Telecom
Wafict Congress Organizers Line Up Star Speakers
Following an exceptional outing in 2009, organisers of the conference, IT & Telecom Digest, working in conjunction with the Commonwealth Telecommunications Organisation, have announced a speaker line up that includes ministers, regulators and leading industry experts and operators drawn from within West Africa, Europe, South Africa and the United States of America, aimed at giving the West African market an intellectual boost.
Delegates to the second West African ICT Congress, (Wafict 2010), will get several opportunities to hear from these industry experts, when the conference opens in Lagos on June 1. With the theme “Moving West Africa Forward: policy and technology imperatives – trends, potentials and challenges,” and running along the 10th Wafri.Tel exhibition, the event, touted as the biggest communications in west Africa, promises to present in the speaker line-up, a galaxy of telecom start from across the world.
The speaker line up includes Minister of Communications, Ghana Hon. Haruna Iddrisu, Hon Alhaji Ibrahim Ben Kargbo, Minister of Information & Communications, Sierra Leone, his counterparts in The Ghambia, Hon Ms Fatim Badji, (Minister of Communications and Information Technology), Hon Abdourahim Agne, Minister of Telecommunications, ICT, and Transports, Senegal as well as Hon Issa Tchiroma Bakary, Minister of Communications, Cameroon. The ministers are expected to be led by their Nigerian counterparts, Prof. Dora Akunyili and Mr. Labaran Maku, Minister and Minister of State for Information and Communications respectively.
Others on the star line up of speakers include Engr. Stephen Bello, acting executive vice chairman of the Nigerian Communications Commission as well as Engr. Ernest Ndukwe, the former EVC of the NCC. Mr. Mohamed Jameel, group chief operating officer, Globacom, Dr. Ekwo Spio-Garbrah, chief executive officer of the CTO as well as Mr. David Hartshorn, secretary-general of the Global Vsat Forum, will also speak at the three-day conference.
Giving more information on the forthcoming Wafict 2010 and the line up of speakers, the Editor-in-Chief of IT & Telecom Digest, Mr. Mkpe Abang said: “Because of the importance of the regulators’ role in moving the telecom industry forward we are also bringing key regulators from within the region, including Mr. Bernard Adu Forson, Jr. DG, National Communications Authority, Ghana, Mr. Siray A. Timbo, Chairman, National Telecommunications Commission, Sierra Leone, to join their Nigerian counterparts in our quest for providing working solutions for growing the west African telecom industry.”
Speaking further, Abang said CEOs of various operating companies, including Jeffrey Hedberg (Multi-Links Telkom), Steven Evans (Etisalat Nigeria), Ahmad Farroukh (MTN Nigeria) and Anurag Garg (DOPC) will be speaking at the event.
The list also include Mr. Greg Wyler, Founder/CEO of the 03b Networks, Funke Opeke, CEO of Main Street Technologies, Chief Leo Stan-Ekeh, Chairman of Zinox Technologies, Mr. Flavien Bachabi, Vice President, Africa, Intelsat, as well as industry leaders such as Engr. Gbenga Adebayo, Chairman, Association of Licensed Telephone Operators of Nigeria (Alton) and Dr. Emmanuel Ekuwem, President of the Association of Telecom Companies of Nigeria (ATCON).
“We really want to ensure WAFICT 2010 lives up to its billings as West Africa’s leading communications event. So, on the speaker list is also the CEO of Zain Nigeria, Mr. Alain Sainte-Marie, Chairman of the UK-based Castell Consulting, Dr. Stephen Castell, CEO of Phase 3 Telecom, Mr. Stanley Jegede, as well as the new President of ECOWAS, Ambassador James Victor Gbeho,” Abang further stated.
The organisers, in announcing the event, stated: “With competition from new mobile and allied ICT entrants, a growing market that embraces and shows great potential for broadband, limitless taste for mobile, WiMAX, network solutions, computing and e-business solutions, among others, Africa’s largest market, Nigeria, is also reputed as having the most transparent and best regulatory environment supportive for telecom and IT investment and growth in Africa.
“Little wonder that Nigeria is the perfect setting for West Africa’s most fulfilling conference, the West African ICT Congress (WAFICT), a perfect platform for taking the giant steps the sub-region needs to move from digital exclusion to inclusion.
Running alongside the award-winning West African International Telecommunications and Information Communications Technology exhibition (W.Afri.Tel) now in its 10th year, WAFICT Congress 2010 will gather the industry’s best, experienced, skilled and skilful professionals, operators, experts, regulators and government decision makers – with the sole aim of growing West Africa’s market for the good of all.
“Our speaker list consisting of ministers, regulators, CEOs, experts, professionals, decision makers, operators and service providers for the conference agenda, is therefore tailored to meet the growing trends in the industry in line with the theme, which seeks to deliberate on the socio-political and regulatory challenges facing West Africa as it struggles with keeping pace with the rest of the world,” the organizers stated.
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.
Telecom
Moniepoint Seals 78% Stake in Kenya’s Sumac Bank for East Africa Push

Nigerian fintech unicorn Moniepoint Inc. has finalised its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, gaining a key deposit-taking licence for credit expansion in East Africa’s biggest economy.

The deal, marked by a Nairobi reception, bypasses the Central Bank of Kenya’s licence freeze, letting Moniepoint rival giants like Safaricom and Equity Group after a stalled Kopo Kopo bid.
It signals Africa’s fintech shift to licensed banking and mergers, equipping Moniepoint to roll out high-speed SME lending via Sumac’s 20-year-old infrastructure and branches.
The acquisition builds a cross-border merchant ecosystem beyond fees, integrating recent Orda buyout (cloud restaurant software) for “business-in-a-box” tools like inventory, payroll, and capital amid Kenya’s digital lending scrutiny.
Moniepoint, which hit $294 billion annualised transactions in 2025, eyes Kenya’s SMEs with Nigeria-honed retail expertise.
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