Telecom
TEXUB Expands Footprint to Nigeria, Pledges to Build Global Online IT B2B Marketplace
TEXUB, a global B2B marketplace pioneering the future of IT trade, which launched in Dubai, UAE on May 25, 2022 has set up a hub in Nigeria to underscore the premium it places in the local and Africa markets.
Suchit Kumar,CEO TEXUB
Suchit Kumar, CEO of TEXUB, speaking during an Interactive Session with some ICT Journalists at the Colossus, Ikeja, Lagos, south west, Nigeria, said that the aim of the meeting was to acquaint the media of the company’s business model and its plans for the Nigeria Market.
The event facilitated by White-Stone Communications, publisher of Cyber Era, was attended by the TEXUB Business Development Manager, Kamal Manjotra, TEXUB partner representative-Dolphin Otis, Otigba Olisa-Emeka and a cross section of ICT journalists under the aegis of the Nigeria Information Technology Reporters Association(NITRA).
TEXUB, a true IT marketplace takes the lead in this particular model of operations for online B2B sales, heralding the reality of the future.
Group photograph of participants at the Interactive Session with some ICT Journalists at the Colossus, Ikeja, Lagos, south west, Nigeria,
The start-up, headquartered in Dubai, will offer a safe, stable and seamless digital ecosystem for global IT trade in the B2B space by taking care of end-to-end business requirements and simplifying operations.
According to Kumar, “TEXUB, as a key selling point model is a non-subscription-based business which offers unlimited access to business transactions for verified buyers and sellers.
“The platform enables sellers to upload multiple products with ease and sell globally across several hubs with the option to define regional restrictions if required.
“Buyers can purchase globally and enhance their supplier base, which helps them avail of globally competitive pricing options.
“TEXUB serves as an ideal channel facilitator as it overcomes the physical limitations of customer reach. The platform supports smaller vendors in establishing themselves in global markets.
“By diversifying and broadening their sources, TEXUB provides expansion opportunities for businesses both large and small”.
L-R: Kamal Manjotra, TEXUB Business Development Manager, Suchit Kumar, CEO of TEXUB and Clifford Agugoesi, CEO, White-Stone Communications, publisher of Cyber Era, at the Media Interactive Session.
At the Dubai launch, Mr. Kumar said: “TEXUB is an initiative to prepare for the inevitable where the post-pandemic reality of business transformation has moved onto digital platforms.
“We aim to be truly global in our approach and offer our customers the choice to do business without borders.
“Dubai is the ideal location for us to position ourselves as an online platform. Being set in the heart of a global trade hub, TEXUB ensures international connectivity” says CEO of TEXUB.
Consultant Director at TEXUB, Niranjan Gidwani comments, “With most of the world finding an online foothold, there is an undeniable global shift in the way a business functions today.
“All businesses are striving to continuously innovate and utilize more efficient ways in which they can achieve tangible results.
“And here is where digital business transformation becomes the current baseline of successful outcomes. Given this scenario, TEXUB can be leveraged to expand and simplify business, both on and offline.”
“TEXUB believes that garnering customer trust is crucial both for buyers as well as sellers. At TEXUB, people represent that trust. To substantiate their belief, the company has built a very strong board of individuals who are business stalwarts bringing a wealth of experience with them.
Cross section of participants at the Media Interactive Session.
“This distinguished set of industry leaders includes Founder member of Dubai Computer Group as the CEO of TEXUB; Suchit Kumar, Managing Partner InGroup Consulting, former CEO and Chairman of Intelenet Global Services and current Chairman of VFS Global, Susir Kumar, Founder CEO of Emax Electronics, Chairman of NB Ventures and start-up angel investor Neelesh Bhatnagar,; former CEO of EROS Group and a member of UAE Super Brands Council and Axel Holst as Managing Director of TEXUB Europe, Niranjan Gidwani”.
“Keeping in mind the interests of all the stakeholders, identities are masked on TEXUB, and buyers and sellers remain anonymous while trading, seamlessly ensuring world-class data security.
“Moreover, all payment transactions and shipments are routed through TEXUB. Local billing options, in-country trade and crypto options with a secured gateway amplify the trading experience and reduce operational costs for buyers and sellers while keeping them secure online” he added.
A true B2B marketplace, TEXUB is a convenient platform that facilitates distributors, buyers, resellers and brands within the industry. With a strong digital ecosystem and scalable cloud platform, TEXUB spotlights an unprecedented and compelling journey into the IT business economy.
MENXTT TECH NG, a Lagos-based technology company, has launched an initiative to make quality Dell laptops more affordable for Nigerians through flexible payment plans and extended warranty support.
The company said the initiative was aimed at helping students, entrepreneurs, professionals and small businesses acquire reliable computing devices despite rising technology costs.
According to the company, customers can now purchase premium pre-owned Dell Latitude, Dell Precision and Dell Inspiron laptops at competitive prices, with selected models available under staggered payment arrangements.
The laptops, it said, are designed to meet the needs of users ranging from students and office workers to architects, engineers, software developers, graphic designers and video editors.
Speaking on the initiative, the Co-Founder of MENXTT TECH NG, Mr Anthony Emeka Nwosu, said access to quality technology should not be limited by financial constraints.
“A laptop is no longer a luxury; it is an essential tool for education, business and career development.
“Unfortunately, many people are forced to settle for unreliable devices because of the high cost of new laptops.
“At MENXTT TECH NG, we want to bridge that gap by providing durable Dell business laptops at affordable prices, backed by a full one-year warranty and flexible payment plans.
“We want every student, entrepreneur, freelancer and business owner to have access to technology that helps them succeed,” he said.
Nwosu explained that every laptop undergoes comprehensive testing before delivery and comes with a one-year warranty, an original charger, a complimentary laptop bag, Windows 11 operating system and Microsoft Office Suite pre-installed.
He added that the company, an authorised Bitdefender Antivirus reseller in Nigeria, also installs genuine Bitdefender security software on every system to protect customers against cyber threats.
According to him, customers requiring additional productivity tools can also have licensed Foxit PDF software installed on their devices.
Nwosu said the flexible payment option was introduced in response to prevailing economic realities, enabling customers to spread payments over an agreed period.
He noted that the arrangement would make it easier for students, startups and growing businesses to acquire quality computers without placing excessive pressure on their finances.
Beyond laptop sales, the company provides information technology consultancy, computer repairs, software licensing, cybersecurity solutions and digital transformation services to organisations across Nigeria.
He reaffirmed the company’s commitment to supporting Nigeria’s digital economy by making dependable computing devices and enterprise technology solutions more accessible to individuals and businesses.
According to him, the initiative reflects MENXTT TECH NG’s vision of combining affordability, quality products and professional after-sales support to help more Nigerians participate in the country’s expanding digital ecosystem. (NAN)
African ministers responsible for Information and Communication Technology (ICT) have adopted the 2026 Abuja Declaration on Meaningful Connectivity for Africa, committing member states to accelerate internet access in rural, remote and underserved communities across the continent.
The declaration was adopted at the Seventh Ordinary Session of the Conference of Plenipotentiaries of the African Telecommunications Union (ATU), held in Abuja.
The agreement seeks to address Africa’s widening digital divide by promoting policies and investments that will improve digital infrastructure, stimulate demand for internet services and ensure equitable access to digital opportunities.
In a statement endorsed by the participating member states, the ministers noted that Africa continues to lag behind other regions of the world in internet connectivity despite rapid global digital expansion.
The declaration, signed by Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, who assumed the role of Chairperson of the conference, highlighted the urgency of expanding digital inclusion across the continent.
According to the statement, global internet usage has reached about 68 per cent, rising to as much as 94 per cent in high-income countries, while internet penetration in Africa remains slightly above 38 per cent, the lowest among all regions of the International Telecommunication Union (ITU).
The ministers expressed concern that the disparity continues to limit socio-economic development, innovation, education, healthcare delivery and access to digital public services for millions of Africans.
They agreed that closing the connectivity gap, particularly in underserved communities, should become a continental priority requiring coordinated action by governments, regulators, development partners and the private sector.
The declaration establishes a framework centred on expanding digital infrastructure, increasing broadband adoption, stimulating demand for digital services and promoting equitable access to connectivity.
It also encourages member states to implement policies that will improve affordability, strengthen digital skills and create an enabling environment for sustainable investment in telecommunications infrastructure.
“Affirming that closing Africa’s connectivity and usage gap, particularly in rural, remote and underserved communities, is an urgent continental priority,” the declaration stated.
The conference further called on international development partners, industry stakeholders and civil society organisations to align their investments and programmes with the African Union’s Agenda 2063 and the Digital Transformation Strategy for Africa.
The ministers expressed optimism that stronger regional collaboration would accelerate digital transformation, foster inclusive economic growth and ensure that more Africans benefit from opportunities created by the digital economy.
Clydestone Ghana Plc has filed a writ of summons and statement of claim against MTN Ghana, MTN Group Limited and Mobile Money Fintech Limited, alleging unauthorized use of its intellectual property.
The company announced the court action at the Ghana Stock Exchange, confirming proceedings in the Commercial Division of the High Court of Ghana.
The case relates to work commissioned in 2007 that Clydestone alleges was later used without authorisation or compensation.
Clydestone said the claim involves proprietary intellectual property, confidential commercial information and operational methodology developed during the engagement. The company is seeking declarations, damages and equitable remedies.
In a statement, Clydestone said MTN Ghana engaged it in 2007 to develop a commercial and operational framework for a mobile money business.
“The work was developed and delivered by the company’s founder and Group CEO, Paul Jacquaye, and included a full mobile money ecosystem covering the commercial model, operational architecture, implementation methodology and business case.”
Clydestone said the work was commissioned on the understanding that a non-disclosure agreement and memorandum of understanding would be signed.
It alleges these agreements were not finalised despite repeated requests.
The company further alleges MTN Ghana later used its proprietary work and methodology without authorisation or compensation, including in MTN Mobile Money Ghana and other markets.
Clydestone said the alleged use has continued since the launch of MTN Mobile Money Ghana in 2009.
“The wrongful use of that work has been ongoing since 2009. What has changed is the availability of independently verifiable information that documents its scale and commercial significance,” the company said.
It cited the GSMA State of the Industry Report on Mobile Money 2026 and MTN Ghana’s 2025 annual report as evidence of the platform’s scale.
According to Clydestone, the reports show approximately 19.3 million active users and annual revenue of about GHS 6.0 billion ($516m).
The company said it reviewed its records following these publications and concluded there were sufficient grounds to initiate legal proceedings.
It added that it has received no payment or acknowledgement for the work since December 2007, and that pre-action correspondence in 2026 received no substantive response.
“The Board of Directors has unanimously authorised the commencement of these proceedings,” the company said.
Jacquaye said: “This case is about accountability for commissioned intellectual property.
“When independent publications in 2025 and 2026 revealed the scale of the mobile money business, we reviewed all documentation relating to the original engagement and concluded these proceedings were necessary.”
MTN Group Limited, named as a defendant, had not commented at the time of publication.
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