Telecom
Cellulant Appoints Akshay Grover as Chief Executive Officer

The Cellulant Board of Directors on Monday announced that Interim CEO Akshay Grover has been appointed Group CEO and Director of Cellulant effective October 1, 2021.
The appointment follows an executive search process following the announcement in January 2021 by Ken Njoroge, then CEO of the group, of his intention to step down. Akshay has been acting in his role since April 2021.
“We are delighted to appoint an executive of Akshay’s caliber and experience to this role,” said Cellulant Board Chairman Dr. Sam Kiruthu.
“Akshay brings a broad and diverse industrial experience in the fields of technology and finance.
“While Akshay served as Interim CEO, the Board of Directors were impressed with his commitment to openness, attention to detail, and constant focus on the future of the business.
Akshay has demonstrated that he has the skills, attitude and vision to lead the leadership team to achieve Cellulant’s future and mission.
Upon his appointment, Akshay said he looked forward to making Cellulant Africa’s most prolific and innovative payments platform.
“I look forward to continuing to work with the Board of Directors and our exceptional leadership team to maximize this opportunity to generate additional growth and value for all of our stakeholders,” he said.
He said, “Cellulant is well positioned to lead and transform the payments landscape in Africa.
“Our deep connectivity with more than 120 banks and 40 mobile operators on the continent allows us to have an unmatched network on the African continent.
“We reduce friction around payments and in doing so create a transparent way for businesses to collect and make payments.
“Our integrated payment platform caters to both offline and online solutions that drive the success of businesses of all sizes while delivering a superior user experience for the end customer.
Akshay has over 20 years of professional experience in the technology, media and communications industry in emerging markets. During the early years of his career, he held positions of increasing responsibility within the financial advisory teams at KPMG and EY.
Prior to joining Cellulant as Group Chief Financial Officer in January 2021, Akshay was Chief Investment Officer at iSON, a diverse technology group present in more than 30 countries in the Middle East, Africa and the Asia-Pacific region.
Telecom
Meta, FMCIDE Unveil AI Accelerator to Drive Innovation in Nigeria

Meta, in collaboration with the Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE), has launched the Llama Impact Accelerator Program to foster AI-driven solutions across critical sectors in Nigeria.
The eight-month program will support early-stage startups developing AI innovations using Meta’s open-source Llama models. Target sectors include Agriculture, Security & Safety, Healthcare, and a wildcard category for other high-impact applications.
Speaking at the launch, Sade Dada, Head of Public Policy, Anglophone West Africa at Meta, emphasized the initiative’s role in advancing Nigeria’s digital ecosystem. “We are thrilled to partner with FMCIDE in supporting local AI talent. Open-source AI should be accessible and relevant to national challenges,” she said.
The program will begin with a six-week incubation period, offering technical training and mentorship from industry experts, followed by six months of extended support, including access to technical resources.
Minister of Communications, Innovation & Digital Economy, Dr. ‘Bosun Tijani, hailed the initiative as a “major step forward” in Nigeria’s AI development strategy. “AI will be a key driver of national growth, and this program equips innovators with the tools to tackle pressing issues,” Tijani stated.
The Llama Impact Accelerator aligns with Meta’s broader mission to democratize responsible AI access while fostering innovation in emerging markets.
In collaboration with academic and government stakeholders, the initiative is expected to accelerate Nigeria’s AI industry and drive impactful change.
Applications for the program remain open until June 27, 2025. More details can be found at llamaimpactssa.splashthat.com.
Telecom
Nigeria Leads the Charge in Green Innovation @MTN’s Africa PachiPanda Challenge

In an era where climate change, youth unemployment, and food insecurity loom large over the continent, a powerful new force is rising — young African innovators building a green future from the ground up.
At the just-concluded Africa PachiPanda Challenge 2024, organised by MTN and WWF (World Wide Fund for Nature), Nigerian entrepreneur, Olabisi Rafatu Emmanuel, emerged as one of the continent’s top eco-champions, spotlighting the potential of purpose-driven innovation to rewrite Nigeria’s climate and development story.
While Moses Afopezi of Cameroon took home the top prize with AgricFresh, a smart solution combating post-harvest loss, Olabisi’s reusable menstrual products solutions as a waste transformation model earned her national applause and a seat at Africa’s sustainability table, emerging as the second-place winner.
Speaking during the announcement, MTN’s leadership underscored that this challenge goes far beyond accolades. “Together, we have the power to shape a greener, more sustainable Africa — one bold idea at a time,” Nompilo Morafo, Group Chief Sustainability and Corporate Affairs Officer, MTN, said.
The triumph comes at a time when Nigeria is grappling with the environmental menace of climate change in major urban hubs like Lagos, Abuja, and Port Harcourt, even as the Nigerian government is clamouring for smart innovations to address climate change issues such as climate funding, carbon trading and just energy transition.
The National Environmental Standards and Regulations Enforcement Agency (NESREA) recently reiterated calls for tech-based waste management solutions – making Olabisi’s innovation timely and impactful.
MTN says this is just the beginning. With plans to expand the PachiPanda Challenge to more countries and deepen support for eco-entrepreneurs, the telecoms giant is reaffirming its commitment to socio-economic development through green innovation.
As Nigeria sets its sights on achieving the Sustainable Development Goals by 2030, the PachiPanda story is a timely reminder that the answers may lie not in government halls – but in the dreams and drive of Nigeria’s young changemakers.
Telecom
Innovation Will Shape Nigeria’s Digital Economy – A’isha Mumuni

MTN Nigeria has convened alumni of its Media Innovation Programme (MIP) for an interactive training session on digital monetisation in Nigeria’s Value-Added Services (VAS) sector.
The hybrid event, themed “Understanding Digital Monetisation: Opportunities in the VAS Space in Nigeria,” was led by A’isha Umar Mumuni, Chief Digital Officer, MTN Nigeria. Participants explored evolving digital revenue models, including mobile payments, subscription billing, and telco-backed content partnerships.
Mumuni emphasized the growing significance of digital innovation. “Innovation is the currency of the future,” she stated. She cited projections indicating Nigeria’s potential emergence as the world’s fifth-largest economy by 2075, with the digital economy at the forefront of this growth.
The session spotlighted MTN Nigeria’s role in enabling content creators through platforms such as Callertunes, MTN Play, and digital storefronts. Participants were grouped into breakout sessions where they pitched digital product ideas, fostering creativity and strategic thinking.
According to industry figures, Nigeria’s digital economy contributed 18.44 percent to GDP as of Q2 2022, with ICT revenue soaring from ₦51.3 billion to ₦594 billion over a decade. Global digital services revenue reached an estimated $2.58 trillion in 2024, driven by advertising, paid content, and internet access.
Now in its fourth year, MTN Nigeria’s MIP continues to equip media professionals with the knowledge and tools to thrive in a digital-first economy. The company reaffirmed its commitment to supporting its alumni through curated development sessions that empower media practitioners in Nigeria.
For further details on the MIP programme and upcoming alumni engagements, visit www.mtnmip.smc.edu.ng.
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