Industry News

Ericsson South Africa has appointed Siseko Ngxola as country head, reinforcing its long-term commitment to the local market and its focus on advancing connectivity-driven innovation.

Siseko assumes responsibility for leading the company’s local strategy development and execution, with a mandate to strengthen Ericsson’s market position and deepen engagement with customers and partners across South Africa’s telecommunications ecosystem.

He brings more than 20 years of experience in the telecommunications sector. Prior to this appointment, Siseko served as key account manager at Ericsson, where he was responsible for managing strategic customer relationships. His career also includes senior leadership roles at Amdocs, Nokia and Cisco, where he gained experience across network infrastructure, digital services and enterprise technology solutions.

“I am honored to lead Ericsson in South Africa during such an exciting time. The power of connectivity to transform lives and industries has never been more apparent,” Siseko says.

His appointment follows the departure of his predecessor and comes at a time of continued evolution in the local and global telecommunications landscape. Siseko is expected to guide Ericsson South Africa through this period, with a focus on aligning technology leadership with measurable outcomes for customers, industry stakeholders and the broader economy.

 Source : cio-sa.co.za

MTN Ghana is in active discussions with the Bank of Ghana (BoG) over securing a digital banking licence, as the telecommunications giant positions itself for the next phase of financial services expansion that would move it well beyond traditional mobile money operations.

MTN Group President and Chief Executive Officer Ralph Mupita confirmed the pursuit during his three-day strategic visit to Accra in February 2026, describing digital banking as the natural next step in deepening financial inclusion across the country. He said the company intended to offer app-based financial experiences enabling users to manage payments, savings, and a broader range of financial services with greater convenience and security.

Mobile money, with 63 million users across MTN markets, remains a key growth driver for the group. While MTN does not yet view itself as a bank, Mupita indicated that a licence could be considered if customer needs demand it.

At the central bank, discussions focused on collaboration to combat fraud and mobile money scams. “We are going to bring artificial intelligence (AI) to improve the ability to deal with scams and fraud that we see particularly in the mobile money market,” Mupita said. He identified the digital economy and fintech as the two primary engines of growth for MTN Ghana, noting that the company intends to introduce more advanced financial services while maintaining close engagement with regulators to align with national financial inclusion objectives.

The digital banking push complements a broader strategic shift. MTN Ghana has been formally elevated to the status of a third major subsidiary within the MTN Group, placing it alongside MTN Nigeria and MTN South Africa in the group’s highest tier, a recognition that carries significant implications for investment flows and capital allocation.

Mupita announced plans to deploy US$1.1 billion in Ghana over the next three years, contrasting it with the US$1 billion invested over the previous five years, a near-doubling of investment intensity. For 2026 alone, MTN Ghana Chief Executive Officer Stephen Blewett committed more than US$300 million in capital expenditure focused on network expansion and digital infrastructure.

MTN Ghana’s Mobile Money (MoMo) platform has grown to serve over 19 million active users nationwide, enabling money transfers, bill payments, savings, and micro-financial solutions, many of which were previously out of reach for rural and underserved communities. A full digital banking licence would allow the company to offer a significantly expanded product suite on top of that existing base.

Source : www.newsghana.com.gh

The traditional telecommunications scratch card is rapidly disappearing from the Ghanaian market as consumers increasingly shift to mobile money (MoMo) and Electronic Vending Devices (EVDs)

This transition reflects a broader evolution in the country’s digital economy, rendering physical scratch cards nearly obsolete and compelling vendors to adopt electronic airtime distribution systems.

Although the shift began gradually over the past decade, it was significantly accelerated by the COVID-19 pandemic, when movement restrictions and the need for contactless transactions pushed many consumers to adopt digital payment options.

Mr David Amartey, a mobile money vendor, told the Ghana News Agency (GNA) that the convenience of purchasing airtime remotely during the pandemic has now become a lasting preference.

“The pandemic reduced the reliance on face-to-face transactions and encouraged a more digital lifestyle,” he said.

Mr Amartey noted that digital systems have also eliminated common challenges associated with physical scratch cards, such as damage and difficulty in retrieving codes.

He said, however, that the supply of EVDs, which enable specific data purchases such as 1GB (gigabyte) bundles, remained inconsistent.

“The EVDs are scarce. We usually get them only on Tuesdays and Fridays, making it difficult to meet customer demand,” he said.

The shortage has forced many vendors to rely primarily on mobile money platforms, which, while convenient, present challenges including network instability and the risk of transaction errors.

Some residents in Tema and Ashaiman attributed the shift largely to convenience.

“With MoMo, you can buy airtime from home or the office without going out to find a vendor,” Ms Selina Thompson said.

She, however, noted risks such as sending airtime to the wrong number and exposure to scams.

Ms Emmanuella Appiah, another resident, said the unpredictability of finding vendors influenced her decision to adopt mobile money services.

“With MoMo, I can recharge anytime,” she said, adding that telecommunications companies now offer incentives such as bonus airtime for digital transactions.

The growing preference for digital platforms suggests that physical scratch cards may soon become a relic of the past.

Source: gna.org.gh

Canada’s telecom sector is facing a pivotal moment as a key regulatory framework governing wireless competition approaches its 2030 expiry, raising questions about investment, pricing and long-term network quality.

BNN Bloomberg spoke with Maher Yaghi, managing director, telecom, media and infrastructure analyst at Scotiabank, about how regulatory policy, capital spending and competitive dynamics are shaping Canada’s wireless future.

Key Takeaways

• Canada’s wireless market relies more heavily on regulation than investment-driven competition, creating structural differences from the U.S. 
• Uncertainty over whether mandated network access will extend beyond 2030 is delaying investment and shaping industry strategy. 
• Limited capital investment by challengers is constraining the development of a strong fourth national competitor. 
• Incumbent carriers may cut capital spending to protect free cash flow, which could support valuations but weaken long-term network quality. 
• Quebecor’s valuation premium is closely tied to regulatory support, with potential downside if that support is removed
• LINDSAY: In 2030, Quebecor’s CRTC-mandated access to the big three carriers’ wireless networks expires. Until regulators decide whether that access will be extended, Canada’s telecom sector is stuck in a period of uncertainty. Our next guest argues that Canada’s market is fundamentally different from the U.S., where competition is driven by investment rather than regulation. Here to tell us more is Maher Yaghi, managing director and telecom and media analyst at Scotiabank. It’s great to have you join us. Thanks so much.
• MAHER: Thank you for having me.
• LINDSAY: So these differences that you’re highlighting between Canada’s market and the U.S. market — how do these differences shape the competitive landscape in each country?
• MAHER: Yeah, great. So, you know, having covered both the Canadian and the U.S. market, it’s very clear from our research that, to get a sustainable competitor to remain in place long term, to affect and lower prices in the marketplace, it’s better to see that competitor invest significantly in infrastructure to position themselves to compete in the long term, instead of relying on regulation to provide them the network infrastructure to compete. In our view, for Canada to continue to see a competitive wireless market, we need to see significant investment by the challenger, which we have not seen so far to date.
• LINDSAY: How would you start to see investment, though? What needs to happen for that to change?
• MAHER: Right now, regulation is definitely helping Quebecor, and Quebecor has played their hand perfectly in terms of utilizing the regulatory environment to provide cheaper plans in the marketplace. But to continue to rely on regulation means that you’re sacrificing the investment opportunity that new technology will allow you to provide to consumers over the long term. Because, through the regulation that the CRTC has put in place, the return on invested capital for the incumbents has been lowered significantly. You’re basically socializing a little bit of the network effect that these companies have invested in to provide support to a challenger. What that means in the long term — and we’ve seen that happen in Europe and other places where we have that kind of regulation — is that the incumbents reduce their investments because they need to protect their free cash flow, and hence, long term, the technology and the network start to deteriorate.
• We argue in our report that for the incumbents like Bell, Telus and Rogers right now, they’re being handicapped by investors. Their stock performance has been quite negative compared to the S&P/TSX, and in our view, their best approach going forward is to really significantly cut their capex, because they’re not going to get the return on those investments like they did in the past. So eventually, the CRTC, I think, is going to come to a crossroads. They’re going to have to decide either they need to continue to provide the subsidy to the challenger long term and suffer the consequence of deteriorating networks, or basically stop the regulation, as it was intended to be stopped in 2030, and let Quebecor compete on their own.
• LINDSAY: Okay, so I want to go back to something you said just a moment ago, and that is you think the incumbents should be cutting wireless capex. How would that boost BCE, Rogers and Telus stock moving forward? And also, what impact would that have on the country’s productivity as a whole?
• MAHER: Yeah. So these companies, when you look at valuations for telco stocks, they trade on free cash flow. Free cash flow is really the biggest determinant of success for a stock, and growth in free cash flow is the most important metric. These companies, in our view, by cutting their capex to levels that we see both in the U.S. and other places in the world, could provide them with upside in the 10 to 15 per cent range from a valuation perspective. Now, obviously, productivity for the country will not be helped by that. However, these companies have high leverage ratios right now — all three of them, Telus, Bell and Rogers — so they would do themselves a favour, in our view, and see their stock performance improve if they were to cut their capex, like we’re suggesting in the report.
• LINDSAY: Okay, so we’ve talked about the incumbents. Now let’s talk a little bit more about Quebecor, because some investors, you say, are treating Quebecor as Canada’s version of T-Mobile. Why do you think that comparison misses the mark?
• MAHER: This is a flawed comparison, in our view. It’s wishful thinking. We provide the background in our analysis to show that T-Mobile became the T-Mobile that it is — and if you want, we can maybe talk a little bit about that. T-Mobile has really changed the behaviour of Verizon and AT&T in the U.S. by investing significantly in network infrastructure, and now T-Mobile has one of the best networks, if not the best network, in 5G in the U.S.
• This is completely the opposite for Canada. When you look at capex intensity by Quebecor, it’s one of the lowest in North America. Second of all, if you look at market share for T-Mobile, when they bought Sprint in 2020, they had about 20 per cent market share. That went up to about 33 per cent market share after the acquisition. In the case of Quebecor, you’re running at right now 12 to 13 per cent. They’re adding only half a per cent per year in market share. It will take them a very long time to catch up to where T-Mobile was in 2020 and to position themselves as a real challenger long term. But our view is that to really become a significant challenger like T-Mobile, they have to invest more, which, I think it’s easily argued, they have not so far.
• LINDSAY: And just lastly, how much of Quebecor’s valuation depends on the CRTC extending this contract beyond 2030?
• MAHER: So right now, Quebecor stock is trading at eight times EBITDA, for example, in the same environment — the same level of multiple that T-Mobile is trading at. T-Mobile is growing more than twice as fast as Quebecor. However, when you compare Quebecor to the other incumbents in Canada, they’re trading at a point or even two points premium to the incumbents. All that premium, in my view, is related to this regulatory support that is coming from the CRTC. So if that regulatory support goes away in 2030, we expect multiples to contract or to converge to where the other incumbents are trading.
• LINDSAY: Okay, we’ll leave it there. That was Maher Yaghi, managing director and telecom and media analyst at Scotiabank. Appreciate your time and your insight on this. Thanks so much.

This BNN Bloomberg summary and transcript of the March 25, 2026 interview with Maher Yaghi are published with the assistance of AI. Original research, interview questions and added context was created by BNN Bloomberg journalists. An editor also reviewed this material before it was published to ensure its accuracy and adherence with BNN Bloomberg editorial policies and standards.

BNN Bloomberg is owned by Bell Media, which is a division of BCE.

Source : www.bnnbloomberg.ca

• Mobile money transactions in Africa reached $1.43 trillion in 2025, up 27%
• Continent accounts for 66% of global transaction value and 74% of volume
• East and West Africa lead, while North and Southern Africa lag behind

Mobile money transactions in Africa reached about $1.43 trillion in 2025. This is a 27% increase from 2024, according to a report released on March 24 by the GSMA.

The State of the Industry Report on Mobile Money 2026 shows that Africa accounted for roughly 66% of the global value of mobile money transactions, which totaled $2.09 trillion, up 23% year-on-year.

The continent also represented about 74% of the total number of mobile money transactions worldwide, with around 92 billion transactions recorded in 2025, a 16% increase from 2024, out of a global total of 125 billion. Africa hosted 52% of all mobile money accounts globally, with about 1.2 billion accounts at the end of 2025, up 18% from the previous year, compared with 2.3 billion worldwide.

However, the report highlights significant disparities across regions. Africa has 187 active mobile money services, out of 347 globally.

Usage broadens across the continent

East Africa leads the market, with 537 million accounts and transaction volumes reaching $806 billion in 2025. West Africa follows with 517 million accounts and $498 billion in transaction value, ahead of Central Africa, which recorded 128 million accounts and $105 billion.

Mobile money remains less developed in North Africa, with 30 million accounts and $15 billion in transaction value, and in Southern Africa, with 33 million accounts and $8 billion. This is partly due to higher levels of banking penetration in those regions.

The GSMA also notes that usage is becoming more consistent, with the number of monthly active accounts rising 19% to 347 million, representing about 28% of all mobile money accounts in Africa.

Globally, mobile money use has expanded significantly in recent years. It now includes merchant payments ($155 billion in 2025), bill payments ($99 billion), cross-border remittances ($45 billion), and bulk disbursements—such as salaries and social transfers—totaling $139 billion.

Savings, insurance, and lending products are also increasingly offered by mobile money providers, particularly in sub-Saharan Africa and Asia.

Source : www.ecofinagency.com

The Bank of Ghana (BoG) has unveiled a revised Cyber and Information Security Directive (CISD) 2026 to provide a comprehensive framework to strengthen cyber and information security protocols and safeguard the financial sector against rising digital threats. 

The new directive, which replaced the 2018 framework that had become outdated due to rapid technological changes, is aimed at strengthening resilience across the digital financial ecosystem.

The directive signalled a shift from traditional financial supervision to a broader mandate that prioritised the protection of data confidentiality, integrity and availability.

Unveiling

The CISD is a comprehensive regulatory framework developed by the Bank of Ghana to strengthen cyber resilience and protect the integrity of the country’s financial system.

It was unveiled on the theme “Safer and more resilient digital financial industry”.

It was attended by the Governor of the BoG, Dr Johnson Pandit Asiama; the Minister of Communication, Digital Technology and Innovations, Samuel Nartey George; the first Deputy Governor of the BoG, Dr Zakari Mumuni; The Chief Executive Officer of Ghana Association of Banks (GAB), John Awuah and other dignitaries.

National importance

At the launch of the CISD at the Bank Square in Accra yesterday, the Chief of Staff, Julius Debrah, stressed that protecting digital financial systems had become a matter of national importance as the economy grew increasingly technology-driven.

He stated that as Ghana’s financial systems had become increasingly digital, safeguarding them had become a matter of national importance

He said cybersecurity could no longer be treated as a narrow technical issue but had to be integrated into governance, operations, and institutional culture. 

“By strengthening cyber resilience, we were not only protecting infrastructure; we were protecting confidence in the entire financial ecosystem,” Mr Debrah added.

Major milestone

Dr Asiama described the launch of the revised CISD as a major milestone in safeguarding the country’s financial ecosystem.

He said the new directive reflected the central pillar of the bank’s regulatory philosophy and its commitment to every Ghanaian who entrusted their accounts and transactions to the banking industry.

He said that innovations such as mobile money, cloud computing, and artificial intelligence had revolutionised financial access and inclusion, but had also exposed the sector to complex cyber threats, including ransomware attacks and systemic data breaches.

Dr Asiama stated that the CISD 2026 introduced robust governance, board-level accountability, proportionality frameworks, and inclusive oversight, ensuring that all institutions—from rural banks to fintechs—were integrated into a unified defence through the Financial Industry Command Security Operations Centre (FIXOC).

Mr Nartey George lauded the BoG for embracing technology and integrating it into the core of banking operations.

He stated that banks, once conservative and technology-averse, were now viewing digital tools as central to their business models.

“The attacks that we face in the sector are vast, and no one institution can withstand them alone; our collective shield protects us all,” he said.

He added that the ministry was reviewing the list of critical information infrastructure to ensure all payment service providers and fintechs were properly designated and onboarded. 

source : www.graphic.com.gh

• Agreement to include a range of capabilities from Ericsson’s cloud-native dual-mode 5G Core solution, as well as Ericsson Cloud IMS

• Integration of cutting-edge automation technologies to streamline network operations, optimize resources in real time, and drive operational and capital expenditure reductions

• Agreement accelerates the transition to 5G Standalone (SA). A strengthened cloud-native platform will help create new value in SoftBank’s telecom business

STOCKHOLM, March 26, 2026 /PRNewswire/ — Ericsson (NASDAQ: ERIC) has signed a multi-year framework agreement with SoftBank Corp. (SoftBank) in Japan to deploy next-generation core network solutions to expand and modernize SoftBank’s core network infrastructure and accelerate 5G Standalone (SA) adoption.

The agreement will tap the full scope of Ericsson’s Core Networks’ portfolio, including the Ericsson dual-mode 5G Core solution running on Ericsson’s Cloud Native Infrastructure Solution (CNIS). The deployment will include subscriber data management through Ericsson’s User Data Consolidation (UDC) solution, policy control, and cloud-based IP Multimedia Subsystem (IMS) solutions.

These solutions will enable SoftBank to accelerate its transition to 5G SA while managing existing 4G and 5G services in an integrated manner, improving overall network scalability and reliability. The agreement will also strengthen SoftBank’s foundation for 5G Advanced use cases and AI-driven operations across the network.

Hideyuki Tsukuda, Executive Vice President and CTO, SoftBank Corp., says: “Ericsson’s advanced cloud-native technologies and automation solutions are an extremely important foundation for achieving the ‘fusion of AI and networks’ that we are promoting. Through this renewal of our core network, it becomes possible to significantly heighten the autonomy and efficiency of network operations, in addition to accelerating the transition to 5G SA. SoftBank will build a robust and flexible next-generation infrastructure, continuing to provide new value to customers while driving innovation in the telecom industry.”

Jawad Mansour, President and Representative Director of Ericsson Japan, says: “We are very pleased that SoftBank, an industry frontrunner in merging AI with telecommunications, has selected our core network and IMS solutions to underpin its further evolution. By combining our technology with global experience, we will support SoftBank’s objectives to enhance network performance, improve operational efficiency, and advance the adoption of all forms of automation – contributing to digital transformation that helps address societal challenges in Japan.”

Agreement scope:

Network modernization

Existing subscriber mobility functions, MME (Mobility Management Entity) and AMF (Access and Mobility Management Function) nationwide will be migrated to cloud-native dual-mode 5G Core on CNIS, enabling flexible software-based control across legacy and next-generation access technologies. Voice gateway and policy control capabilities will also be modernized to cloud-native configurations (PCC, PCG, CCPC), delivering scalable and resilient voice domains and robust policy control frameworks.

Network expansion and data management enhancement

A full cloud-native subscriber data management capability, through Ericsson’s UDC solution, will be deployed on CNIS to strengthen subscriber data management and meet increasing service and capacity demands. This will include a data provisioning layer provided by EDA (Ericsson Dynamic Activation), data storage layer from CCDM (Cloud Core Data-Storage Manager) and a subscription management layer, Cloud Core Subscription Manager (CCSM), with additional functionality to ensure subscriber data across 4G and 5G.

IMS modernization

SoftBank’s IMS solutions will be modernized to Ericsson Cloud IMS, enhancing voice and multimedia service quality and accelerate the rollout of new services

These capabilities will help SoftBank to shorten time-to-market for new services. Orchestration and automation on cloud infrastructure will simplify operational processes and reduce OPEX. In addition, advanced orchestration, efficient scaling, and hardware modernization are expected to help reduce overall network energy consumption.

Ericsson will continue to support SoftBank as a trusted partner in building an innovation platform to create new business value by utilizing AI, cloud, and network capabilities.

Ericsson’s long partnership as a trusted SoftBank supplier spans both core network and radio access network hardware and software products and solutions.

Source : sg.finance.yahoo.com

On Thursday, March 26, 2026, the Nigerian All-Share Index edged higher by 32 points to close at 200,957.9, as market activity remained weak.

The gain represents a 0.02% increase from 200,925.8 recorded previously, amid a total trading volume of 678 million shares.

Equity capitalization remained flat at N128.9 trillion, unchanged from the prior session, with a total of 42,222 deals executed

MTN Nigeria led value trades at N11.06 billion, while Access Holdings followed with transactions totaling N3.4 billion on the NGX.

What the data is saying 

Trading sentiment remained broadly bullish on March 26, 2026, pushing the market’s year-to-date return to 29.14% from 28.98%, despite softer activity levels.

On the gainers’ chart, Zichis and Premier Paints led the pack, each advancing by 10.00% during the session, while on the losing end, University Press and Sunu Assurances declined by 9.17% and 8.88% respectively.

In terms of volume, Access Holdings topped activity with 134.5 million shares, followed by Wema Bank at 105.5 million and Veritas Kapital at 74.1 million.

Zichis recorded 23.3 million shares traded, while UBA saw 18.1 million shares exchange hands, indicating sustained investor participation.

By market value, MTN Nigeria dominated with N11.06 billion, trailed by Access Holdings at N3.4 billion, Wema Bank at N2.7 billion, Aradel at N1.9 billion, and Zenith Bank at N1.7 billion

Source : www.nairametrics.com

Ghana’s public sector artificial intelligence (AI) training programme has entered its second cohort at Akuse, with senior government officials participating in sessions designed to move beyond awareness and embed AI directly into institutional decision-making.

The National AI Masterclass, Akuse Cohort 2, organised by the Ministry of Communication, Digital Technology and Innovations in partnership with AI Africa and Knowledge Web Center, ran from March 21 to 25 and targeted deputy directors and senior officers across ministries, departments, and agencies.

Chief Director at the ministry, Alexander Yaw Arphul, said the programme reflects government’s commitment to improving institutional efficiency and preparing public agencies to contribute meaningfully to Ghana’s digital economy. The training focuses on equipping officials with practical tools to apply AI in policy and service delivery, moving past introductory knowledge toward integrated, deployable systems.

Facilitator David King Boison cautioned that technical competence alone would not drive the transformation government is seeking. “AI alone is not enough; true national transformation requires the integration of human judgment, strategy, ethics, and multiple forms of intelligence,” he said.

Director for Digital Technology, Samuel Antwi-Gyekye, said approximately 100 public officials have now completed training across earlier phases of the programme, with each cohort focused on translating AI capability into governance practice.

President Mahama has issued a directive requiring all government agencies to integrate AI tools into public sector operations during 2026, and an Emerging Technologies Bill covering AI, blockchain, and robotics is currently in draft form to establish ethical and data governance standards. The Akuse programme serves as the on-the-ground delivery arm of that policy framework.

Upon completion, institutions are expected to have AI-ready officers, customised use cases, institution-specific tools, and a 90-day roadmap for adoption, paving the way for sector-specific applications in health logistics, climate security, and digital automation.

Source : www.newsghana.com.gh

Tetracore Energy Group has announced a strategic partnership with global technology giant Huawei and Inspirive Technologies to develop a $400m Tier III data centre.

The project, slated for the Tetracore Energy Park in Ogun State, represents a pioneering “energy-to-digital” model designed to solve the perennial challenge of power instability in Nigeria’s tech sector.

In a statement issued by the TEG management on Wednesday, the 20MW facility is positioned to become the backbone of Nigeria’s rapidly expanding digital ecosystem.

With a delivery timeline of 10 to 12 months, the data centre will be built to global Tier III standards, ensuring the high redundancy and operational resilience required by major financial institutions, government bodies, and international cloud providers.

Speaking on the strategic importance of the project, the President and CEO of Tetracore Energy Group, Olakunle Williams, emphasised that energy is the prerequisite for any digital advancement.

“Sustainable digital transformation is fundamentally dependent on reliable energy infrastructure.

This project reflects our ability to integrate energy and technology at scale, creating platforms that enable long-term economic growth. The Tetracore Energy Park was deliberately designed to support projects of this magnitude, and this development reinforces our commitment to execution in complex environments,” he said.

The project leverages the unique strengths of each partner. While Tetracore provides the specialised energy foundation, powered by its 100 MW independent power plant, Huawei brings world-class technological hardware to the table.

A representative from Huawei Nigeria highlighted the company’s commitment to efficiency: “Huawei is proud to contribute its global expertise in data centre technologies to this project. Together, we are delivering a high-performance, energy-efficient facility aligned with international standards, supporting Nigeria’s rapidly expanding digital ecosystem,” the statement added.

Adding to the sentiment of local empowerment, the Chief Technology Officer of Inspirive Technologies, Williams Abiola, said, “This development marks a major milestone in strengthening Nigeria’s digital backbone. By combining local expertise with global technology partnerships, we are delivering a scalable, world-class data centre capable of supporting enterprise growth, cloud adoption, and long-term digital transformation.”

As artificial intelligence adoption accelerates across Africa, the demand for high-performance computing and low-latency processing has reached an all-time high. This data centre is purpose-built to handle AI-driven workloads and advanced analytics, reducing Nigeria’s reliance on offshore hosting and significantly improving national data security.

By locating the facility within the Atakobo Energy Park, the partners have effectively bypassed the national grid’s limitations, ensuring a dedicated, stable power supply that is critical for high-performance digital infrastructure.

The facility will serve a broad spectrum of high-growth sectors, including fintech, telecommunications, e-commerce, and education, as well as emerging technology startups across the continent.

Source : www. punchng.com