E-Business
IBM Boss Says “New Collar” Jobs to Transform Skills Market

Africa has approximately 200 million people between the ages of 15 and 24. By 2040, the continent is expected to be home to the world’s largest labor force, with an estimated working age population of 1 billion.
Meanwhile, the Continent’s economies grapple with economic development challenges and the quest for growth and a new social order driven by technology, they will also need to make corresponding qualitative investments in their abundant human resource – or skills markets.
But, IBM boss has identified “new collar” jobs as the transformational.
The Continent’s economies continue to struggle with numerous development challenges and opportunities, underpinned by shifting commodity trade flows, global realignment of capital flows and the emergence of a new class of businesses and citizens keen on exploiting the latest technology tools and trends.
There is also a growing awareness that successive generations of Africans will need new skills sets which will enable them to compete globally.
This local-to-global mindset exists in Africa as well as in societies grappling with social and economic development across the world.
Analysts have referred to this trend as the arrival of economic globalization. Whether we realize it or not, economic globalization is real.
It brings with it advanced technologies, global value chains and pent up demand for a new caliber of technology-aware, mentally agile work force.
A raft of public and private sector initiatives seem poised to radically change the way companies calibrate job specifications and engage the job market for requisite skills and competencies.
Dipo Faulkner, IBM’s country general manager for West Africa said IBM’s new “Digital – Nation Africa” initiative is a direct response to this unfolding scenario, as it seeks to transform Africa’s skills landscape, beginning with the fast-growing economies of Nigeria, South Africa, Kenya, Egypt and Morocco.
Findings by Nigeria CommunicationsWeek, has also revealed that Ghana, Mozambique and Mauritius will also be rolling out versions of this ground breaking initiative next year.
“You’ve obviously heard about white collar jobs, and blue collar jobs. This traditional classification was probably sufficient for the old era of work and industrialization. We are now in the new era of the knowledge-based economy and this unfolding era requires new skills sets, something we like to refer to as new collar jobs,” Faulkner says.
“New Collar” is a term used by IBM to describe new kinds of careers that do not always require a four-year college degree but rather sought-after skills in cybersecurity, data science, artificial intelligence, cloud, and much more.
Faulkner explained that as part of IBM’s global agenda to build the next generation of skills required for the “new collar” careers, IBM is investing $70 million in much-needed digital, cloud, and cognitive IT skills to help support Africa’s 21st century workforce.
The initiative will provide a cloud-based learning platform designed to provide free skills development programs for up to 25 million African youths over five years, enabling digital competence and nurturing innovation in Africa.
“Investing in human capital development and equipping the work force with relevant skill sets for fast changing world of work is crucial for economic growth,” Faulkner said. “In Nigeria, specifically, IBM will be partnering with government bodies and agencies, institutions in academia, civil society, technology incubators and development agencies including the United Nations Development Program (UNDP), which has a special focus on fostering market-driven ICT skills in Africa and the Middle East.”
From all indications, the IBM initiative aligns with and supports the Nigerian government’s social investment programs, as outlined in the proposed 2017 fiscal budget. The Nigerian authorities plan to create jobs for 350,000 unemployed graduates as well as 50,000 non-graduate youths who will be engaged as artisans and in other creative fields.
This plan is under the N-Power Volunteer Corps, a component of the government’s Social Investment Programme. Of the N157.75bn reportedly being appropriated for the N-Power Volunteer Corps scheme in the 2017 budget, N4.5bn is expected to be earmarked for science, technology, engineering and mathematics program to support young Nigerians in building skills in those disciplines.
IBM’s big picture perspective is that for the youth of Africa to be able to benefit from a cognitive future there needs to be a much higher level of digital literacy. The global technology firm says that at the top of the skills pyramid are developers, who need to know how to create solutions that can leverage the power of cognitive, and entrepreneurs who are aware of marketplace opportunities and potential.
Experts in technology and academia say that the “IBM Digital – Nation Africa” scheme should help raise the continent’s overall digital literacy, increase the number of skilled developers able to tap into cognitive engines and enable entrepreneurs and would be entrepreneurs grow businesses around the new solutions.
Through a free, cloud-based online learning environment delivered on IBM Bluemix, the premier cloud platform for business, the initiative will provide a range of programs from basic IT literacy to highly sought-after advanced IT skills including social engagement, digital privacy, and cyber protection.
Advanced users will be able to explore career-oriented IT topics including programming, cybersecurity, data science and agile methodologies, as well as important business skills like critical thinking, innovation, and entrepreneurship. The initiative aims to empower African citizens, entrepreneurs, and communities with the knowledge and tools to design, develop, and launch their own digital solutions.
IBM’s latest skills initiative for Africa will provide access to thousands of resources, in English, free of charge, including: Ready-to-use mobile apps; Guides – web guides, demonstrations, interactive simulations, video series, and articles; Online Assessments – A range of self-assessment tests to track the progress of individuals, together with industry recognized ‘Open Badges’ aligned to digital competencies.
The badges can then be shared with prospective employers: Volunteers – Creation of a volunteer program to support and promote digital literacy within their communities and App Marketplace – Provision of a platform on which new applications can either be made freely available or sold.
Faulkner was exchanging views with tech industry experts and media at IBM’s Client Innovation Center in Lagos, Nigeria’s commercial hub.
“The demand for new collar skills will continue to grow, and we need to increase the number and nature of opportunities made available to workers,” he said.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.
Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.
Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.
The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.
Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.
He said safeguarding critical infrastructure from terrorist threats has become unavoidable.
Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.
The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.
Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.
With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.
While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.
E-Business
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

Kaspersky Security Bulletin reviews what shaped telecom cybersecurity in 2025 and what is likely to persist in 2026. Advanced Persistent Threat (APT) activity, supply-chain compromise, DDoS disruption and SIM-enabled fraud continued to pressure operators in 2025, while newer technology deployments introduce additional operational risk.

In 2025, telecom operators faced four broad threat categories. Targeted intrusions (APTs) continued to focus on gaining stealthy access to operator environments for long-term espionage and leverage through privileged network positioning.
Supply chain vulnerabilities remained an entry point: telecom ecosystems rely on many vendors, contractors and tightly integrated platforms, so weaknesses in widely used software and services can provide a path into operator networks. Finally, DDoS remained a practical availability and capacity problem.
Kaspersky Security Network showed that last year, between November 2024 and October 2025, 12,79% of users in the telecommunications sector encountered web threats and 20,76% faced on-device threats. 9,86% of telecom organisations worldwide experienced ransomware.
At the same time, the telecommunications sector is moving from rapid technological development to broad implementation — and the report argues that this shift creates new opportunities and new operational risks for 2026.
Kaspersky highlights three areas where technology transitions could introduce disruption if rolled out unevenly or without strong controls: AI-assisted network management, where automation can amplify configuration errors or act on misleading data; post-quantum cryptography transitions, where rushed deployment of hybrid and post-quantum approaches could cause interoperability and performance issues across IT, management and interconnect environments; and 5G-to-satellite integration (NTN), where expanding service footprints and partner dependencies introduce new integration points and potential failure modes.
“The threats that dominated 2025 — APT campaigns, supply chain attacks, DDoS floods — aren’t going away. But now they intersect with operational risks from AI automation, quantum-ready cryptography, and satellite integration.
Telecom operators need visibility across both dimensions: maintaining strong defences against known threats while building security into these new technologies from day one. The key is continuous threat intelligence that spans from endpoint to edge to orbit,” said Leonid Bezvershenko, senior security researcher at Kaspersky Global Research & Analysis Team.
E-Business
Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

Kaspersky analysed phishing and scam campaigns observed from January through September 2025 and found that 88.5% of attacks globally sought credentials for various online accounts.

Another 9.5% targeted personal data such as names, addresses, and dates of birth, while 2% focused on bank card details.
According to data from Kaspersky, over 38 million phishing links were clicked in Africa in the previous year (from November 2024 to October 2025) – all of which were detected and blocked by Kaspersky solutions.
Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake websites where they unwittingly surrender their login credentials, personal information, or bank card details.
Kaspersky research shows that most phishing pages transmit stolen information via email, Telegram bots, or attacker-controlled panels, before it enters underground resale channels.
Data stolen through phishing is rarely used only once: credentials from multiple campaigns are consolidated into data dumps and sold on dark web markets, in some cases for as little as $50. Buyers sort and verify the data to check whether accounts remain active and reusable across different services.
According to Kaspersky Digital Footprint Intelligence, average 2025 prices ranged from $0.90 for global Internet portals to $105 for crypto platforms and $350 for online banking access. Personal documents such as passports or ID cards sold for about $15 on average, with pricing influenced by account age, balance, linked payment methods, and security settings.
As datasets are enriched and combined, attackers can build detailed digital profiles that may later support targeted attacks on executives, finance staff, IT-administrators or individuals with valuable assets or personal documents.
“Our analysis shows that credentials account for nearly 90% of phishing attempts. Once collected, logins, passwords, phone numbers, and personal details are aggregated, checked, and resold, sometimes years after the initial theft.
Combined with new information, even old credentials can enable account takeovers and targeted attacks against both individuals and organisations.
By leveraging open-source intelligence and old breach data, attackers can craft highly personalised scams, turning one-time victims into long-term targets for identity theft, blackmail, or financial fraud,” said Olga Altukhova, senior web content analyst at Kaspersky.
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