E-Business
Imo State @ #StartupSouth5 Uyo, Seeks Broadband Connectivity Partnership to Deepen Digital Economy

Imo State Government is exploring possibilities to deepen broadband connectivity across the state, according to Nze Meekam Mgbenwelu, the state commissioner for Technology Development.
Mgbenwelu, stated this while speaking at the just concluded #StartupSouth5 Conference in Uyo, Akwa Ibom State capital.
#StartupSouth, Startup/Entrepreneurship ecosystem development project with a mission to educate, connect and attract investment to Startups in the South-South and South-East of Nigeria.
He said the ministry will initiate moves to replicate what MainOne had done in Edo, Ogun and Lagos in his state.
He reeled out what he described as ‘modest achievements’ of the current administration in Imo State to include – training of about 240 girls/women in coding (in partnership with Microsoft), training of over 5,000 Imolites in basic FinTech and the ongoing conversation with Google to make the state the Digital Economy capital in the South-East.
Speaking earlier in a keynote speech during the closing ceremony of the weeklong event, Ms. Funke Opeke, MainOne’s CEO, had highlighted the importance of broadband to economic development and stressed why Governments across Nigeria should pay attention to enabling broadband across their domains.
Quoting a World Bank report, she said “10% in broadband penetration would increase GDP per capita growth by 1.38%” and encouraged them to embrace creative approaches towards achieving the broadband goal while using her company’s deal with Edo and Ogun State as an example.
Responding to a question on why she attended the conference, Ms. Opeke opined that, “a tree can’t make a forest” and explained that “it is important for other states and regions in Nigeria to take advantage of the opportunities the digital economy provides because only then will Nigeria be able to maximise her true potential and attain assured prosperity for her citizens”.
Earlier, in a speech to declare the conference open, Dr. Iniobong Essien, commissioner for Science and Technology, Akwa Ibom State, said that the Government of Dr. Emmanuel Udom is interested in developing technology, while industrialising the state.
Also in a keynote titled, ‘Domesticating the Digital Economy’, Mr. Chinenenye Mba-Uzoukwu (Founding Partner, InfoGraphics and former Manager, West Africa, Microsoft) advised the South-South and South-East Governors to pursue regional collaboration. This he said will help to open up the opportunities in the region.
The 2019 edition of #StartupSouth conference featured over 100 speakers in 60 parallel sessions. The sessions covered six broad focus areas – Business, Technology, Lifestyle, Personal Development, Funding, Policy – which are geared towards providing participants the requisite intelligence needed to drive their businesses.
In his own remark during the ‘Doing Business in the South-South-East’ session, Sunkanmi Oriyomi, regional manager, South-South, at the Bank of Industry Ltd said that Startups can secure up to 10-million-naira loan through the Bank of Industry, without collateral.
Jay Alabraba, co-founder of Paga and an active angel investor, in his remarks during a fireside chat advised startups to focus on solving real problems and they would always find support. He also said that Paga was very proud to sponsor #StartupSouth5 because of the importance of the project to the region and Nigeria as a whole.
Reiterating Mr. Yinka Ogunnubi’s call in an earlier keynote, Salami Abolore, the CEO of Riby – a Cobanking platform for cooperatives, advised founders to explore Cooperative as an alternative source of funding stressing that there’s a lot of opportunity in the space that’s untapped.
Also speaking, vertran Nollywood Actress Shan George urged Nigerians to believe in Nigerian doctors. She narrated how she went against popular advice and placed her fate in the hands of Nigerian doctors at Brain and Spine Surgery, Abuja during her bout with Lumbar Spondylosis.
Dr. Abiodun Ogubo, founder of Brain and Spine Surgery, Abuja and Dr. Ubon Ekpene, Consultant Neurosurgeon, University of Uyo Teaching Hospital, in their separate speeches lamented that Nigerians are making needless foriegn medical trips (otherwise known as Medical tourism) for issues that can be handled by Nigerian Doctors in Nigeria.
Other notable personalities that graced the event include Her Excellency, Barr (Mrs) Obioma Liyel Imoke, Wife of the Former Governor of Cross River State, vertran Cartoonist and Editor at BusinessDay – Mike Asuquo, Peace Anyiam-Osigwe – founder of Africa Film Academy and host of African Movie Awards – who spoke on “Unlocking the creative Goldmine in your Neighbourhood discussing opportunities in the movie and creative industry for young Nigerians in the region.
Others are Engr. Edward Onwule Jnr., Senior Special Adviser to Abia State Governor on ICT, Ukinebo Dare, Senior Special Adviser to Edo State Governor on Job Creation, Chief Agu Ojukwu – CEO, Tiger Consulting, Chinenye Mba-Uzoukwu (who gave a keynote on Domesticating the Digital Economy), Mark Essien – Founder of Hotels.NG
The theme of this year’s conference was “Unlocking the Next 60 Million People” and it explored Making Broadband Accessible & Affordable.
In a statement, Uche Aniche, the Convener of #StartupSouth called on founders in the region to see the Eleven States as their primary market noting that there are about 60 Million People. He opined that doing this will help them attract support to scale across Nigeria and ultimately, Africa and the World. He also called on State Governments in the region to embrace #StartupSouth Conference as a platform to engage not only the organised Private Sector but the youths to feel their pulse. He said that the next edition of #StartupSouth will hold in a City where the State Government is willing to partner with the project.
The Conference saw a pitch by KR Foods – A palm oil processing startup led by Amajuoyi Ikechukwu Kingsley and GreenBox – a modular solar-inverter box for powering SMEs led by Innocent Unachukwu. KR Food won the Prize money of 150,000 Naira provided by Ibom LLC and currently undergoing talks with members of the SSE Angel Network for a possible investment. The two teams will benefit from WhogoHost’s hosting services as part of the Prize.
The Conference was supported by Facebook, MainOne, Paga, Ventures Platform, Riby, Bank of Industry, Hotels.ng, Ibom Hotels & Golf Resort, Goge Africa, Yadel Communications, BellaNaija, ConnectNigeria, Signal Alliance, TechCircle and several others.
E-Business
GenAI Adoption Among African workers Outpace Global Peers

Africa’s workforce is embracing artificial intelligence (AI) at a faster pace than global peers, but pressure is mounting for organisations to ramp up digital skills development as generative AI (GenAI) begins reshaping roles across industries.

This is according to PwC’s Global Workforce Hopes and Fears Survey 2025, which shows a continent ready for AI-enabled transformation, but facing a narrowing window to prepare, through skills development initiatives.
The survey, covering nearly 50 000 workers worldwide and 1 753 across South Africa, Algeria, Kenya, Morocco and Nigeria, finds that African employees are already integrating AI into daily operations.
Sixty-four percent of respondents in Africa used AI tools in the past year, compared to 54% globally, and the sentiment is overwhelmingly positive. While only 17% report using GenAI every day, confidence in its benefits is high: 76% believe GenAI improves work quality, and 72% expect AI-driven productivity gains within three years.
In SA, executives are even more bullish, as 91% say AI has already lifted both productivity and work quality — a signal that leadership is pushing harder toward AI-enabled ways of working, notes the survey.
However, this optimism is coupled with rising concern about future readiness. Only 35% of African workers believe their skills will still be relevant three years from now. With GenAI expected to affect nearly half of all job roles, PwC warns that the continent’s workforce risks falling behind unless organisations accelerate large-scale reskilling.
Despite the pressures, employees are not standing still. PwC notes that African workers outperform their global peers in proactive learning, recording 15% higher participation in skills-building and receiving 6% more support from managers. This indicates that both workers and immediate supervisors recognise the pace of AI adoption and are pushing to adapt.
PwC Africa people and organisation leader, Dr Dayalan Govender, says the moment calls for decisive leadership. Organisations, he argues, must integrate AI into workforce strategies, accelerate digital adoption, and expand upskilling programmes at scale.
“Africa’s workforce is optimistic and ready for change, but leaders must accelerate digital adoption and invest in future-ready skills to convert this optimism into sustainable growth,” he says.
Beyond the technology shift, the survey captures a workforce hungry for growth but constrained by financial pressure. Many employees are preparing to make career moves: 45% plan to request a raise, and another 45% aim for a promotion in the next year. Yet household financial stability remains strained, with only a third of respondents reporting any money left over for savings.
Still, Africa’s workplaces continue to show strong foundations of trust and purpose — elements PwC believes will be critical in navigating GenAI disruption. More than 55% of workers trust management, and two-thirds say their work feels meaningful, both above global averages.
With AI adoption rising and employees motivated to reinvent their careers, PwC warns that the coming years will determine whether Africa’s early optimism translates into long-term competitiveness as GenAI transforms the world of work.
The report calls for embedding AI into workforce strategies to bridge the gap between optimism and practical adoption, scaling upskilling initiatives to prepare for GenAI disruption, and fostering trust and psychological safety to retain talent and drive innovation.
“For employers, these findings are a stark reminder that they can and should do more to help workers understand, adopt, and embrace AI’s transformative power.
“Employers may need to pay special attention to entry-level workers, nearly a third of whom say they’re worried to a large or very large extent about AI’s impact on their future, even as they’re also curious (47%) and optimistic (38%) about its long-term societal effects,” notes the report.
E-Business
Nigeria Records Highest Weekly Cyberattacks in Africa — Report

Nigerian organisations are facing the highest volume of weekly cyberattacks in Africa, according to the newly released African Perspectives on Cyber Security Report 2025 by Check Point Software Technologies Ltd., a global leader in cybersecurity solutions.

The report revealed that Nigerian firms experience an average of 4,200 attacks per week, significantly higher than the continental average of 3,153 and 60 per cent above the global average of 1,963 attacks per organisation.
The findings highlight a sharp rise in attacks across Africa, driven largely by artificial intelligence-enabled threats.
Kingsley Oseghale, country manager for West Africa at Check Point, said attackers are increasingly using AI to automate phishing, impersonation, and cloud exploitation.
“AI has become part of the attack surface,” Oseghale said. “Attackers are using it to automate phishing and identity theft at scale. The only effective response is prevention-first security that combines visibility, governance, and AI protection.”
The report noted that cybercriminals are exploiting exposed identities and misconfigured systems to target critical sectors, including finance, energy, telecoms, and government.
Identity-led intrusions, AI-generated phishing campaigns, and multi-vector ransomware are on the rise.
Across the continent, Check Point identified key trends in different markets. Nigeria is experiencing business email compromise and cloud exploitation; South Africa faces rising ransomware, smishing, and botnet infections such as Vo1d and XorDDoS; Kenya has seen ransomware targeting critical energy infrastructure; and Morocco has experienced coordinated government and education-sector disruptions via DDoS and website defacement attacks.
The report highlights five major shifts shaping Africa’s cyber risk in 2025.
Traditional ransomware has evolved into data-leak extortion, AI-generated deception is widespread, and identity has emerged as the new security perimeter.
Weak cybersecurity, the report warned, can now affect international market access under regulations such as the EU’s NIS2 Directive, making digital resilience an economic necessity.
The study urged African businesses and governments to adopt prevention-first security strategies, including continuous risk assessment, regulatory readiness, and public-private collaboration.
Oseghale emphasised that, as AI reshapes operations, cybersecurity must shift from reaction to prediction.
“The real challenge is not adopting new technology but securing the trust that underpins it,” he said.
E-Business
Jumia’s Data Shows Nigerians Turning to Digital Retail to Navigate Inflation Pressures

As Black Friday 2025 unfolds across Nigeria, new insights from Jumia’s Q3 2025 financial results reveal that more Nigerians are relying on digital retail to navigate inflation and rising living costs.

The data points to a more deliberate, value-driven shopper, one using online platforms to stretch budgets, compare options quickly, and extract more value from each purchase.
Jumia reported a 30 percent year-on-year increase in physical goods orders, while Gross Merchandise Value for physical goods rose by 43 percent.
This stronger GMV growth highlights a clear behavioural shift: consumers are assembling higher-value baskets by combining essentials with premium or long-term household items. Online retail is serving as a tool for strategic planning, not just convenience.
According to Temidayo Ojo, Chief Executive Officer of Jumia Nigeria, Black Friday now plays a more critical economic role. “Households are using digital retail to defend purchasing power. They plan their lists, compare prices instantly, and rely on the reliability and convenience that e-commerce offers,” he said.
This year’s Black Friday trends show growing demand in categories that directly support daily living. Household essentials and FMCG products are seeing significant uptake as families stock up during price drops. Home and kitchen equipment is also experiencing stronger demand as shoppers prioritise practical, durable tools. Affordable fashion and beauty products are gaining momentum as discounts make them more accessible.
Consumer behaviour in the lead-up to the sales period further reinforces this shift. Jumia recorded a notable increase in “Add to Wishlist” and “Add to Cart” activity, signalling more planning and fewer impulse purchases. The gap between GMV and order growth indicates that customers are optimising baskets using bundles, vouchers, and promo combinations, behaviours uniquely suited to digital platforms.
With inflation intensifying the need for smarter buying, trust markers on Jumia, such as verified sellers, official brand stores, ratings, and clear return policies, are becoming more central to decision-making. Authenticity and durability now outweigh the appeal of the lowest price.
Jumia’s logistics footprint is making these benefits available nationwide. Its 30,000 sqm Isolo fulfilment centre, 480 pickup stations, and 62 logistics partners ensure that customers in secondary and peri-urban cities enjoy the same deals as those in major hubs, reducing travel burdens and adding financial value.
Overall, Jumia’s Q3 data and Black Friday trends show that Nigerians are turning to digital retail as a practical, strategic response to inflation, using e-commerce to manage budgets, preserve purchasing power, and make more informed buying decisions.
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