E-Business
LG Electronics Offers Smart HVAC Solution for African Market

Companies that provide heating, ventilation and air conditioning (HVAC) solutions know it’s crucial to offer products that meet the climate control needs of the respective audiences.
LG Electronics has its Multi V system available in the African markets and representatives say it’s ideal for the region, especially considering that some areas get temperatures upwards of 120 degrees Fahrenheit.

LG design its Multi V unit to address the needs of commercial clients, such as apartment building managers or people who oversee office complexes.
Customizable Coolness for Each Room
The Multi V is a variable refrigerant flow (VRF) system, which means it uses refrigerant for both heating and cooling purposes. A VRF system has an outdoor condenser unit, then an indoor unit in each room requiring climate control.
Manipulating the flow of refrigerant solution through the evaporator coils of the indoor units keeps each room at the desired temperature while using less energy than traditional systems that circulate chilled air or water through ducts in a building.
VRF systems still rely on air or water for cooling, but the changeable flow of the refrigerant results in energy-saving benefits. More specifically, they are 20-30% more efficient than conventional HVAC systems.
Standout Qualities of the System
Besides Multi V being a VRF system offering the benefits above, LG engineered specific perks that make these HVAC systems superior to others available to buy.
The LG Multi V family of products includes numerous units, and the brand calls attention to the high-tech inverters. They provide maximum efficiency at both full and partial loads.
Additionally, LG discusses the Multi V as a “total HVAC solution.” Many of the notable qualities of the system relate to its sensor technology.
For example, there is a dual sensing control that detects both the temperature and humidity in the environment and adjusts accordingly.
And, the data from the temperature and humidity sensors relates to a smart load control feature that manages the cooling load for increased energy efficiency based on the conditions.
There is also a Comfort Cooling setting. Once an operator activates it, the system transitions into a “mild cooling” mode without stopping to switch to the lower setting.
Suitable for the Smart Energy Trend
As mentioned earlier, some of the countries within the African and Middle Eastern markets set energy efficiency targets to meet within approximately the next decade. LG believes its Multi V technology will be instrumental in helping those nations reach their goals, particularly because it uses smart technology.
Smart HVAC systems collectively represent one of the top trends in the HVAC industry at large. Residential and corporate customers alike appreciate them since the intelligent aspects of such a setup offer benefits such as repair notifications that let users know when it’s time to make service calls.
Some units even schedule those appointments automatically. Also, sensors, like the ones LG incorporates into its units, enable self-regulation of HVAC units. They trigger the equipment regarding when and where to operate in a building.
Compatible With a Smart Energy Interface
Customers using a Multi V HVAC system can take advantage of a complimentary intelligent system called Building Energy Control, or BECON. There are reportedly several sites in the Middle Eastern and African regions using BECON for smart energy management. BECON is a cloud-based, Internet of Things (IoT) platform.
Its energy scan feature takes data from all the respective sensors and gives detailed energy usage statuses related to a building’s zones, floors or other parameters. It can also provide a future operation guide that instructs users on how to save energy while continuing to consider the comfort of the occupants.
BECON has diagnostic capabilities too. It looks at past and present data to spot abnormal patterns within it. The technology can also use that information to solve problems associated with equipment in a facility.
When BECON users want to see the impacts of various changes they could make to an HVAC system’s settings, BECON offers simulations that take things such as weather information, past usage and customer preferences about comfort versus efficiency into account.
Comfort and Conservation Combined
LG seems committed to offering its customers solutions that keep them comfortable in extreme temperatures without wasting energy. The Multi V is an excellent example of a system that incorporates several smart features that align with modern energy needs.
This system and others similar to it will likely continue to gain momentum, especially with a renewed focus on climate change mitigation and energy efficiency in many parts of the world.
Inside VRF HVAC Systems
At the heart of any building is its HVAC system—that essential collection of compressors, coils, fans, and controls that has such a hand to play in energy costs, air quality, and occupant comfort.
LG Air Conditioning Technologies understands this, and when it comes to perfecting all three, it’s hard to beat their LG MULTI VTM VRF series.
VRF—or Variable Refrigerant Flow—systems differ from traditional HVAC solutions in a few key ways. Most importantly, their fans and compressors run on inverter motors attached to computerized control systems, meaning their speed can be precisely controlled.
In essence, rather than merely flipping on and off like a typical AC unit, the inverter technology enables VRF systems to respond in real-time to changing conditions in a space and adapt accordingly.
“Imagine a time when you reached for your thermostat to shut off a blast of frigid air only to find the room too warm five minutes later.”
VRFs can even use heat recovered from one room to warm another, an ability that makes for particularly energy-efficient operations in hospitality settings and multi-family housing.
A VRF system is up to the task when it comes to pricing, VRF systems may initially appear more expensive, but when life-cycle energy savings and total building expenditures are taken into account, they quickly prove themselves to be the more affordable option.
Take, for example, the construction costs incurred by a chilled water system, which requires heavy structural steel and concrete in order to support, or the ductwork utilized by a simple rooftop system, which can take up two to three feet of space between each floor of a building.
By contrast, a typical refrigerant line used by a VRF is a mere two to three inches in diameter, allowing for significantly greater architectural flexibility.
With the superior performance, comfort, and energy savings VRFs offer, General Manager of the Air Solution Division, LG Electronics West African Operation, Mr. Jung June Yoon says they’re a bit like the Ferraris of the HVAC world—streamlined, powerful, and flawlessly engineered.
E-Business
Government, Industrial Sectors became the Primary Targets for Cybercriminals in 2025 – Report

According to the global report by Kaspersky Security Services ‘Anatomy of a Cyber World’, the government sector has emerged as the most targeted sector for the second consecutive year, accounting for 19% of all high-severity incidents in 2025.

The industrial sector closely followed at 17%, while the IT sector rose to third place with 15%, displacing finance from the top three targeted industries.
The ‘Anatomy of a Cyber World’ is a comprehensive global report drawing on incident statistics from Kaspersky Managed Detection and Response, Kaspersky Incident Response, Kaspersky Compromise Assessment and Kaspersky SOC Consulting.
This report sheds light on the most prevalent attacker tactics, techniques and tools, as well as the characteristics of detected incidents and their distribution across regions and industry sectors.
Building on these findings, the report reveals that government bodies continued to be the most targeted sector in 2025. A deeper examination of the root causes of attacks within this sector uncovers that Advanced Persistent Threats (APTs) were the most common, accounting for 33,3% of incidents.
This trend highlights the increasing sophistication of adversaries who persistently evolve their tactics to bypass automated protection. Additionally, 18,9% of government organisations experienced social engineering attacks, underscoring that employees remain a critical entry point for cyber threats.
This dual vulnerability, from both advanced persistent attackers and social engineering campaigns, underscores the need to strengthen not only technology but also organisational resilience.
Implementing measures such as role-based access control and limiting privileges can significantly reduce the impact of compromised accounts, particularly in large, distributed government environments.
The industrial sector presents a different but equally concerning profile. Threats in industrial environments are distributed with striking uniformity: APT-driven incidents constitute 17,8%, malware 14,9% and social engineering 13,9%.
This pattern suggests that industrial organisations attract a broad range of adversaries with different capabilities and objectives, rather than being primarily targeted by a single type of threat actor. Notably, confirmed cyber exercises like red teaming accounts for 22,8% of incidents in the sector, the highest share among the top three industries, reflecting growing investment in proactive security validation among industrial organisations.
In contrast, the IT sector shows a markedly different pattern. With 41% of incidents attributed to human-driven APT attacks, the highest rate across all sectors, IT organisations are clearly a priority target for sophisticated threat actors seeking to exploit trusted relationships and scale their impact through supply chains.
APT traces, which are artifacts from previous advanced persistent threat activity, were identified in an additional 17% of cases, while social engineering accounted for 11%. In contrast, red teaming represents only 9% of IT incidents, suggesting that proactive security testing remains underutilised relative to the sector’s actual threat exposure.
Interestingly, the finance sector was displaced from the top three targeted industries. According to the report, red teaming in this sector accounts for 36,1% of incidents, reflecting a mature, compliance-driven approach to proactive defence, while confirmed APT activity remains comparatively low at 11,5%.
This pattern indicates that sustained investment in security assessment can effectively enhance a company’s ability to identify vulnerabilities early, avoiding costly breaches and reducing the risk of significant damage to reputation and operations.
“Government, industrial and IT organisations consistently attract sophisticated adversaries because of the strategic value of what they hold, operate and connect to geopolitical intelligence, critical infrastructure and global supply chains respectively. The 2025 data confirms that these attacks are not opportunistic: they are targeted and often aimed at establishing persistent access.
Each of these sectors needs to operate on the assumption that determined attackers will find a way in, and focus their defences on early detection, rapid containment and minimising the window of exposure. So, proactive threat hunting, continuous monitoring and regular compromise assessments are no longer optional for organisations of any size across these industries,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.
E-Business
FCCPC Licenses 5 Firms for Airtime, Data Lending as Telcos Step Aside

Federal Competition and Consumer Protection Commission (FCCPC) has approved five companies to provide airtime and data lending services in Nigeria, following the suspension of such services by mobile network operators (MNOs).

FCCPC
The affected telecom operators, including MTN Nigeria and Airtel Nigeria, had announced the temporary halt of their airtime and data credit services in compliance with new regulatory requirements.
Checks indicate that Globacom and 9mobile (formerly Etisalat Nigeria) have also suspended the services, making it a sector-wide decision among telecom operators.
In a statement, the Federal Competition and Consumer Protection Commission said the newly approved firms include Total Tim Nigeria Ltd., Rane Interactive Medien CLS Ltd., Mode NG Applications Ltd., Cloud Interactive Associate Ltd., and Coverage Broadband Ltd.
The commission said the companies met all requirements under the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025.
It explained that the regulation aims to ensure fairness, transparency, and improved consumer protection within Nigeria’s digital lending ecosystem.
Speaking on the development, Ondaje Ijagwu, Director of Corporate Affairs at the Nigeria Data Protection Commission, said some telecom operators had engaged in exclusionary arrangements in violation of existing laws.
He noted that the framework was introduced to open up the market to both local and international participants in line with free market principles.
Ijagwu added that telecom operators were initially given a 90-day compliance window from July 2025, which was later extended to Jan. 5, 2026, but the required adjustments were not completed within the stipulated period.
A telecom official, who spoke on condition of anonymity, said the new regulatory demands added to existing oversight by the Nigerian Communications Commission, thereby creating multiple layers of compliance for operators.
“Telcos are enablers of other sectors and already fully regulated. Additional compliance requirements from different regulators can be distracting,” the source said.
The official added that operators had opted to step aside temporarily while observing developments, noting that some revenue loss would occur as a result of the suspension.
He, however, said telecom companies would still play a role by supplying airtime to the licensed lenders through commercial agreements.
Meanwhile, subscribers have expressed concern over the suspension of the services, particularly those who rely on airtime borrowing during emergencies.
Some users said the popular USSD code *303# is no longer providing the relief it once offered, describing the development as a setback for many Nigerians facing financial constraints.
Ravenewsonline reports that the FCCPC had earlier set Oct. 31, 2025, as the deadline for digital lenders to register or face sanctions, including a fine of N100 million.
The deadline was later extended to Jan. 5, 2026, to allow for full compliance across the sector.
E-Business
4 Nigerian Startups Selected to Join Milestone 10th Google for Startups Accelerator Africa Cohort

Four Nigerian technology startups – Bani, MasteryHive AI, Regxta, Termii – have been selected to join the 10th cohort of the Google for Startups Accelerator Africa.

Chosen from an exceptionally competitive pool of nearly 2,600 applications, these innovators are part of a final pan-African group of 15 companies. With an acceptance rate of less than 1%, their selection highlights the immense technical talent and resilience emerging from Nigeria’s digital ecosystem.
The selected Nigerian startups are utilizing Artificial Intelligence to address critical local and regional challenges:
Bani : A cross-border payments infrastructure platform eliminating settlement delays for African businesses trading globally.
MasteryHive AI : An AI-native platform automating transaction reconciliation, fraud detection, and AML monitoring.
Regxta : Combines alternative data-driven credit scoring with a hybrid digital-agent distribution model to deliver financial products to unbanked micro businesses.
Termii : An AI-native communications infrastructure platform ensuring reliable financial messaging for banks and fintechs.
African tech founders are actively solving fundamental infrastructural challenges, bridging gaps in financial inclusion, healthcare, and supply chains with complex AI. The continent’s venture ecosystem showed remarkable resilience by raising $3.9 billion in 2025. However, scaling deep-tech solutions requires specialized technical infrastructure, advanced cloud capabilities, and strategic mentorship to complement this capital. Accelerator programs provide these exact tools, ensuring local innovations can sustainably grow into businesses that power the continent’s digital economy.
Gbolade Emmanuel, CEO of Nigeria-based Termii, noted: “At Termii, we’re building AI-powered infrastructure that ensures financial transactions don’t fail, from login PINs to payment OTPs and fraud alerts. The Google Startup Accelerator is helping us accelerate our AI roadmap and scale globally, and even in the first week, access to technical support and insights has been incredibly valuable for our next phase of growth.”
“We are absolutely thrilled to welcome these exceptional founders into Class 10,” said Folarin Aiyegbusi, Head of Startup Ecosystem, Africa. “African startups are driving essential economic growth and social development. Our role is to serve as a supportive partner, providing these developers and founders with the technical infrastructure, mentorship, and global network they need to scale their solutions and amplify their real-world impact.”
Running from April 13th to June 19th, 2026, the hybrid program will provide the 15 startups with dedicated guidance from experienced mentors and industry experts, alongside hands-on technical workshops focused on AI and machine learning.
Since launching in 2018, the Google for Startups Accelerator Africa program has supported 106 startups from 17 African countries, empowering them to collectively raise over $263 million and create more than 2,800 jobs.
For more information on the full list of 15 startups participating in Class 10, please visit the Google Africa Blog at https://blog.google/intl/en-africa/company-news/meet-the-15-startups-joining-the-google-for-startups-accelerator-africa-class-10/.
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