E-Business
External Storage Market Stagnates in MEA

The external storage market in the Middle East and Africa (MEA) grew only 2% in the first quarter of 2013, according to the latest data from International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecom, and consumer technology markets.
Referencing its EMEA Quarterly Disk Storage Systems Tracker, the research firm on Wednesday announced that external storage revenue in MEA expanded slightly year on year in 1Q13 to total $233 million, with terabyte capacity rising some 32% over the same period.
”The modest growth can be attributed to consistent business typical of the first quarter of the year in MEA,” said senior Research Analyst Swapna Subramani with IDC Middle East, Africa, and Turkey.
“In the coming quarters, however, strong uptake of external storage systems in MEA is expected owing to large-scale deployments and projects across verticals.”
The Gulf Cooperation Council countries excluding the UAE and Saudi Arabia posted growth of 83% in the external storage market in the first quarter of the year, with Bahrain and Qatar registering triple-digit growth, bolstered by projects in the government and finance vertical markets, respectively. Saudi Arabia’s storage market expanded 32% year on year in 1Q13.
“This impressive growth was driven by several projects in the kingdom’s telecommunications and government sectors,” said Subramani.
The external storage market in the UAE recorded 17% growth in revenue compared with 2011, with increased demand evident across various sectors.
North Africa (specifically, Morocco, Algeria, and Tunisia) experienced a continued slump in external storage shipments in 1Q13 as a result of political unrest and spiraling inflation.
The South African storage market declined markedly (16%) year on year in the first quarter of 2013 due to a decline in projects for Dell and IBM. Egypt’s external storage market grew significantly owing to projects in the telecommunications and government sectors. ‘
‘We remain bullish on the African storage market considering the relatively small installed base and sporadic nature of large-scale enterprise projects.” Subramani stated.
From a protocol perspective, ESCON/FICON posted tremendous year-on-year growth, driven by IBM projects in the government sector.
Telecom industry investments continued to drive growth for the NAS protocol, while Fibre Channel protocol retained its leading position with the same market share as 1Q12.
Among MEA vendors, EMC continued its dominance in the region, claiming over 45% share of the total disk storage market due on sizeable projects in Saudi Arabia, the UAE, Qatar, and Egypt. Netapp secured second place, with just over 11.5% market share in spite of flat year-on-year revenue.
IBM and HP followed closely, with approximately 11% market share each. Hitachi emerged as the bright spot among vendors, achieving triple-digit growth in Q1 2013, driven by projects in South Africa and Turkey.
E-Business
Gmail to Replace SMS Codes with QR Authentication

Gmail is set to replace SMS-based authentication codes with QR code systems to verify user identity as part of Google’s effort to transition to a more secure model of two-factor authentication.
According to Forbes, a Gmail insider revealed ongoing plans to shift from text message verification to an alternative approach aimed at enhancing security and reducing risks such as phishing and fraud.
Gmail has long utilised SMS-based authentication for abuse prevention and security verification, helping confirm returning users and preventing fraudulent activities like mass account creation for spam and malware distribution.
However, concerns have arisen over the vulnerability of this method, with cybercriminals increasingly exploiting text-based security codes for unauthorised access.
The shift away from SMS verification is driven by its susceptibility to phishing and reliance on mobile carrier security protocols.
Additionally, the emergence of traffic pumping scams, where cybercriminals generate revenue by triggering mass authentication messages, has highlighted the need for stronger authentication methods.
E-Business
Kaspersky Reports Nearly 900m Phishing Attempts in 2024 as Cyber threats Increase

Kaspersky’s security solutions blocked over 893 million phishing attempts in 2024 – a 26% increase from 2023, when the total stood at nearly 710 million.
The surge in attempts (shown in the graph below) between May-July is traditionally tied to the international holiday season when fraudsters frequently try to lure travelers with scams involving fake airline and hotel bookings, deceptive tour packages and too-good-to-be-true offers.
Experts observed a range of phishing and scam schemes aimed at stealing data, money and installing malicious software. In 2024, cybercriminals often mimicked the websites of well-known brands like Booking.com, Airbnb, TikTok, Telegram, and others. One ongoing campaign, for example, has been targeting TikTok Shop users.
Cybercriminals created fake login pages designed to steal sellers’ credentials. Additionally, scammers capitalised on trending news, orchestrating fraud schemes involving the hype topics, for example cryptocurrency game Hamster Kombat and TON wallets.
Fraudulent schemes also tended to capitalise on fake celebrity images in 2024, falsely promoting giveaways of valuable prizes to fans that were never delivered. The trend persists in 2025.
“While the core mechanics of phishing and scams remain unchanged, attackers constantly refine their disguises. They capitalise on trending news, hype-driven topics, and even combine branding from multiple companies on a single phishing page to enhance efficiencies of their campaigns.
“AI-driven tools help them to create highly convincing fake websites, making fraud harder to detect. These evolving tactics pose a growing risk – not just to financial security but also to personal identity protection. As a result, vigilance and the use of robust cybersecurity solutions have never been more crucial,” says Olga Svistunova, a security expert at Kaspersky.
Spam and malicious email campaigns
According to Kaspersky data, both individuals and corporate users encountered malicious email attachments more than 125 million times in 2024.
Cybercriminals used various tactics in email campaigns targeting businesses, as observed by experts. These included sending emails with password-protected archives containing malicious content and SVG images disguised as harmless graphics, and many other schemes. Attackers lured victims into clicking on malicious content through fake court appeals, fake deals, counterfeit official notifications and more.
Nearly every second email in a corporate mailbox – 47% of global traffic, marking a 1.27 percentage point increase from the previous year – was spam. South African users encountered 20% more malicious emails in comparison to the previous year.
While spam includes different email threats, including those mentioned above, it is not always malicious and consists mostly of unsolicited advertisements.
Experts note that corporate spam trends of the last year prominently feature advertisements for AI solutions, related webinars, online promotion services, follower-boosting schemes and more.
E-Business
Group Applauds Nigeria’s AI Push, Urges Seizure of $15Bn Digital Economy Opportunity

Nigeria’s growing investment in Artificial Intelligence (AI) and digital transformation is positioning the country as one of Africa’s most ambitious tech-driven economies, with AI projected to contribute $15 billion to Nigeria’s economy by 2030.
As global technology companies deepen their focus on Africa, Young Professionals for Tinubu (YP4T) has acknowledged the deliberate policy moves by President Bola Ahmed Tinubu’s administration to ensure AI becomes a real driver of economic growth, job creation, and youth empowerment.
Following the President’s high-level discussions with global technology leaders, including his recent meeting with Google CEO Sundar Pichai, there is increasing recognition that Nigeria is taking active steps to secure its place in the global AI economy. But beyond diplomatic engagements, the administration has backed its vision with tangible programs that are already making an impact.
The 3 Million Technical Talent (3MTT) initiative has already begun producing a pipeline of AI-trained professionals, while the National AI Strategy Framework has laid the groundwork for AI integration across finance, agriculture, healthcare, and education.
The administration’s efforts to attract investment into Nigeria’s AI and technology ecosystem have also led to direct support for startups and digital enterprises, ensuring young Nigerians have access to the resources and capital necessary to innovate and compete internationally.
Global partnerships with companies such as Microsoft, Meta, and Nvidia have further reinforced Nigeria’s commitment to AI as a pillar for economic transformation.
“AI is no longer a theoretical concept—it is a defining force in global economies, and Nigeria is now actively securing its place in that future,” said Victor Benjamin, West/South South Director of YP4T.
“For years, young Nigerians have sought opportunities in technology and digital innovation. What we are seeing now is a deliberate effort by the administration to turn that aspiration into reality through strategic policies, funding, and industry collaboration.
“This is a critical time for Nigerian professionals and businesses to position themselves in the AI-driven economy.”
While many African economies continue to grapple with integrating AI and digital transformation into their long-term growth plans, Nigeria’s current trajectory signals a shift toward becoming a leader in AI adoption and development.
The impact of AI is already being felt in precision agriculture, AI-driven financial inclusion, digital healthcare, and education technology, demonstrating how these investments are directly improving productivity, economic diversification, and access to essential services.
However, experts warn that Nigeria must sustain these efforts to fully unlock the potential of AI-driven growth. With a youth population expected to exceed 100 million by 2050, ensuring that young professionals have the skills, tools, and infrastructure to build AI-powered solutions is key to job creation and economic stability.
“As a network of young professionals actively engaged in shaping Nigeria’s future, we see these investments as fundamental to building a globally competitive workforce,” continued Benjamin.
“This is not just about innovation; this is about securing economic opportunities for millions of young Nigerians. AI and digital transformation must be central to Nigeria’s long-term growth strategy, and every young Nigerian should be paying attention to these opportunities.”
With AI projected to add billions to Nigeria’s GDP in the coming years, industry stakeholders, government institutions, and the private sector must work together to ensure these initiatives translate into real economic gains.
As Nigeria continues to attract international AI investment, YP4T remains committed to mobilizing young Nigerians to engage, innovate, and lead in this digital revolution.
- General News2 days ago
SANEF Appoints Uche Uzoebo as New Chief Executive Officer
- E-Financial2 days ago
Flutterwave Visits Tinubu, Seeks Support to List on NGX
- General News2 days ago
Again, Gambaryan, Binance Executive Accuses 3 Lawmakers, NSA of Demanding $150m Bribe
- Telecom2 days ago
Globacom Continues Upgrade of Network Infrastructure Across Nigeria
- Telecom2 days ago
ATCON Warns of Nationwide Telecom Blackout over Diesel Shortage
- News2 days ago
NITDA Inaugurates Technical Working Group to Drive Nigeria’s Digital Sovereignty
- E-Financial2 days ago
SERAP Drags CBN to Court over ATM Fee Hike
- News2 days ago
Nigeria to Witness First Lunar Crescent on 28 February – NASRDA