Telecom
Heficed the Global Cloud Solutions Provider Hosts its Platform at Rack Centre

Heficed, the global technology company providing bare metal and cloud services, that foster true long-term relationships with its customers across several industries, announces the hosting of its infrastructure in Rack centre, the Lagos, Nigeria based Tier III carrier neutral state of the art data centre offering colocation, content distribution, interconnect and cloud services.
Mr Vincentas Grinius, Heficed CEO & Co-Founder said, “There is huge demand potential in Nigeria, for the kind of services we render, with the highest GDP in Africa, accelerating broadband penetration, young population and 45 million SMEs – a full-suite infrastructure platform that enables growing businesses to effortlessly scale through one platform to meet compliance, security concerns, digital transformation need, and achieve business efficiency. The improving ease of doing business is encouraging for success.”
Founded in 2008 Heficed was carefully built to create high value infrastructure solutions and to change the way companies and government organisations order, lease, deploy IP addresses.
“Launching a new server location in Lagos as another location in our global architecture in a leading carrier neutral data centre is essential to ensure top quality performance and value to the major business areas in Africa and the globe.
“The comprehensive connectivity and geophysical location of Rack Centre enables the provision of our high quality services to realise the market potential not just in Nigeria, but the West African region.”
Rack Centre recently set aside a 100 Million USD, out of the 250 Million USD that Actis, the UK based equity firm which took a controlling stake in the data centre had earmarked for its data centre funding in Africa, for an expansion programme that will significantly increase its capacity and bring an unprecedented and the largest carrier neutral state of the art data centre to West Africa.
Dr Ayotunde Coker, Managing Director of Rack Centre says it is a pleasure to welcome Heficed to its breadth and depth of quality clients.
“We are confident that Heficed and its customers will continue to enjoy the excellent range of carrier neutral services that Rack Centre offers. We will be providing Heficed Tier III Constructed Facility Certified quality with a direct connection to the Internet Exchange Point of Nigeria, over 40 of the major carriers and ISPs and all five undersea cables serving the South Atlantic coast of Africa.
“With every country on the Atlantic coast of Africa directly connected we offer Heficed and its customers’ unequalled low latency connectivity and performance in the region. We are cloud neutral and will reinforce Heficed’s success, not compete with it.”
Telecom
MTN Nigeria Unveils CPaaS Platform to Transform Business Communication

At the recently concluded NextNow Business Forum in Victoria Island, MTN Nigeria electrified the business community with a live demonstration of its forthcoming Communication Platform as a Service (CPaaS), a solution engineered to redefine how Nigerian enterprises connect with their customers.
Unlike traditional communication systems, MTN’s CPaaS is built for the realities of a mobile-first market. The platform unifies SMS, voice, WhatsApp, email, and more into a single, intuitive interface. This approach is especially significant in Nigeria, with over 107 million internet users, 45.4% of the total population, according to Data Report. This figure underscores the necessity for businesses to meet customers where they are.
During the demo, attendees witnessed how CPaaS enables two-way, real-time conversations between brands and customers. The platform’s support for rich media, instant analytics, and seamless integration with business workflows drew particular attention. These features are designed to empower businesses with data-driven insights and the agility to personalise every interaction, whether it’s a service notification, marketing campaign, or customer support exchange.
Akinbulejo Onabolu, Head of Enterprise Segment at MTN Nigeria, articulated the vision: “CPaaS gives enterprises the flexibility to interact with their customers on their preferred platforms; whether it’s chat, voice, or messaging, in a way that feels personal and immediate. We’re looking forward to the value this will unlock for businesses across industries once it launches.”
The fireside chat added depth to the conversation, with Omowunmi Olatunbosun, Head of SME Segment at MTN Nigeria, and Stephen Agbi of Bayobab, highlighting how digital engagement bridges the gap between businesses and audiences.
They emphasised that today’s consumers demand immediacy, relevance, and ease, qualities that CPaaS is built to deliver.
The stakes for digital transformation in Nigeria are high. In a report by Punch, the country’s enterprise tech market is projected to reach $22 billion by 2027, reflecting a surge in demand for scalable, cloud-based solutions that drive efficiency and customer loyalty.
The CPAAS Acceleration Alliance have estimated that globally, the CPaaS market is expected to grow from $14.7 billion in 2025 to $72.4 billion by 2035, at a compound annual growth rate of 18.4%, a testament to the platform’s transformative potential.
The event’s closing keynote from META’s Korhan Yunak reinforced the strategic value of digital channels like WhatsApp, which are now indispensable for business communication and engagement at scale.
As MTN Nigeria prepares for the Q3 2025 launch, the anticipation is unmistakable. With its promise of flexibility, intelligence, and seamless integration, MTN’s CPaaS platform is set to become the backbone of next-generation business-customer engagement in Nigeria, enabling enterprises to not just communicate but to connect, adapt, and grow in a digital-first era.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Telecom
Netflix Expands European Presence with €1 Billion Investment in Spain

Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
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