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Author: Akin Naphtal
Akin Naphtal is an editor-in-chief and CEO of InstinctWave Group, with over 20 years of experience in Media, Marketing and Technologies.
Bayobab, an MTN Group company, has reported consolidated external revenue of R5.6 billion (over $326m), underscoring a solid financial performance driven by strategic investments and operational efficiency. The company recorded an EBITDA growth of 38.8%, attributed to an improved revenue mix and a strong focus on cost optimisation. Its fibre business emerged as a key growth driver, delivering 41.2% growth in external revenue, supported by infrastructure contracts, new FibreCo revenue streams, and ongoing network expansion. However, revenue from communication platforms declined by 24.3%, largely due to reduced international and transit voice traffic. ALSO READ: ODC RAISES $45M TO POWER AI-NATIVE TELECOM INFRASTRUCTURE …
ORAN Development Corporation (ODC) has secured $45 million in a Series A funding round to accelerate deployment of its AI-native, open-architecture telecom platform designed to unify communication, sensing, and edge intelligence. The funding round brought together a global syndicate of major technology and telecom players, including NVIDIA, Cisco, Nokia, Booz Allen Hamilton, AT&T, MTN Group, and Telecom Italia, alongside Phoenix Venture Partners and affiliates of Cerberus Capital Management. The investment will support the rollout of ODC’s Odyssey RAN platform, an AI-native Radio Access Network (AI-RAN) system that aims to transform traditional telecom infrastructure into a distributed computing layer capable of powering…
Sanlam has appointed its Group Chief Technology and Information Officer, Theo Mabaso, as Group Chief AI Officer, marking a strategic shift to position artificial intelligence at the centre of its operations and long-term growth. The appointment places Mabaso on the Group Executive Committee (Exco), where he will drive AI as a key lever for competitiveness, operational efficiency, and organisational resilience across the Group. Sanlam said the move reflects its commitment to embedding AI across its businesses—from underwriting and claims processing to client engagement and financial advisory—while maintaining strong governance and ethical oversight. Although the Group has already recorded progress in…
Cincoze, a leading rugged edge computing brand, has unveiled the DX-1300, the latest addition to its high-performance DIAMOND product line. Designed as a powerful yet ultra-compact industrial computer, the DX-1300 delivers exceptional computing performance in environments with severely limited space. Building on the strong reputation of the DX series — already deployed in numerous large-scale industrial projects — the new DX-1300 combines high performance, rich I/O connectivity, and versatile expansion options. It is positioned as the ideal edge computing core for demanding applications such as high-end image processing, AI inference, multitasking data integration, real-time video analysis, smart inspection, and machine…
Nigeria and Finland have signed a Memorandum of Understanding (MoU) on digitalisation and innovation, with a strong emphasis on strengthening cybersecurity cooperation amid rising cyber threats targeting Nigerian institutions. The agreement was formalised in Abuja on 23 March by Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, and Finland’s Under-Secretary of State for International Trade, Jarno Syrjälä. According to a statement issued by Isime Esene, the MoU focuses on collaboration in digital governance, technology infrastructure, and cybersecurity, with the aim of driving economic growth and improving public service delivery. ALSO READ: AIRTEL AFRICA, SPACEX TAKE STARLINK MOBILE TO KENYA IN CONNECTIVITY PUSH Describing…
Airtel Africa and SpaceX have successfully conducted trials of Starlink Mobile satellite-to-phone connectivity in Kenya, marking a significant step toward expanding mobile coverage across underserved regions. The milestone, announced on Tuesday, represents the first practical demonstration of satellite-to-mobile services within Airtel Africa’s footprint, which spans 14 markets and serves approximately 174 million subscribers. The development builds on a partnership agreement signed in December 2025, under which both companies committed to deploying Starlink Direct-to-Cell technology across Airtel Africa’s network. According to the companies, the Kenya trials were conducted in areas beyond the reach of Airtel’s terrestrial infrastructure. In these locations, Starlink…
A new operational model driven by software, automation, and artificial intelligence is emerging as a critical pathway for telecom operators seeking efficiency and growth, according to Sam Keys Toyer, Global Head of Portfolio for Network Managed Services at Ericsson. Speaking on the evolution of network management, Toyer explained that the company is shifting away from traditional approaches centred on spectrum and hardware upgrades, instead focusing on AI-led operations to manage increasingly complex network environments. Ericsson’s managed services business now spans mobile, fixed, cable, and IoT networks, often across multi-vendor ecosystems. The core proposition, Toyer noted, is to operate networks on…
Moniepoint, one of Africa’s fastest-growing financial technology companies, has announced the acquisition of Orda Africa, a restaurant management and point-of-sale platform, in a move that significantly expands its footprint in Nigeria’s food service sector and deepens its suite of business solutions for one of the continent’s most active economic segments. The acquisition brings Orda’s existing restaurant management capabilities under Moniepoint’s financial infrastructure, creating what the company describes as a one-stop platform for food service businesses to manage operations, access financing, and process payments — all from a single system. Speaking on the deal, Tosin Eniolorunda, Group Chief Executive Officer of…
Phil Cullerton, VP Services EMEA at Vertiv Artificial intelligence (AI) is often described in terms of algorithms, computing power, and data. Yet the pace of AI adoption is now shaped as much by the physical constraints of critical digital infrastructure as by software innovation. Across Europe and beyond, surging demand for AI-ready capacity is spurring rapid advancements in power networks, cooling systems, and engineering expertise to support it. Operational teams are quickly adapting to bridge the gap between technical possibilities and deployment realities. This tension sits at the centre of modern digital economies. Nations want to attract AI investment, scale…
Nigerian B2B fintech, Duplo, has obtained both Systems Integrator (SI) and Access Point Provider (APP) licences from the Nigeria Revenue Service (NRS), positioning the company as a key enabler in the country’s ongoing shift to mandatory digital tax compliance. The dual accreditation allows Duplo’s platform to generate NRS-compliant electronic invoices, integrate business systems with the government’s Merchant Buyer Solution (MBS) e-invoicing platform, transmit validated invoices directly to the NRS in real-time, and facilitate seamless payment settlement and reconciliation—all within a single unified ecosystem. “Africa’s next growth phase requires robust financial systems, not temporary patches,” said Yele Oyekola, CEO and Co-Founder…

