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Gilat Satcom to Offer Seamless Connectivity to Nigerians- Zajicek
Gilat Satcom, an established provider of fibre and satellite connectivity in Africa, has reiterated its keen interest in providing major improvements to its shared service which will provide home users and small offices with the fastest, most reliable and cost-effective satellite connectivity in Nigeria.
Dan Zajicek, Gilat Satcom’s chief executive officer, told Nigeria CommunicationsWeek at a conference in Lagos, that the Company is delighted to be part of the history in providing a re-engineered ground to address Nigeria’s infrastructural woes in the ICT environment.
He said: “The event is about Gilat Satcom’s Telecommunications and ICT activities in Nigeria. As we see it, Nigeria is very advanced and growing very rapidly. In the infrastructure side, there are two layers; the electricity layer, which we know there is a huge investment in the grid. It is good news for everybody on the upgrade of the service. Up on this layer is the telecommunication layer and we in Gilat will like to be part of the influence in the Nigerian market, particularly to ensure reliability.
“Gilat is providing, basically, full turnkey telecommunication solution. It is comprised of fibre and satellite solutions. We have office here in Lagos which harbours a Satellite dish that can provide domestic services”.
Zajicek added that as a subsidiary of world renowned IT Company and have invested in Companies like Wacc, Gilat also has fiber connectivity coming to Nigeria.
“We are working by helping our customers provide full turn-key solutions for connecting remote sites to headquarters. At the end of the day, the target is to ensure service level agreement (SLA), quality service in a very unique and in reliable way. What we are focusing on at this event is the mobile satellite services (MSS), which we are a partner of our worldwide products and other services.
“In this arena, we are selling services like the radio phones; used to connect to satellite in remote areas. We have solutions that you can use to monitor your freight. When you have a GSM, you can use the GSM services, but when you are out of network coverage then it automatically switches to Satellite platform. It covers all the areas, including the hinterlands”.
Speaking on the affordability of the solutions, he said, “We have been operating in Nigeria for over a decade now and are aware of the service and price levels in the market, thus Gilat Satcom has made the solutions to be affordable to all the segments. Sometimes, it depends on how much technology and redundancy plan, can they blend with the solution you are bringing in.
“Regarding the pricing, we have a solution that provides connectivity in a very attractive pricing. If used in a residential area, you can pay in gigabyte consumption and not necessarily buying the whole service. There are the limited and unlimited plans. You can do the uplink via the GSM and the downlink from the Satellite. The combination enables you have affordable value for money; that is quality service in a low cost.
“We are improving on our portfolio in this segment and of course, the governments are where we have a different portfolio. The unique thing is since we know the market, how it feels and as subsidiary in Nigeria, so we keep getting the feedback from the market.
“We are not just concerned on building the portfolio; we are working assiduously to meet the needs of the customers. So, it is like we bring in our solutions and hope the market adjusts to it, however, we know what they want, we know that pricing is very important; we give them the technology that will satisfy their needs in an affordable costs. So, we know how to put the right solution to the right market channel”.
The Company had recently announced the availability of Aguila 3rd Generation following years of R&D by the Gilat Satcom team. Re-engineered from the ground up, the new Aguila service provides customers with:A Fair Access Policy (FAP) which is unmatched across Africa. As part of the FAP, Gilat Satcom’s Committed Information Rate (CIR) is up to 100% higher than the current average in Africa.
As the world marks International Youth Day, attention once again turns to the opportunities and challenges facing young people as they prepare for work, financial independence, and adulthood.
In Nigeria, the urgency is clear. According to UNICEF, about 7% of young people aged 15–24 possess basic ICT skills, highlighting a wider gap in the skills required to participate effectively in an increasingly digital economy.
At the same time, the Federal Government, through the Federal Ministry of Youth Development, continues to prioritize skills development, job creation, entrepreneurship and social inclusion.
For PalmPay, youth empowerment goes beyond corporate social responsibility. It is an investment in the people who will shape Nigeria’s workforce, businesses and economy.
This belief is reflected in initiatives focused on financial literacy, employability, digital skills and access to opportunities.
Through its Graduate Trainee Programme, PalmPay provides young graduates with opportunities to gain workplace experience, develop professional skills and build careers in a fast-evolving industry.
The investment also extends to financial education. Through its NYSC Financial Literacy Programme, PalmPay brings practical financial education to young Nigerians at an important transition point, helping Corps members develop better habits around saving, spending, budgeting and protecting their money.
For young women, Purple Woman provides another pathway to economic empowerment, creating opportunities for internships, learning and professional development while supporting greater female participation in the technology sector.
Speaking on the importance of youth empowerment, Chika Nwosu, Managing Director of PalmPay Nigeria, said: “Nigeria’s young population is one of its greatest assets, but unlocking its potential requires access to the right skills, knowledge and opportunities. At PalmPay, we are committed to equipping young Nigerians to learn, earn and thrive in an increasingly digital economy. We believe that investing in young people today is an investment in a stronger, more inclusive Nigeria.”
These initiatives reflect a broader belief that youth empowerment is most meaningful when young people are given the knowledge, exposure and opportunities to apply what they learn.
A graduate given workplace exposure today can become tomorrow’s business leader. A Corps member who develops sound financial habits can carry those lessons into their career and personal life. A young woman given access to professional opportunities can gain the confidence, experience, and networks to create opportunities for others.
Investing in young people is a great strategy for building a stronger, more productive, and more inclusive economy.
This International Youth Day, PalmPay reaffirms its commitment to investing in young Nigerians and contributing to a broader national ambition where the young population is not just counted, but equipped, employed, empowered, and positioned to lead.
Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.
The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.
The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.
Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.
“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.
Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.
It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.
The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.
The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.
Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.
L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.
Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.
As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.
Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.
He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.
Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.
In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.
Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).
He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.
Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.
“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.
“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”
Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.
“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”
Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.
It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.
Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.
Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.
The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.
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