Telecom
IT Stakeholders Not Pleased with 10% Broadband Penetration, 2018 Target Dims

From available data, it will take special interventions for Nigeria to achieve her 30% broadband penetration as industry stakeholders on Friday bemoaned the mere 10% achievement almost mid-term to 2018 target.
Available statistics shows that broadband has struggled to grow from 6% in 2013, to 8% in 2014 and currently stood at 10%, even though the National Broadband Plan is targeting 30% penetration (growth) by 2018.
The stakeholders who gathered at third quarterly seminar of the Nigeria Information & Communications Technology Reporters’ Association (NITRA) held in Lagos, unanimously agreed that President Muhammadu Buhari led government should make deliberate policies that will attract more foreign direct investments (FDIs) to tackle infrastructural deficit in the sector.
Speaking at the NITRA seminar, Dr. Emmanuel Ekuwem, group chairman, Teledom Group and chairman of the occasion, however, warned that quest for FDIs must be balanced to allow local investors participation in creating values in the system too.
According to him, theme for the seminar: Foreign Direct Investment: An Impetus to Achieving Ubiquitous Broadband Penetration”, is timely now that the Federal Government is concerned with deepening the economy for the improvement of the lives of the citizens.
He however, said FDIs can be regarded as beneficial when Nigerians could create “contents” to complement demands from the outside world, generate employments, and protect the intellectual properties of the people and profit from the internet economy.
“It has become common saying that Broadband is a service to the people. Before now, the slogan has been ‘NarrowBand will deliver narrow future, broadband being broad future’. The important thing is that broadband has to run on infrastructure. NCC has done a good job by trying to unbundle the service provising scope, however, there are rooms for improvement.
“Content is key too. We cannot be claiming for improved broadband penetration without considering how to create contents. Infrastructural investments can be sustained by resources generated from content. So, FDI and broadband can be as broad as Nigerian want it, but we need to balance broadband penetration with the content we are creating, so we don’t invent digital imperialism,” he said.
Engineer Lanre Ajayi, president of ATCON, said operators in the industry align their thoughts with NITRA that 10% broadband penetration is slow, but every stakeholder must not shy away from the multifaceted challenges faced operators to deploy services.
He said unless issues on right of way (RoW), multiple taxation, security, indiscriminate shut down of base stations; to name a few, are addressed, inability to couping return on investments has become worrisome to the investors.
He called for joint effort to migrating the identified challenges to move the nation telecommunications industry forward.
“The truth is that 30% broadband penetration is not too ambitious considering the fact that countries like Kenya, South Africa, Ghana, etc have achieved even more than that. We have undersea cables already at the seashores of Lagos, the question is why the delays in taking the capacities to the last mile, especially the hinterlands. Investors are not happy about the delays but are faced with puncity if challenges. These have to be addressed to push penetration,” Ajayi said.
In a presentation on the Seminar theme, Mr. Olusegun Salami, senior manager, Transmission Access Planning, Network Group at MTN Nigeria, said it’s heartwarming that the present administration is employing policies to further open up the economy in a manner that the economy will be able to attract more FDIs, expectedly, such will address inadequacies that hamper broadband penetration.
Essentially, he said, the need to leverage available spectrum to drive broadband to rural areas cannot be over emphasised.
“As we work towards increased broadband penetration, measures to adopt should take take the strategies that made it possible for 90% radio (communication) penetration in rural areas,” he suggested.
Salami recalled that the journey of broadband adoption commenced in Nigeria in 2007 with the launch of 3G as against the narrow bands, however, with issues related to infrastructure been tackled, the time for cheaper smartphones is now.
“Imagine when we have broadband everywhere but feature phones still account for 40% of the market, desktops 30% and smartphones account for mere 25%, it wouldn’t work, to say the least,” he said.
The Senior Manager, Transmission Access Planning, Network Group at MTN Nigeria, also said that LTE services will help expand broadband scope to hinterlands when Federal Government makes deliberate policies to aid operators channel their services to such terrains.
He said, “We are happy government is moving in the direction to increase its investments in the development of the nation’s infrastructure such as power, supply, roads, telecoms, etc., in order to reduce the cost of doing business thereby wooing more FDIs.
“Thus, government should encourage production activity via production incentives and/or subsidies in order to increase the economy’s GDP”.
He added that the anti-graft drives of the present administration should be complemented with efficient judicial system to boast investors’ confidence on the system.
Earlier, Mr. Emma Okonji, internet and broadband have been globally acknowledged as the foundation for the transformation of a knowledge-base economy.
“Today, broadband penetration has struggled to grow from 6 per cent in 2013, to 8 per cent in 2014 and currently stood at 10 per cent penetration, even though the National Broadband Plan is targeting 30 per cent growth in 2018. As industry watchdog, NITRA is not pleased with the growth rate in broadband penetration in the country, vis-a-vis the fast growing number of internet users in Nigeria, which currently stood at 88 million,” he said.
NITRA, he said, is aligning with stakeholders in urging the Federal Government and the NCC to consider a purposeful implementation of the National Broadband Plan, in such a way it will attract foreign direct investment and also help to boost the natonal development.
Telecom
MTN Guns for $2.76bn IHS Towers Buyout in African Telecom Power Grab

MTN Group, the continent’s telecom behemoth, has plunged into advanced negotiations to acquire the outstanding 75 percent stake in IHS Towers for a staggering $2.76 billion, a seismic move that would hand Africa’s largest mobile operator full reins over one of the world’s premier independent tower companies and redefine infrastructure control across emerging markets.

MTN
The proposed transaction, pegged to IHS’s latest New York Stock Exchange closing price where it trades alongside a Frankfurt listing, builds on MTN’s existing 25 percent holding forged in a landmark 2014 deal that saw the operator offload most tower assets to IHS in exchange for cash and long-term leases.
Sources close to the talks confirm discussions remain fluid with no binding agreement yet inked, and both sides caution that negotiations could shift or stall entirely—MTN has signalled readiness to pivot to alternative value-unlocking strategies for its stake if a full buyout eludes grasp.
Strategically, the power play catapults MTN toward vertical integration in a sector where operators increasingly crave direct grip on passive infrastructure to slash lease bills, streamline upgrades, and rocket-roll 4G/5G amid Africa’s insatiable data deluge.
IHS Towers, MTN’s anchor tenant across swathes of Africa with tens of thousands of masts from Nigeria’s 13,500 tenancies—renewed amid naira-dollar tussles—to South Africa and beyond the Middle East into Latin America, represents a golden infrastructure war chest primed for the operator’s 20-nation blitz.
The saga traces to 2014’s seismic sale that freed MTN capital for spectrum wars while birthing enduring lease pacts, now ripe for reversal as governance dust-ups over shareholder nominations and agendas underscore the buyout’s boardroom chess.
Market tremors rippled through IHS shares post-leak, underscoring the $2.76 billion tag’s gravity as MTN eyes cost efficiencies, network agility, and expansion muscle in oil-volatile economies where tower mastery spells survival.
Should the ink dry, MTN vaults to ownership of a colossus fuelling digital bridges from Lagos megacities to rural frontiers, slashing third-party dependence while supercharging investments in fibre-deep data dreams and 5G horizons.
Analysts buzz that the mega-deal heralds telecom consolidation waves, with operators reclaiming tower turf to fortify against rivals and unlock synergies in a landscape where infrastructure crowns kings.
Neither MTN nor IHS commented officially by press time, but the high-stakes huddle spotlights Africa’s telecom arena hurtling toward an era where owning the poles decides who dominates the digital skies.
Telecom
Google Calls on Africa’s AI Trailblazers for 10th Startup Accelerator Cohort

Google has flung open applications for its landmark 10th cohort of the Startups Accelerator Africa, doubling down on nearly a decade of continent-wide tech propulsion by targeting Series A pioneers wielding AI and machine learning for scientific and societal moonshots.

The 12-week “AI First” hybrid bootcamp, kicking off April 2026, equips Africa-based or Africa-centric innovators with Google’s AI arsenal, expert mentorship, technical firepower, and investor matchmaking to catapult health and deep-tech ventures into orbit—deadline March 18 at g.co/acceleratorafrica.
“Africa’s tech landscape is seeing a vibrant shift toward deep-tech innovation,” proclaimed Folarin Aiyegbusi, Head of Startup Ecosystem, Africa. “For Class 10, we are focusing on the potential of AI to drive health and societal benefits, providing the infrastructure and expertise to turn these startups into the research labs of the continent.”
Since 2018, the accelerator has turbocharged 180+ startups across 17 nations, unlocking $350 million in funding and 3,700 direct jobs, cementing Google’s role as Africa’s AI innovation forge amid a deluge of homegrown problem-solvers.
Equity-free and hybrid-powered, Class 10 promises Google’s product credits, strategic war rooms, and global networks to forge the next wave of African AI trailblazers reshaping everything from disease detection to climate resilience.
Telecom
Optasia Drives Responsible AI Conversation at Nigeria’s Privacy Week 2026

Optasia, a global AI-driven fintech platform, reinforced its commitment to privacy-by-design and responsible innovation as the official partner of Nigeria’s National Privacy Week 2026.

Optasia
Held at the Transcorp Centre in Abuja, the programme brought together regulators, financial institutions and technology leaders around this year’s theme: “Privacy in the Era of Emerging Technologies: Trust, Ethics & Innovation”.
The National Data Privacy Summit, which concluded on Wednesday, 4 February, was convened in line with the Nigeria Data Protection Act (NDPA), which safeguards personal information across the country.
Welcoming Nigeria’s National Privacy Week 2026, Dr Vincent Olatunji, National Commissioner/CEO of the NDPC, underscored the central role of privacy in building trust and unlocking sustainable digital growth.
“Privacy is not an isolated privilege; it is a fundamental right guaranteed by our Constitution. By building trust, we unlock the full potential of our digital economy and protect every Nigerian’s digital identity,” he said.
These priorities closely align with Optasia’s approach, as the company focuses on enabling inclusive digital financial services while embedding privacy, accountability and trust into its technology and partnerships.
As a company operating AI-powered financial services within highly regulated environments globally, Optasia brings practical experience in embedding governance, accountability and data protection into large-scale digital systems.
The company delivers its services exclusively through licensed financial institutions and regulated distribution partners, supporting the responsible expansion of digital financial services while maintaining robust standards of security and privacy.
Optasia’s SOC 2 Type II certification underscores its commitment to maintaining internationally recognised standards of security, confidentiality, and privacy.
Speaking during the event, Uchenna Agbo, Chief Commercial Officer at Optasia, highlighted the heightened responsibility that accompanies rapid digital growth. “As Nigeria’s digital economy expands, the data that powers innovation and inclusion must be protected with the same seriousness as financial capital,” she said.
“For Optasia, compliance, ethical data use and respect for consumer privacy are foundational to building long-term confidence across the digital ecosystem.”
Optasia’s executive leadership participated in high-level panel discussions, with Chief Technology & Innovation Officer Antoine Chatzistamatiou sharing insights on “Building trust by design: Privacy, ethics, and accountability in emerging technologies”, alongside a senior representative from GTBank.
Additionally, Chief Data & Risk Officer Stelios Lelis contributed to a session titled “Innovation without Intrusion: Balancing data-driven growth with privacy as a fundamental right”, alongside senior leadership from Microsoft and Stanbic IBTC.
Optasia’s Nigeria engagement is anchored in four operating priorities: privacy-by-design, responsible use of AI, innovation without intrusive data practices, and stronger collaboration across the licensed ecosystem.
The company’s engagement in Nigeria reflects a long-term commitment to supporting a trusted and inclusive digital economy. As data-driven services continue to expand across sectors, Optasia remains focused on contributing constructively to ecosystem conversations around privacy, accountability, and responsible innovation.
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