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Silicon Valley-based Founder Institute Launches Newest Chapter in Abuja

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The Founder Institute, the world’s largest pre-seed accelerator, has announced that it is officially launching its newest chapter in Abuja, Nigeria. With plans to run two semesters annually, the Founder Institute aims to launch over 20 meaningful and enduring technology companies per year in Abuja.

Applications to the program are open now, and anyone interested in working with Abuja’s top startup mentors to launch a technology company is welcome to apply to the Abuja Founder Institute.

In order to celebrate the launch, the Abuja Founder Institute will host a series of free startup events for the general public, where attendees can learn how to build a company and learn more about the program.

For aspiring and early-stage entrepreneurs up to the challenge, the Founder Institute’s step-by-step program provides the structure, mentor support, and global network of entrepreneurs needed to start an enduring company.

The Founder Institute is the only program of its kind that focuses on people versus ideas, accepts founders with day jobs, and shares equity with all participants.

Founder Institute Graduate companies include fast-rising startups across 6 continents like Udemy, Realty Mogul, Zowasel, Limestart, Rentit, Athlst and many more.

In addition, the Abuja 2020 program will include the Founder Institute’s newest company-building curriculum suitable to address the needs of advanced founders (MVP stage) as well as aspiring new entrepreneurs at the idea-stage – a project just released this year in collaboration with hundreds of startup leaders across the globe.

The Abuja Chapter will once again be led by local startup leaders Abdulrazaq Ahmed (Founder, Work and connect Hub), Christian Ndubisi. (Co-founder, 42 NG), Fisayo Olabisi (CEO, TukioKonsults), Mohammed Ibrahim Jega,(Founder, StartupArewa).

According to Chukwuemeka Fred Agbata Jnr. Regional Director, Founder Institute, “Startups in Abuja now have the unique opportunity of joining other startups in various other cities across the globe to benefit from FI’s hard-core, time tested curriculum and global network.”

Mentors who have expressed interest in helping Abuja Founder Institute participants include:
● Abdul Hakeem Ajijola: Chairman, Consultancy Support Services (CS2) Ltd
● Afolabi Imoukhede: CEO, MCS Consulting Limited
● Aituaz Kola Oladejo: Executive Director, Financial Services Innovators (FSI)
● AkindayoAkindolani: Founder, McAnderson Institute of Technology
● Anna Ekeledo: Executive Director , AfriLabs
● Ayodeji Abitogun: Lead Consultant, Management Edge
● Bankole Oloruntoba: CEO, Nigeria Climate Innovation Center
● Basil Udotai Esq.: Managing Partner , Technology Advisors
● ChiomaAgwuegbo: Founder, TechHer
● Collins Nwosu: Executive Director, P.R.I. global ventures limited
● DoyinAdewola: CEO, Box Office Hub
● Ife Adebayo: Special Assistant on Innovation & Entrepreneurship to the Nigerian Vice President, Vice President Office, Federal Republic of Nigeria
● Ifeoma Malo: CEO, Clean Technology Hub
● Kadir Salami: CEO, Techspecialist Consulting, Procurease
● Kola Aina: Founder, Ventures Platform
● Lanre Philips: CEO, Elpee Consults
● Lawrence Olawale Roberts: CEO , MicroBoss Technologies
● Louisa Ogwuru: Co-founder, Insiteful Solutions, Alfret.Ng
● Mercy Olorunfemi: Program Manager, Work and Connect
● Michael Oluwagbemi, Executive Partner, LoftyInc Allied Partners Limited
● Mohammed B. Hussaini: CEO, Cupious Energy
● Musa Ali Baba: CEO, Teasy Mobile
● Nkechi Oguchi: CEO, Ventures Park
● NkoyoEfretei: CEO, Insiteful Solutions and Talented Space
● Noel Akpata: CEO, Stratex Pro
● OsasenagaEnogieru: National Program Manager, Wennovation Hub
● OyajeIdoko: CEO, Layer3 Tech
● Philip Agbese Jnr.: Founder, CAVIC.
● Raji Mohammed: Co-Founder, MyLearningAcademy
● Saidu Abdullahi: Head of Partnerships, Next Billion Users, Google
● Simiola Olusola: Founder, Aspilos Foundation
● And many more to be announced.

Abuja being the capital city isn’t just a civil servants’ city anymore. The city is characterized by a constant influx of fresh young entrepreneurs looking to launch new businesses and to collaborate with the government and its parastatals.

With the launch of government-funded projects like StartUp Fridays (A platform that enables young entrepreneurs to pitch their startups, receive feedback and network with potential investors), it is obvious that the government is always ready to provide support for tech entrepreneurs and established businesses in Abuja.

Startups need more than just money in Abuja. They need a framework and a community to support their ideas and to help them build a valuable network.

The city’s unique combination of entrepreneurial energy, quality of life and a supportive government makes it a perfect place for entrepreneurs trying to build a more liveable future.

Anybody who is interested can apply to the Abuja Founder Institute. Anyone who applies by the Early Application Deadline (2020-03-29) is eligible for a variety of scholarships – including the Female Founder Fellowship, which is offered to the best overall female applicant.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

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The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.

The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.

In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.

Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.

Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.

“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.

 


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MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

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MTN Nigeria, the country’s largest telecommunications operator, recorded a historic surge in network disruptions in 2025, suffering 9,218 fibre cuts as of December 31, alongside 211 base station sites affected by theft and vandalism, incidents that disrupted mobile and data services relied upon daily by millions of Nigerians.

MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

The data was revealed by Dr Karl Toriola, chief executive officer/managing director, MTN Nigeria via a social media post titled ‘MTN Nigeria 2025 Wrapped’.

The scale of the damage highlights the growing vulnerability of Nigeria’s telecommunications infrastructure, which has come under increasing pressure from road construction activities, cable theft and deliberate acts of vandalism.

MTN said 5,478 fibre cuts occurred within just the first seven months of 2025, with 760 incidents recorded in July alone, underscoring the intensity of the challenge.

Some of the incidents had wide-ranging consequences, knocking out connectivity across multiple states simultaneously and affecting voice calls, data services, digital payments and enterprise operations.

The company described the situation as a national infrastructure problem, rather than an isolated corporate issue, given the economy’s deep dependence on mobile networks.

“These gaps were shaped by real operational challenges such as fibre cuts, theft, and vandalism. Their impact is felt directly by customers and reflected in what they tell us,” Toriola,

The disruptions were reflected in customer feedback volumes, as MTN handled an unprecedented number of complaints during the year. The operator said it resolved 1,624,263 customer complaints in 2025, spanning call centres, social media platforms, emails and physical service centres nationwide.

Despite the setbacks, MTN pointed to signs of operational resilience. The company retained its ranking as Nigeria’s best network by Ookla, returned to profitability after a challenging period, declared an interim dividend, and expanded its subscriber base to over 85 million users by September 2025.

The figures show that while Nigeria’s telecom operators continue to invest heavily in network expansion and customer service, infrastructure sabotage remains a major drag on service quality and operating costs.

MTN acknowledged that performance improvements remain a work in progress. “We are not where we want to be yet. We see you. We hear you. We exist because of you. And we will get better,” Toriola said.

As the company enters its 25th year of operations in Nigeria, Toriola said MTN is doubling down on customer-centricity, treating every piece of feedback as a guide for improvement, while also stepping up engagement with government agencies.

The CEO renewed calls for stronger regulatory and legal protections for telecommunications infrastructure, urging policymakers to classify fibre cables, base stations and other critical assets as national infrastructure and criminalise vandalism to deter repeat attacks.


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NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

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Nigerian Communications Commission (NCC) has granted operating licences to six new Internet Service Providers (ISPs), effective January 1, 2026, raising the total number of authorised ISPs in the country to 231 from 225 recorded in December 2025.

NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

NCC

The newly licensed firms are Intellvision Technologies Limited, Granet Technologies Limited, Fiber Sonic Limited, Dasol Solution Services Ltd, Boost ISP Limited, and Amazon Kuiper Nigeria Limited.

Five of these companies are headquartered in Lagos, while Granet Technologies Limited operates from Owerri in Imo State, highlighting the persistent concentration of broadband infrastructure in major commercial hubs like Lagos, Abuja, and Port Harcourt.

This development intensifies competition in Nigeria’s broadband market, which faces pressure from dominant mobile network operators such as MTN and Airtel, alongside rapid expansion by satellite providers like Starlink.

Traditional ISPs continue to grapple with shrinking customer bases, aggressive data pricing from telcos, and satellite disruptions, even as NCC data from Q2 2025 showed Spectranet, Starlink, and FibreOne controlling about 65 per cent of the 313,713 active ISP subscribers.

The inclusion of Amazon Kuiper Nigeria Limited marks a significant entry of global satellite broadband competition, building on Nigeria’s recent approvals for other low Earth orbit providers to enhance connectivity in underserved areas.

Industry analysts view the licences as a strategic push to improve internet quality amid rising demand for digital services, though geographic clustering underscores ongoing infrastructure challenges outside urban centres.

NCC’s move aligns with broader efforts to foster a competitive telecoms sector critical to Nigeria’s digital economy ambitions.


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