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“Persistent Fibre Cuts Undermine Nigeria’s Telecom Infrastructure Despite Protection Law”
One year after Nigeria implemented its telecom protection law—the Protection of Critical National Infrastructure (CNI) Act—telecommunications operators continue to suffer from widespread fibre optic cable cuts, undermining service delivery and network stability across the country. The law, introduced to classify telecom infrastructure as critical national assets, was intended to curb vandalism and sabotage, particularly the…
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“Powering Innovation: Why Nigeria’s Tech Growth Hinges on Reliable Electricity”
The Nigerian-American Chamber of Commerce (NACC) has emphasized that Nigeria’s ambition to build a thriving technology sector is heavily constrained by the country’s persistent power supply challenges. Speaking at a recent conference themed “Technology and the Future of Work in Nigeria,” the Chamber stressed that stable electricity is fundamental for technological advancement, innovation, and digital…
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“Bridging Africa to the Global Workforce: AfriLabs and MSwitch Partnership to Empower Remote Talent”
AfriLabs, a pan-African network of innovation hubs supporting startups, has announced a strategic partnership with MSwitch, a technology platform dedicated to enhancing access to global work opportunities. This collaboration aims to bridge the gap between Africa’s fast-growing pool of tech-savvy talent and the increasing global demand for remote work. The partnership comes at a time…
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“Fintech Focus: MTN Uganda’s Strategic Separation Signals Growth Ambitions”
MTN Uganda has initiated the separation of its fintech division from its core telecom business, part of MTN Group’s broader strategy across Nigeria, Ghana, and Uganda. This move will enable the newly independent fintech company to pursue aggressive expansion in Uganda’s mobile money sector while giving external investors a clear and targeted investment vehicle. The restructuring is…
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“Kenya to start taxing startup workers’ shares before they get paid”
Kenya’s Finance Bill 2025 is proposing the removal of the tax deferral on Employee Share Ownership Plans (ESOPs). Previously, employees could defer taxes on their stock options until they sold their shares. Under the new proposal, taxation would occur at the point of vesting, potentially burdening employees with tax liabilities before realising any financial gain….
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Nigeria teams up with Meta to launch AI accelerator and deepen tech collaboration
Through the Ministry of Communications, Innovation and Digital Economy, the Nigerian Federal Government has partnered with Meta to launch the Nigeria AI Accelerator Programme—another significant step in Nigeria’s expanding efforts to position itself as an African hub for artificial intelligence. The accelerator aims to support startups building AI-driven solutions tailored to the country’s economic and social challenges….