News
Women Entrepreneurs: Driving Force Behind Economic Growth in Africa

With focus on supporting the growth and development of women entrepreneurs in Africa, Mastercard has committed to three partnerships that will impact women in Egypt, Nigeria and South Africa.
This comes in celebration of the annual Women Entrepreneurship Day, serving as a reminder of the important role women play in economic development in Africa.
The partnerships will include Injaz in Egypt, Youth for Technology Foundation (YTF) in Nigeria and Junior Achievement South Africa (JA South Africa).
These partnerships will focus on empowering young girls and women through financial literacy training and mentorship, giving them access to a network of women in similar situations.
Supporting these female entrepreneurs is vital to their sustained growth, as they become self-sufficient and better able to provide for themselves and their families.
This has a positive impact on their immediate community as well, with knowledge transfer and employment opportunities being created.
The importance becomes even more evident when you consider that Africa has the world’s highest rate of working poverty – people who are employed but earning less than US$2 a day.
Additionally, according to the World Bank Africa’s youth population is expected to grow by 42.5 million by 2020.
Partnerships That Work
In Egypt, Mastercard will collaborate with Injaz Egypt to introduce a skills development program for young female entrepreneurs to help them establish, sustain and grow their businesses.
Twenty teams of Egyptian women aged between 21 and 27 over an eight month period will be empowered to pursue their dreams and establish their financial independence. Trainings will include planning and review of establishing a business model.
With women making up almost 50 percent of the population in Egypt, and according to the CAPMAS study they are the head of almost 18 percent of households but only constitute less than a quarter of the country’s labour force.
With an unemployment rate of 12.5 percent, small and medium enterprises are a vital catalyst for economic growth.
Across in Nigeria, the most populated country in Africa – Mastercard has recommitted to its partnership with YTF to continue efforts to improve the lives of women through financial literacy, technology and skills-enhancement training.
The partnership, established in 2012, will now include the training and mentorship of 150 apprentices, talented young women that are now working for female business owners that have previously gone through or are currently going through the YTF programme.
This will create a ripple effect that will impact generations of women in Nigeria. To date, the partnership has impacted over 11,000 Nigerian women entrepreneurs across 14 states.
To see how much of an impact the partnership has had – watch the story of Afoma Ebri, an entrepreneur from Owerri in Nigeria.
In South Africa, Mastercard will be extending its support of the JA South Africa Mini Enterprise Programme for the sixth year, with a R1.4 million donation that sees more than 450 learners, predominantly young women, participate in the organisation’s flagship programme. To date, over 2,500 young South Africans have benefited from the partnership.
The Mini Enterprise Programme guides the selected Grade 10 and 11 learners from 13 schools across seven provinces in theory and practical sessions over a 15 week period.
Focusing on business theory, accounting, cash flow and marketing, the programme helps the learners to develop and market their own product to their community, while building their interpersonal skills and confidence.
Stories of Hope and Resilience
The impact being made through the collaboration between Mastercard and YTF is evident by the stories of women in Nigeria empowering themselves and their families. Eucharia, a 36 year old proud mother of four, started her tiling and building materials supply business Tokaf Investments in what is a typically male-dominated industry.
Another challenge was an over-sized and under-used warehouse that served as more of a liability than an asset.
The training she received enabled her to totally re-brand her business and grow it by 60% using mobile technology to engage with her customers.
Euchaira has cut costs significantly and created growth that allows her to support her family, and also help mentor young girls in her community.
Bonolo Modise, aged 20, completed the JA South Africa course in 2013. Since primary school, she has run a small business called Jewellery by Noli, and makes custom jewellery using water pearls and African beads. Like her, nineteen-year old Faith Modipa completed the JA course in the same year, and is now studying a BCom in Accounting Sciences at the University of Pretoria. She aims to open her own accounting practice, and will draw on the skills learnt during the programme.
Partnerships across the continent, such as those established by Mastercard, will go a long way in securing the future of women as they establish themselves as business owners. Women entrepreneurs will have a dramatic impact on the growth of economies across Africa, and should not be underestimated.
News
CISA Asks NDPC, Police to Act on Alleged Data Breach by NIPSS

Citizens Initiative for Safety Awareness (CISA), advocacy group focused on security, data protection, and counter-terrorism, has urged the Nigeria Data Protection Commission (NDPC) to provide an update on a petition alleging a cybersecurity breach and unlawful access to private communications involving officials of the National Institute for Policy and Strategic Studies (NIPSS).

Mr Chidi Omeje, national coordinator, in a letter dated April 10, 2026, observed no response from the commission so far.
Filed on July 1, 2025, by Mr Yushau A. Shuaib, the petition claims unauthorised access, interception, and use of private digital correspondence belonging to him and PRNigeria, his company.
The complaint named Barrister Nima Salman Mann, Rear Admiral Abubakar Abdullahi Mustapha, and Professor Elias Wahab concerning the alleged breach. Such incidents are outlined in the Nigeria Data Protection Act (NDPA) 2023, regarding data privacy, cybersecurity safeguards, and the protection of sensitive information.
CISA said if confirmed, the alleged actions contravene Nigeria’s data protection framework, with implications for data governance, safety of confidential media sources, and public trust in institutions.
It requests the NDPC to clarify the status of the probe, disclose any interim findings, and cite measures to prevent similar breaches.
The organisation believes the matter has evolved beyond an individual complaint, describing it as a test of the government’s commitment to enforcing its data protection laws, especially within ministries, departments, and agencies.
CISA also appealed to Tunji Disu, inspector general of Police, to order an investigation into the alleged cybercrime.
In a statement, Omeje criticised the “prolonged delay” by the Force Criminal Investigation Department (FCID) in acting on a petition submitted since June 2025.
The group said, despite “credible evidence,” the police had yet to invite or question the individuals mentioned. Pointing out that two of the officials share membership in the National Institute (mni) with the former DIG at the FCID, CISA raised concerns about a possible conflict of interest.
Omeje clarified that the petition was different from the civil suit at the Federal High Court over Mr Shuaib’s withdrawal from the NIPSS programme.
“An elementary legal principle holds that a civil suit cannot be a bar to criminal investigation or prosecution,” he noted.
CISA called on the police to act in accordance with due process, advising the authorities to uphold the rule of law and restore public confidence.
It contends that failure to act decisively could erode trust in law enforcement and reinforce perceptions of a two-tier justice system.
News
Kaspersky Reports Online Scam Exposure Remains Widespread Despite High Levels of Self-assurance

A recent Kaspersky survey highlights a considerable gap between consumers’ confidence in identifying online scams and their actual exposure to cyber threats.

According to the findings, more than one-third of respondents (36%) in the Middle East, Turkiye and Africa (META) region reported encountering an online scam or attempted scam within the past 12 months, underscoring the persistent and evolving nature of digital risks.
Worryingly, these threats are far from hypothetical: 37% of surveyed users in the META region have fallen victim to online scams resulting in data compromise or financial loss.
Among those affected, nearly half (49%) experienced scams via social media platforms, while 48% reported investment or financial fraud attempts, 41% – scam associated with fake delivery or postal messages.
Phishing emails remain a significant threat as well, impacting 43% of respondents. These figures point to the increasingly diverse tactics used by cybercriminals to target individuals across multiple channels.
Despite this, confidence levels remain strikingly high: 80% of respondents in META believe they can recognise a scam, with 34% expressing strong certainty in their ability to avoid falling victim. This overconfidence may contribute to risky online behaviour and reduced vigilance.
When it comes to protective measures, respondents demonstrate mixed habits. While 57% report using strong and unique passwords, only 36% consistently check URLs before clicking, and 34% avoid public Wi-Fi for sensitive activities.
Notably, fewer than half (40%) use a dedicated security solution, which means a significant amount of people can face negative effects from cyberthreats. Alarmingly, 6% admit they do not use any specific security measures at all.
Regular maintenance of digital security tools also appears inconsistent. Just 35% of respondents in the META region update passwords and review security settings on a regular basis – at least once a month or more often. Meanwhile, 41% do so only occasionally, 19% rarely, and 5% never take such actions.
“The survey findings highlight a critical need for increased awareness and stronger adoption of comprehensive cybersecurity practices. While individual habits such as password hygiene and cautious browsing are essential, they should be complemented by reliable security solutions and regular security updates to effectively mitigate modern cyber threats,” comments Seifallah Jedidi, Head of Consumer Channel in the Middle East, Turkiye and Africa at Kaspersky.
News
Tinubu Tasks NRS to Restore Public Trust Amid Fiscal Changes

Against a backdrop of public criticism regarding ongoing tax reform policies, President Bola Tinubu on Tuesday charged the Nigeria Revenue Service to restore public confidence and ensure fairness in the implementation of the national tax system.

Tinubu gave the charge while commissioning the 16-storey head office complex of the revenue service in Abuja.
“No government can demand trust from its citizens when taxation is opaque, inefficient or unjust,” President Tinubu said.
The president commended Nigerians for enduring the economic reforms introduced by his administration, stating that no serious nation can achieve lasting prosperity on a weak and fragmented revenue system.
He stated that tax reform policies must be implemented to earn the confidence of Nigerians at home and abroad. He charged the revenue service to ensure that the policy embodies a new ethos.
“It must not only collect revenue, it must build trust, it must ensure fairness and it must demonstrate that government can be accountable, efficient and responsive,” Tinubu said. “It must become a model institution that earns confidence at home and respect abroad.”
The president thanked the Nigerian people for their resilience and perseverance. He recalled his inauguration day pledge to move Nigerians from the “darkness of uncertainty into the clear light of Renewed Hope”.
“I committed that we would confront structural weaknesses, restore fairness and build an economy anchored on discipline, equity and opportunity,” he said. “Today I stand before you to reaffirm that these words were not rhetoric.”
He described his inauguration pledge as a “contract with the Nigerian people”, adding that the gathering was not merely to commission a building but to mark a milestone in a larger national journey.
Tinubu explained that the administration took the bold decision to embark on far-reaching tax and fiscal reforms to simplify the system, eliminate distortions and create a transparent, investment-friendly environment.
“Our direction is clear,” he said. “A revenue system that rewards enterprise, supports growth and ensures that every contribution to the national cause is matched by value for the people.”
Tinubu described early results as “fantastic”, commending the revenue service for improved fiscal stability, stronger foreign reserves and increased investor confidence.
According to the president, these gains are the product of deliberate policy and a commitment to long-term prosperity. He noted that the new headquarters is a symbol of professionalism, transparency and efficiency.
“It reflects our resolve that institutions must rise to meet the demand of reforms and the expectations of the Nigerian people,” he said.
President Tinubu called for a better future, urging those who follow to build on a history greater than the vision of their forebears.
He noted that the completion of the building is a statement that Nigeria is no longer content with promises. “We are delivering progress,” he said. “History will not judge us by what we say, but by what we do.”
Tinubu stated that the work of national renewal demands consistency, courage and collective resolve. He added that the nation’s future is determined by the choice of reform, discipline and prosperity.
The president assured that his administration will remain focused until the promise to Nigerians is matched by the performance of its institutions and the prosperity of its people.
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