make deliberate policies to protect local investors and OEMs.
The PAPDAN President said the present foreign exchange impasse also has negative impact on the market comprising of mainly startup businesses.
Nodding in agreement, Mrs. Adenike Shittu, managing director and chief executive officer of Mojoy Computers, said that, before now Computer Village was a toast of other West African markets, but the evolution of online retailers has led to decline of patronage on the customers, couple with neglect by local authorities.
She called on e-commerce retailers to perceive Computer Village operators are credible partners in the computer and electronics distribution chain, hence they are ready to rebrand for better business operations.
But, Ojikutu Adeniyi, principal partner, Pacific Network Solutions Limited, said that solutions to Computer Village revolve around operators in the market creating values to lure customers.
Adeniyi argued that instead of seeking help from either the government or other market segments, operators at the market must embrace technology, close ranks among themselves to create tempo for trust and confidence among visitors.
“We need to embrace the internet. Today, Yudala is taking charge because we do not even have anything like Computervillage.com where people can search and obtain first-hand information about the market. How do we measure our successes and failures? The ultimate thing is to close ranks and maintain standards. By the time people visit computer village and are satisfied, they will try to visit again,” Adeniyi who is a CAPDAN presidential contestant said.
Earlier, Mr. Shina Badaru, chief executive officer of Technology Times, said that the exhibition was converged to showcase the Computer village (Lagos) Nigeria as the computers and computer accessories market with incredible potentials.
He said, “This is the biggest technology market in Africa where you can find a wide array of branded computers and cloned PCs here. The market is also host to a multitude of digital cameras and camera accessories, and mobile phones and accessories. This is market awash with computer technical gurus.
“As the largest technology market in Africa it is usually very busy and rowdy. But it differs greatly from other markets in that it is home to the major dealers of Mobile Phones and computers as well as their accessories. The market was never planned to be what it is so finding your way around it might be problematic if you are a first time visitor.
Interestingly, there is never a dull moment here and must remain relevant as a major contributor to employment generation and wealth creation haven. That is why we want to use these few days to showcase the products and abilities of the market people,” he said.
The three-day expo provides platform for thought leadership sessions with Ikeja Computer Village Business Leaders, among other lined up activities.
INTERPOL’s African Cyberthreat Assessment Report 2026 revealed that Artificial intelligence accounts for 55 per cent of reported cybercrimes across Africa and making attacks faster, more sophisticated and increasingly difficult to detect.
The report warns that the continent’s rapid digital transformation, marked by more than 1.1 billion mobile subscribers in 2025, is being matched by an equally rapid evolution in cybercrime, while fragmented legislation and limited AI readiness among law enforcement agencies continue to weaken responses.
The 40-page assessment, based on survey data from 36 African member countries, said cybercrime has shifted from isolated criminal activity to an industrialised, borderless ecosystem powered by AI.
According to the report, East Africa has become a hotspot for mobile money fraud and ransomware attacks targeting critical infrastructure, while business email compromise (BEC) and romance scams are widespread across Central and West Africa.
Southern Africa, it noted, has become an attractive target for international cybercriminals due to its high level of internet connectivity.
The report also highlighted the growing financial impact of cybercrime across the continent, revealing that losses have more than doubled since 2024, rising from 192 million dollars to 484 million dollars.
It attributed the increase largely to AI-enabled scams, credential harvesting and automated social engineering attacks.
INTERPOL said online scams remained the most commonly reported form of cybercrime in 2025, with criminals exploiting mobile money platforms, social media and AI-generated content to deceive victims.
It added that 72 per cent of surveyed countries reported the existence of scam centres, with the highest concentration recorded in Southern and West Africa.
The report further identified digital sextortion and online harassment as persistent threats, driven increasingly by AI-generated deepfakes and synthetic media.
According to data from TrendAI, one of INTERPOL’s partners, about 600,000 sextortion incidents were detected during the reporting period.
Business email compromise schemes have also become more sophisticated, with AI being used to generate highly convincing email communications.
The report said Africa-based threat actors are increasingly targeting victims in Europe and North America using cyber infrastructure spread across multiple jurisdictions.
INTERPOL warned that the absence of real-time information sharing between banks, telecommunications companies and law enforcement agencies has created significant vulnerabilities in tackling financial cybercrime.
It said cybercriminals are no longer relying solely on stolen credentials but are now creating AI-generated synthetic identities by combining genuine personal information with fabricated details.
These synthetic identities, the report noted, have been used to bypass biometric verification systems, open bank accounts, obtain mobile loans and register SIM cards under false identities.
Neal Jetton, Director of INTERPOL’s Cybercrime Directorate, described cybercrime as one of the most significant criminal threats facing Africa.
“Cybercrime has emerged as one of the most significant criminal threats to the region. AI is automating every stage of a cyberattack from reconnaissance and phishing to extortion and evasion.
“However, we see that when countries work together, cybercriminal infrastructure can be identified, disrupted and dismantled,” he said.
Despite the growing threat, the report highlighted progress in strengthening cybersecurity across the continent.
It disclosed that 17 African countries enacted or amended cybercrime legislation in 2025, while Senegal launched an online reporting platform to improve responses to online offences affecting children.
The report also noted that regional capacity-building initiatives are helping to improve long-term cyber resilience.
INTERPOL said four major cybercrime operations conducted in 2025, Operation Serengeti 2.0, Operation Contender 3.0, Operation Sentinel and Operation Red Card 2.0, resulted in more than 1,500 arrests, the seizure of hundreds of electronic devices and the recovery of over 100 million dollars.
To address the growing threat, the report recommended the adoption of standardised digital forensic capabilities, stronger cross-border collaboration, greater investment in AI literacy for law enforcement personnel and formal public-private partnerships to improve cybercrime prevention, detection and response.
The African Cyberthreat Assessment 2026 forms part of INTERPOL’s African Joint Operation against Cybercrime initiative, funded by the United Kingdom’s Foreign, Commonwealth and Development Office, with data contributions from Fortinet, Mastercard, the Shadowserver Foundation, S2W and TrendAI.
Nigerian students will soon design, assemble, test and fly drones as part of their university education, following a partnership between Miva Open University and Abuja-based defence technology company Terra Industries.
The collaboration comes as Nigeria intensifies efforts to develop indigenous capabilities in advanced manufacturing and defence technology, with both organisations seeking to strengthen Africa’s pipeline of deep-tech talent.
The partnership will see students gain hands-on experience in drone engineering and related technologies through dedicated labs and industry collaboration.
The partners will establish robotics, drone and virtual reality laboratories across Miva’s study centres, beginning with a pilot facility in Abuja.
Students will also gain access to industry-led workshops, research opportunities, internships and mentorship in artificial intelligence, robotics, cybersecurity and autonomous systems.
According to the partners, Terra’s engineering teams will work alongside Miva faculty to integrate hands-on hardware training into academic programmes, exposing students to real-world engineering challenges and building industry experience before graduation.
Nathan Nwachuku, co-founder and CEO of Terra Industries, said Africa’s technological future depends on developing engineers capable of building solutions for local challenges.
“The engineers who will build Africa’s future must learn by building. This partnership creates opportunities for students to work with the technologies shaping modern security, infrastructure and autonomous systems,” said Nwachuku.
Miva Open University said the initiative forms part of its commitment to experiential learning, adding that students will have the opportunity to “design, test and fly drones as part of their academic experience”.
The partnership builds on Terra’s expanding role in Nigeria’s defence technology sector. Earlier this year, the company signed a joint venture with the Defence Industries Corporation of Nigeria to localise the production of drones, robotics systems and cybersecurity infrastructure, supporting efforts to strengthen domestic manufacturing and reduce reliance on imports.
Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.
Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
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