E-Business
Rack Centre Now Positioned to Offer Cloud Computing Services – Coker

Ayotunde Coker is the managing director of Rack Centre a data centre operator; he spoke to Nigeria CommunicationsWeek on the recent expansion of Rack Centre facility which enables it to offer commercial cloud computing services in Africa.
Cloud Computing and security. Do you think Nigeria, or Africa has the capacity to secure the data centres to guarantee local hosting of data?
Africa is ready for cloud. First, Data Centre business has been developing in Africa for few years now. I am delighted that Rack Centre is here in Nigeria; well-respected African brand. That is a good way to start. We are certified to the highest tier level- the Uptime Institute. We are the first and only Carrier Neutral to be Tier III Constructed in Africa.
In Nigeria, there are two Data Centres companies that are certified constructed commercial facilities, the only country in Africa with such infrastructure. That is not a bad start. If you look at statistics South Africa has made an incredible start with Data Centres. The amount of capacity (that is ‘built’) available in South Africa is 50% of what is available in the rest of African countries. This is based on analysis by XALAM. It shows that there is a significant of untapped opportunity in the rest of Africa.
So, as a brand, we are prepared: we are scaling, doubling our capacity; certified to ISO 27:2001 and other certifications that give global bodies the confidence to do business with us.
Coming back to Africa; is the Continent ready for Cloud? Africa is ready for co-location and ready for cloud computing. We have seen the wave of what is happening in the use of technology- agriculture, for instance, start-ups and other big businesses are been created in this sector. I intentionally did not use FinTech’s, because it is not just about fintech (though they are very important). Technology is transforming banks, agriculture, oil and gas in Africa. Technology will be key in transforming government (e-government). States like Lagos are embarking on very crucial e-government initiatives.
So, there is a big room for co-location. Now, cloud needs data centres; if it is not in Nigeria it is elsewhere. A lot of African companies have been consuming cloud technology. But they have been consuming it abroad. Even a lot of them host their websites abroad. We have been hosting our website here in Rack Centre for about two years now and no downtime. So, we have started to see the shift
In Africa there is what I call the “Sachet Economy.” You know, people often won’t buy a packet of cigarettes; they will buy two sticks. They won’t buy a litre of milk but rather a small packet. Even water; they prefer to buy the sachets. And it has been very successful. But if you add the quantity of the sachet inside an empty bottle, the cost is about 50% higher; but that is what they can buy.
The only way you can turn IT to meet needs of the sachet economy is, first, to co-locate. Secondly, adopt cloud computing. Cloud enables you to buy what you need and consume and buy more as you grow or scale up. You don’t need to acquire big server when you only need 10% of it. There are a quite number of applications people want to use that require cloud, so cloud is what you can use to deliver services to the sachet economy.
An interesting part to it: if you look at Nigeria, one of the problems of consuming technology from abroad is due to latency. That ‘delay’ is annoying and it affects customer experience. Critical facilities hosted here take away that latency. And now you have Internet of Things (IoT) which requires quick ‘interactions. So, you host it closer to the point of consumption.
For instance, Nigeria’s population is near 200 million with a blessing of young middle-age (18-25 years); the age of consuming data. We also have a significant number of SMEs. If you add Micros businesses, they are about 35 million. So, 20 million SMEs (based on estimates that have been given over the last two years, the figure is more than the population of Belgium, Netherlands and Norway combined.
There will consume data if the services are available. Therefore, all we have to do is deliver cloud services. We have started doing that in Rack Centre. We bring down the threshold of the cost of access to technology through cloud services.
There is another angle to the SMEs. I call them the SMEs of the Professions- (every SME should be professional anyway). By SMEs of the Professions, I mean the accountants, doctors, engineering companies, law firms, etc. They are significant and need access to the right technologies at the right price. That is what cloud can provide.
Then, Nigerian broadband penetration is around 24% out of the target of 30% for this year. And there is still promise that we should hit the target before the end of this year. Now, as that continues grow alongside 4G LTE availability, it is really going to become an enabler to businesses.
So, from our point of view, our business is to going to transform the efficiency of the SMEs and it will impact the economy positively.
Cloud technology and data centre inter-relate and have the potential to transform our economy. It makes the SMEs, for instance, more efficient and productive and directly impacts the country’s GDP.
Your recent election as the Secretary General of African Datacentre Association (ADCA).
Actually, the Association was inaugurated early this year and there is a history to it. Last year, I was speaking at the Datacentre Conference in Morocco. We made a comment that Africa needs a Datacentre Association just like they have in Europe, because this is key infrastructure for Africa. The continent has chosen to leapfrog development using technology. So, we need to get the holistic view to build the industry and a voice for the industry in Africa.
So, one of the gentlemen there, Paul-Francois Cattier, MD (West Africa for Schneider Electric, Ivory Coast took on the task; to drive it. I met him at the Africa CEO Conference and he laid down some progressive reports and it took me just five minutes to say yes; we really have to make this happen.
We got calls from top leaders around Africa who aligned with the vision. Therefore, the Association was incorporated in West Africa (Ivory Coast). We then went on and launched it as African Datacentre Association at the Data Centre Conference in Morocco. which is a good indication of the importance of Africa in the global space in terms of cloud technology. It was a successful event.
We will be hiring an MD to operate the ADCA Secretariat. Also, the representation cuts across the entire continent. The Board has Fatoumata Sarr Dieng of Sonatel Orange (Senegal) as the President. It is mixture of Francophone and Anglophone speaking countries; a good balance and pan-African representation.
I am delighted that we got it going and to have taken a role as the Secretary General. It is an honour.
E-Business
FG Mulls Fibre Optic Layout to Bridge Internet Gaps

President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.
His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.
He said the fibre optic layout is part of other projects being embarked on.
“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.
“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.
He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.
In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.
The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.
Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.
It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.
E-Business
African Startups Raised $345m in Funding in May

African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business intelligence firm.
The report disclosed that both the number of deals and participating companies declined, confirming a growing trend of fewer companies raising funds in larger sizes.
It said fintech attracted the highest share of funding in May, accounting for 34 percent of the total, while cleantech followed closely, driven by a debt deal from Sun King. The company raised $80 million (in local currency) to expand clean energy access in Nigeria.
“Equity remains the primary instrument in terms of total value. There’s no doubt about it; in fact, equity deals with disclosed amounts captured more than half of the total funding volume in May.
“However, debt financing is increasingly proving its weight. Although it accounted for only 8 percent of all deals, it represented 32 percent of the total funding, highlighting the typically larger size of debt transactions. With the rise of specialised vehicles targeting early-stage businesses, debt is becoming an increasingly important part of Africa’s innovation funding landscape,” it said.
Briter’s report added that grants continued to play a vital role in early-stage support, especially in the education technology (EdTech) sector. The Mastercard Foundation led the pack in grant activity, funding a new cohort of EdTech innovators in Nigeria and Kenya. Each selected startup is set to receive $100,000 in grant funding, in addition to mentorship and business development support.
Multilaterals also made a strong showing in May, it said. The Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, issued a $179.6 million guarantee to CleanTech firm KOKO Networks. The support will help scale its clean energy solutions across Kenya.
“This deal not only demonstrates growing international confidence in African climate ventures but also signals a promising pathway for other asset-intensive startups in clean cooking, agriculture, and renewable energy,” the report said.
From a geographic perspective, Egypt emerged as the continent’s fundraising powerhouse for the month, contributing 51 percent of all funding raised. The country recorded 12 deals across equity, debt, and bond instruments. Notably, FinTech platform MNT-Halan raised $50 million through a bond issuance, further illustrating the diversification of capital-raising mechanisms in the region.
Outside Egypt, funding was distributed across Africa’s three other key markets, which are Egypt, Nigeria, and Kenya, with limited activity recorded in countries such as Ghana, Tunisia, Morocco, and Uganda, each registering between one and three deals.
In terms of exits, the African tech landscape continues to mature. Three companies—Baobab+, Qardy, and Shopa—were acquired in May, bringing the total number of exits this year to 22. This already surpasses last year’s count for the same period. Qardy was acquired by Catalyst Partners Middle East (CPME) in a disclosed deal valued at $23 million, the report added.
E-Business
Human Hacking: When Cyber Criminals Target You

By Nancy Werteen
When you get anti-hacking advice, you’ve probably heard “Don’t use a simple password,” or “Don’t plug in that USB you found on the ground.”
But there’s one form of hacking that doesn’t always require a computer, and it costs businesses about 4.88 million dollars a year.
Modern hackers aren’t trying to get into your computer; they’re trying to get into you.
“They’ll try to learn about you a little bit, and they’ll try to use that information against you to try to get you to complete some action, maybe to send somebody some money,” said Kevin Moran, PhD, Assistant Professor of Computer Science, Cyber Security and Privacy Cluster, University of Central Florida.
IBM calls this human hacking, because it exploits human error instead of system error.
“With people just being busy and maybe not very carefully checking some of the emails or the phone calls that they get, can be something unfortunately that people can fall victim to,” said Moran.
Also known as social engineering, this often takes the form of phishing, where the hacker tries to “fish” the information out of you by impersonating family, friends, or even your bank.
There’s also baiting, where the hacker baits you with something of value. Remember the Nigerian prince scam?
That’s a famous example of baiting. There’s also pretexting, where the hacker will claim the victim has already been hacked, and that the hacker can fix it if you just send over your passwords. So, what can you do?
“Just as a rule of thumb, instead of clicking on links and emails, just go to the website yourself. And that will prevent, a lot of these types of attacks from happening,” explained Moran.
Phishing can take many forms.
Spear phishing targets people with access to confidential information, often to get access into an entire business, and whale phishing targets CEOs or political figures.
Search engine phishing is when hackers create fake websites promising services or goods you’ll never receive.
Angler phishing is when hackers create fake social media accounts impersonating famous people or companies.
Finally, vishing and smishing is phishing done through phone calls and texts respectively.
- General News2 days ago
AfDB to Provide $184.1mfor Africa’s Largest Solar Energy, Battery Storage Project
- News2 days ago
Report Reveals New Malware Posing as an AI Assistant Steals User Data
- General News2 days ago
Court Declines Access Bank’s Request to Freeze MTNN Account over N180Bn Claims
- Telecom2 days ago
MTN Mulls Establishment of Fintech Firm in Nigeria, Others
- Telecom3 days ago
ngCERT Issues High Alert to Nigerians Using Android Phones
- Telecom3 days ago
MTN and Ecobank Launch Chess Championship to Empower Nigeria’s Youth
- E-Business2 days ago
FG Mulls Fibre Optic Layout to Bridge Internet Gaps
- General News3 days ago
OSGOF, NASRDA Partner to Boost Geospatial Data, Others