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Sustaining economic empowerment through financial inclusion, energy access

Financial inclusion and provision of sustainable energy is at a turning point in Africa’s largest economy, Nigeria. With a population of over 200 million, about 50 per cent of the total population live in rural areas, and only 39 per cent of those living in rural communities have access to electricity. This is in addition to over 40 per cent of the entire population who are financially excluded or underserved. However, the proliferation of digital financial services in Nigeria – powered largely by growth in fin-tech companies – has catalysed an unparalleled increase in the current number of people with access to formal financial services, while further opening up opportunities to address power supply challenges across rural communities; a major feat instrumental towards achieving the broad...

Why Telcos Should Gear Up to Secure New Wave of 5G Networks

Telcos are expected to implement a wide array of measures in 2021 to secure the next wave of 5G connectivity, according to a global survey by Heavy Reading.    As operators begin to rollout standalone 5G networks, they are moving swiftly to secure core network configuration services, such as slice management, which enable 5G operators to provide highly customized connectivity.   By the end of 2021, 71% of respondents expect to have implemented security measures for their core network configuration services and 75% plan to have secured the radio access network (RAN).                             ...

Telco Vs TechCo – a Battlefield for the Future of ICT

Across the world, disruption has become a reality that is driving changes the business sectors. Included in this disruptive environment is the telecommunications industry, which is having to take account of changing technologies and the challenges these changes bring to the way the sector has traditionally done business. Under examination must be the industry’s twin roles as a primary provider of telephone services and platforms to OTT suppliers to launch their offerings to users. Internationally, experience shows that there has been an average decline in revenues per user as IT suppliers, offering focused services, have made products built around mobile and data less critical to end-users. Although some different market factors apply to the African and South African markets, we are not ex...