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IFC, Telecom Infra Project Partner to Advance Digital Connectivity in Emerging Markets

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International Finance Corporation (IFC) and the Telecom Infra Project (TIP), a global community of companies and organizations focused on infrastructure solutions to advance connectivity worldwide, have announced a new partnership that aims to accelerate the deployment of new and more cost effective cellular networks, particularly in areas of the world that are underserved or unconnected.

While connectivity has already reshaped the lives of those living in developed countries, the infrastructure that underpins it needs to be made available globally so that more people can get connected to digital services.

According to the UN Broadband Commission, almost half – 46.5% – of the world population remain unconnected. Despite the increasing availability of lower-cost technology, the industry has often struggled to provide adequate connectivity in areas where the business case hasn’t been so robust.

Even among those who have access, bandwidth constraints prevent many users from experiencing the full benefits of connectivity.

The pandemic and its socio-economic consequences have underscored the urgency of coordinated actions amongst all industry stakeholders and across all geographies.

In too many parts of the world, broadband connectivity continues to be prohibitive. According to the International Telecommunication Union (ITU), the price of mobile voice and data services alone, excluding equipment, still represent up to 12% of monthly Gross National Income (GNI) per capita in least developed countries.

Affordability is critical to connecting the unconnected. The shift to open and disaggregated networks will improve affordability and contribute to a more vibrant supply chain ecosystem with new technology providers, reducing business risks and ultimately enabling greater choice and flexibility in network deployments.

The TIP community and IFC are coming together to accelerate the deployment of Network as a Service (NaaS) solutions that leverage innovative technologies and business models, shared active and passive infrastructure and lower costs to help close the digital divide, especially in emerging markets.

TIP will work closely with IFC to ensure financial, environmental, and social sustainability take a central role in the deployment of digital infrastructure. IFC will make available its structuring capabilities and experience in investing in such sectors in emerging markets to participants of the TIP NaaS Solutions Group.

“IFC welcomes the partnership with TIP to work together on developing and funding practical solutions that enable further connectivity in emerging markets. Innovation is necessary to lower the breakeven point in network deployment, increase affordability and narrow the digital divide and NaaS can play an important role in this regard.

TIP provides a unique forum for funders, policy makers, operators and other industry stakeholders to guide decision making and problem solving around the ongoing challenge of affordability,” said German Cufre, Global Manager for Telecom, Media and Technology Investments at IFC.

“We are excited to have IFC join forces with TIP because it takes more than technology to solve connectivity problems around the globe. IFC brings its deep expertise in project financing, corporate governance and operational structuring to the Telecom Infra Project and our NaaS Solutions Group which will help align our efforts with the wider investment community,” said Attilio Zani, Executive Director of the Telecom Infra Project.

“For NaaS in particular, IFC and TIP will develop new approaches for the investment community to help them tap into the large addressable market created by the adoption of the NaaS business model.”

TIP and IFC are also encouraging other funding organizations to join in their effort to help close the digital divide through innovative business models delivering scalable, high-quality cellular connectivity to those who currently do not have it.


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Telecom

Glo Felicitates Nigerians on Christmas Celebration

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Nigeria’s technology company, Globacom, has extended warm felicitations to Nigerians on the occasion of the 2024 Christmas celebrations.

In a goodwill message released in Lagos, Globacom urged Nigerians to embrace the spirit of love and kindness during the festive season, especially in the face of prevailing economic challenges.

The company emphasized the importance of practicing the teachings of Jesus Christ, particularly the virtues of obedience to God and loving one’s neighbor as well.

“Christ taught many virtues including obedience to God and loving one’s neighbour as oneself”, the company said, adding, “Now is the apt time to practise these teachings by sharing with the needy”.

Globacom also encouraged Nigerians to extend the conviviality of Christmas beyond the festive season by fostering love, peace, and harmony, as demonstrated by God through the birth of Jesus Christ.

Assuring its customers of uninterrupted services throughout the Yuletide period and beyond, Globacom urged them to take advantage of its innovative products and services to stay connected and share the memories of the season with loved ones.


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FG Gives Banks, Telcos Six-Month Deadline to Resolve N250Bn USSD Debt

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Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered Deposit Money Banks and Mobile Network Operators to settle the long-standing N250bn USSD debt dispute before January 2, 2025.

FG Gives Banks, Telcos Six-Month Deadline to Resolve N250Bn USSD Debt

The CBN and NCC also directed banks to pay the pre-Application Programming Interfaces (API) debt before July 2, 2025.

They also ordered that post-API debts be settled before December 31, 2024.

The directive was issued in a joint cirular titled, “2nd Joint Circular of the Central Bank of Nigeria and the Nigerian Communications Commission on the Resolution of the USSD Debt Issue Between Deposit Money Banks and Mobile Network Operators.”

The circular dated December 20, 2024, was signed by Oladimeji Taiwo, acting director of the Payments System Management Department, CBN, and Chizua Whyte, head of Legal and Regulatory Services, NCC.

The regulators said, “In view of the foregoing, the CBN and the NCC hereby direct DMBs and MNOs as follows: 1. That 60 per cent of all pre-API invoices must be paid as full and final settlement.

“Payment plans (lump sum or installments) must be agreed upon between a concerned DMB and MNO by January 2, 2025. Installments must be based on equal monthly payments, with full payment due by July 2, 2025.

“DMBs must pay 85 per cent of all outstanding invoices issued after the implementation of APIs (i.e., February 2022) by December 31, 2024.

“Similarly, 85 per cent of future invoices must be liquidated within one month of service.”

According to the regulators, the transition to end-user billing will be activated only for DMBs and MNOs that comply with the payment conditions cobtained in the circular.

CBN and the NCC said they would provide further guidance on public enlightenment initiatives related to the transition.

The regulators also directed MNOs to implement the “10-seconds rule” for USSD invoicing.

This implies that any session lasting less than ten seconds will not be billable.

The regulators added, “Failure to comply with the terms outlined in this directive will attract necessary sanctions, ensuring that both DMBs and MNOs uphold their obligations.”


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NCC Launches Initiative to Combat Fraud, Spam Messaging

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Nigerian Communications Commission (NCC) has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the Application-to-Person messaging sector.

NCC Launches Initiative to Combat Fraud, Spam Messaging

The telecom regulator made this announcement in a statement.

The proposed framework, which was introduced during a virtual Stakeholders’ Forum, is said to be a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by Aminu Maida, executive vice chairman, NCC, who was represented by Chizua Whyte, NCC’s acting head of legal and regulatory services, seeks to regulate the A2P messaging space.

The A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges. We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

 

 

 

 


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