Telecom
MTN Cloud Accelerator Cohort Kicks Off with Ecosystem Tour and Expert-Led Sessions

MTN Cloud Accelerator has moved from its launch stage into the learning phase with the 20 selected startups beginning structured sessions focused on growth and market integration. The cohort represents a focused approach to addressing Nigeria’s startup ecosystem challenges, as the country currently ranks 66th globally with 846 startups and has dropped two positions from its 2024 ranking.

Each of the 20 participating startups receives ₦5 million in equity-free grant funding as part of the broader ₦100 million program investment. This funding model contrasts with traditional accelerators, as MTN is not taking equity in exchange for the support.
As part of the early programme activities, founders engaged with business leaders across travel, fintech, mobility and lending. The discussions featured Bayo Adedeji, Group CEO at Wakanow, Dapo Awobokun, Startup Partner at Paystack, Damilola Olokesusi, CEO of Shuttlers and Tobi Amira, Senior Vice President of Business Loans at Moniepoint. These interactions are particularly valuable given that companies participating in ecosystem support programs are 23% more successful in securing investment and more likely to be generating new jobs.
The programme also included practical learning sessions targeting sectors where Nigeria shows strength. Lagos alone hosts over 2,000 startups, with Fintech leading the ecosystem, making the technical sessions particularly relevant. Niyi Yusuf, Managing Partner at Verraki Africa, presented business transformation frameworks. Saad Syed, CEO of Chenosis, discussed API driven growth, while Adebayo Ajibade, CEO of Loubby AI, spoke on the role of AI in driving efficiency and scalability.
Chinyelu Chikwendu, Senior Manager, Strategy and Innovation at MTN Nigeria, and Akinbulejo Onabolu, Senior Manager, SME Segment, provided context on how startups can connect with MTN’s cloud and API infrastructure. This integration approach is significant given MTN’s scale—the company added 3.8 million mobile subscribers in the first half of 2025, bringing its total to 84.7 million, while active data users climbed to 51 million.
Onabolu has previously explained MTN’s broader vision for enterprise solutions, noting at the NextNow Business Forum that the company’s platforms are designed to create affinity. “Today, we showcased the CPaaS platform, which marks a complete transformation in how businesses engage with their customers. This product is designed to create affinity, drive engagement, and build meaningful connections between brands and customers.”
The startups span fintech, healthtech, cleantech, agritech and edutech sectors that align with Nigeria’s startup landscape where 1,495 companies have secured funding as of September 2025. The job creation potential is significant, as 76% of Nigerian ventures are creating jobs with an average of 8.5 full-time employees per venture.
Ajibade described his facilitation experience as an example of collaboration between corporates and startups, adding that the goal is to provide founders with tools that can support both local and wider market solutions.
The MTN Cloud Accelerator will run until December with a Demo Day set to hold in November as a major highlight. The timing follows Nigeria’s successful hosting of GITEX Nigeria 2025, where MTN participated alongside over 650 startups from across Africa, the Middle East, and Asia, plus 200 investors and venture capitalists. The event showcased startups from over 27 countries across 29 different industries, demonstrating the scale of opportunity for Nigeria’s tech ecosystem.
The next phase will show how the ₦100 million investment and structured sessions can support measurable business outcomes. Success will be measured against the broader context where Nigeria’s startup ecosystem as of April 2025, grew by 5.4% with the expectation that targeted corporate support can accelerate revenue growth, job creation and social impact in Nigeria’s technology ecosystem.
Telecom
Google Rolls Out Search Live AI to 200+ Countries, Including Nigeria

Google has launched its Search Live feature globally to over 200 countries, including Nigeria, where AI Mode is available, enabling voice-and-camera conversations in users’ preferred languages.

Powered by the new multilingual Gemini 3.1 Flash Live model, it delivers natural, real-time interactions via the Google app on Android or iOS—tap the Live icon under the Search bar.
Ideal for hands-free help, users can speak queries for audio replies, follow-ups, or web links. Camera integration adds visual context, like troubleshooting a shelving unit, or pairs with Google Lens for real-world chats.
From the app or Lens, Nigerians can now explore, learn, or solve tasks instantly, boosting everyday productivity worldwide.
Telecom
IFC Invests $45m to Green African Telecom Sites

Clean and reliable power for telecom networks in Ethiopia, Liberia, and Sierra Leone will be expanded following a $45 million investment by the International Finance Corporation (IFC) in IPT PowerTech.

The investment targets countries where limited power supply continues to slow digital connectivity and broader economic participation, the institution stated earlier this week.
To enable this expansion, the IFC is providing a $45 million corporate financing package consisting of an A-loan of $27 million and $18 million in blended finance.
The blended portion is sourced from the Canada-IFC Blended Climate Finance Programme and the IDA20 Private Sector Window Blended Finance Facility.
The initiative marks the IFC’s first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years.
It will help scale solar- and battery-based power systems that reduce reliance on diesel and support greener, more resilient telecom networks.
By improving the quality and stability of power to telecom towers, the initiative will strengthen mobile coverage and ensure that households, schools, health centres, and small businesses can depend on consistent digital services, said the IFC.
The funding supports the modernisation, operation, and maintenance of 2 235 telecom sites across the three nations. More than 90% of these are located in off-grid or weak-grid locations.
With new solar and battery systems powering these sites, mobile networks will experience fewer outages and improved service quality.
Optimising the energy mix is estimated to reduce power costs for operators by up to 30% in Liberia, 26% in Sierra Leone, and 52% in Ethiopia.
This transition is also expected to cut emissions by more than 10 624 tonnes of carbon dioxide annually. Furthermore, the partnership will promote gender inclusion by expanding opportunities for women in technical, operational, and leadership roles within the sector, says the IFC.
This agreement reflects a shared vision for a greener telecom industry and empowers the company to scale its innovative energy platforms, according to Nabil Haddad, CEO of IPT PowerTech Group.
Reliable and affordable power for telecom networks is a cornerstone of Africa’s digital transformation, said Nathalie Kouassi-Akon, IFC regional director for West Africa and the Gulf of Guinea.
Through this partnership, the institution is supporting a scalable, private sector-led solution that enables mobile operators to reach underserved and fragile communities more sustainably, added Kouassi-Akon.
The project advances the World Bank Group and African Development Bank’s Mission 300 initiative, which aims to provide electricity to 300 million Africans by 2030.
Telecom
Expedier Launches Platform to Ease Cross-Border Payments for African Firms

Expedier has unveiled “Expedier for Business,” an online pro-banking platform to simplify global payments, multi-currency transactions, and financial operations for expanding companies.

Kingsley Madu
The tool centralizes payments, invoicing, payroll, and treasury into one secure dashboard, tackling challenges like fragmented systems and poor visibility that hinder international scaling.
Kingsley Madu, Co-Founder and CEO of Expedier, said: “African businesses are increasingly global… Expedier for Business was built to simplify how companies manage money across borders while maintaining visibility, control, and compliance.”
Key features include customizable dashboards for payments, invoices, and workflows; support for USD, CAD, GBP, EUR, and more; virtual cards; automated payroll/invoicing; currency swaps; and real-time tracking.
Security measures cover two-factor authentication, KYC/KYB verification, and team access controls.
As cross-border trade and remote work boom in Africa, the platform aids firms dealing with international suppliers, teams, and customers. It is now available for organizations scaling globally.
Telecom3 days agoUS Jury Finds Meta, Google Liable in Landmark Social Media Addiction Case
News3 days agoEU Pumps €290m into Nigeria’s Digital, Health, Agri Sectors
News3 days agoFirm Shares Tips for Updating Your Digital Habits for an AI-driven World
E-Business3 days ago5 Wealth-Building Strategies for Nigerian Women-led Businesses
General News2 days agoNCC to Curb SIM Fraud, Strengthen Digital Security with New Platform
Telecom3 days agoMobile Money Transactions Accounted for $2 trillion in 2025
E-Business3 days agoNigeria, Finland Sign Cybersecurity Pact
General News2 days agoKidnappers Now Use Banks to Collect Ransoms — Expert



















