E-Business
Nigeria Loses N300m to Offshore gTLDs
The registration of Nigerian websites in several generic top-level domains (gTLDs), such .org, .net, .com among others is costing the country over N300 million every year, according to Nigeria Internet Registration Association (NIRA).
Opeoluwa Odusan, chief operating officer, NIRA, said there are about 300,000 Nigerian websites registered on different generic top-level domains which are renewed with N1, 000 yearly.
Odusan, noted that 90 percent of Nigerian contents are hosted abroad which results in capital flight.
Adding that, NIRAN has simplified the process of registration on the country’s top-level domain name .ng through elimination of registrars.
He said that the direct registration system will commence tomorrow with a reduction in the cost to N15,000.
Odusan spoke against the backdrop of the planned local internet content forum by Internet eXchange Point of Nigeria (IXPN), is collaborating with the Nigeria Internet Registration Association.
The two-day Forum with the theme: “Sustaining Local Internet Content, the way forward for Nigeria”, seeks to facilitate increased Nigerian content on the Internet, the hosting of such content, locally, and an increased adoption of .ng as the domain name of choice, particularly among Nigerians.
The LIC Forum 2013 is the maiden edition of a collaborative effort of IXPN and NIRA targeted at tackling the challenge of a dearth of Internet content produced and hosted locally in Nigeria.
The statement also read: “The .ng is Nigeria’s unique identity on the Domain Name space, yet the predominance of the adoption of .com and .co.ukstill holds sway due highly to some misconceptions about the .ng country code Top Level Domain.
The Forum aims to address some of these misconceptions.
“The Internet eXchange Point of Nigeria (IXPN) embodies the physical Network infrastructure that allows Internet Service Providers (ISPs), Telcos, Educational Institutions and other IP centric organizations to exchange data traffic between their respective networks. The key purpose of the IXPN is to allow networks to interconnect through the exchange, providing the necessary environment to keep local Internet traffic local, stable and reliable. In effect, the benefits to all the networks, operators and end-users are a reduction in costs, latency, and increased speed among others.
“Therefore, the purpose of the two-day Forum is to sensitize all stakeholders, key players in the sector and the general public on the significance of local Internet content, our nation’s identity on cyberspace, as well as the emerging relevance of local hosting of content which has a multiplier effect on the economy through capacity building, and job creation, just to mention a few”.
The agenda for the two-day event shall include the following: Infrastructure for Content Hosting, Cost of Local Fibre Infrastructure, Broadband Penetration, Content Provision and its Challenges, registrars challenges in hosting content locally, monetization of content among others.
The Forum will also afford a good opportunity for exhibitors especially ISPS and Telcos who may wish to leverage the event to showcase their services (Data Centres, Hosting Platforms, etcetera) relevant to the creation of local content and the hosting of local content locally.
Amongst other benefits, the Forum will also serve as a platform for networking as there would be discussion sessions to enable stakeholders share their individual and collective thoughts and experiences on producing and hosting local Internet content.
Participants at the Forum will include Government MDAs, ISPs, Telcos, Registrars of NIRA, Financial Institutions, Institutions of Learning, Bloggers, Various Professional and Trade Organisations, NGOs, Faith Based Organisations, the Print and Electronic Media, diverse categories of Content Producers, Authors/Writers and Publishers, and the interested public.
E-Business
Africa Tasked to Fast-track AI Skills Development

Africa has been urged to fast-track the development of Artificial intelligence (AI) skill to benefit from its economic value. AI could contribute $1.5 trillion to Africa’s economy by 2030 if the continent secures 10% of the global AI market, according to SAP, which sourced the statistic from online media.
However, a shortage of AI talent, with the need to retain cyber security and cloud skills, threatens to block opportunities to monetise growth.
This is part of a report released by SAP: ‘Africa’s AI Skills Readiness Revealed’, which reveals that African organisations are rushing to enhance their traditional IT skills base in the wake of accelerating adoption of AI.
The report adds that while 94% of organisations offer monthly AI training, none currently allocate more than 10% of their HR or IT budgets to skills development, a sharp decline from 2022.
Genevieve Koolen, HR director at SAP Africa, said: “There is a near-universal need for AI-related skills among African companies this year. Since traditional IT skills such as cloud and cyber security related competencies remain in high demand, companies now face the dual challenge of attracting and retaining traditional tech talent while also building greater AI competencies within their businesses. It is unsurprising then that most African organisations provide career development opportunities for employees with AI specialisations.”
The report reveals that all companies surveyed expect the demand for AI skills to increase in 2025. Nearly half said they expect a ‘significant’ increase.
Koolen added that while there is an urgent need for policymakers and education institutions to fast-track AI skills development initiatives among Africa’s swelling youth population, companies also face pressure to equip existing workers with future-ready skills.
“Thirty-eight percent of companies surveyed said reskilling of employees is a top skills-related challenge for them in 2025, and nearly half said the same of upskilling. The impact of these changes creates its own challenges, as evidenced by the two-thirds of companies that said helping employees understand why reskilling is necessary is a top priority.”
Research also showed that African organisations are alive to the possibilities presented by AI-related innovation, with companies citing perceived value in improved decision-making (64%), marketing capabilities (51%) and innovation (47%) enabled by AI.
However, poor access to AI-ready skills is already causing negative impacts among the same companies, including failed innovation initiatives, delays completing projects, greater pressure on teams and an inability to take on new client projects.
“Organisations are rising to this challenge by increasing the frequency of training offered to employees, with 94% saying they offer training at least monthly,” said Koolen.
However, the latest data indicates a drop in the allocated budget for skills development.
In a previous survey conducted in 2022, a quarter of organisations said they spend more than 15% of their HR or IT budgets on skills development and training. This year, not a single organisation that formed part of the research spent more than 10%.
SAP lists several measures that companies can implement to ensure they cultivate the correct skills mix:
Be prepared: With universal demand for tech and AI-related skills and an ongoing skills scarcity, African organisations must prepare for a shortfall in critical AI-related skills this year.
“The moment calls for a pragmatic approach that combines longer-term skills development – including reskilling and upskilling – with short-term measures that alleviate some of the immediate pressures and creates space for more robust skills development initiatives. Organisations also need to take care to support employees through this uncertain period, for example, by using human capital management technologies that help HR teams identify concerns.”
Prioritise training: Koolen said it is surprising that budget allocations for training and skills development appear to be shrinking. “Too many digital transformation and innovation initiatives fail to deliver the expected business value due to a lack of appropriate skills.
“In light of the rapid pace of technological advancement, any organisation that fails to invest in skills will likely find they are unprepared and unable to leverage new innovations. In time, this will erode their competitiveness and lead to significant impacts to the bottom line.”
Instead, organisations should place skills development at the core of their business strategies to ensure a steady stream of work-ready talent and invest sufficient budget to guarantee high-quality outcomes for employees and the business.
Partner well: While Africa has the fastest-growing youth population of any continent, there are still significant systemic challenges with equipping youth with adequate work-ready skills.
“Africa’s ability to reap the benefits of AI-related innovation rests on broader public-private sector efforts at cultivating the correct skills mix,” said Koolen. “Partnering with educational institutions and other industry skills development initiatives can accelerate the rate at which skills become available to companies.”
She added that technology vendors can also play a valuable role. “Large technology companies often have large global workforces and strong employer brands, allowing them to attract top talent. Partnering with tech venters can augment organisations’ skills base and provide valuable support to AI-led initiatives.”
E-Business
Google Announces $37m Funding in Africa

Google has outlined a wave of AI support across Africa, representing $37 million in cumulative funding — including previously committed but unannounced funding — to research, talent development, and infrastructure.
The funding package includes funding and partnerships that aim to strengthen AI research, support African languages, improve food systems, expand digital skills, and build research capacity.
The AI Collaborative for Food Security, a multi-partner initiative launched with $25 million in funding from Google.org will bring together researchers, and nonprofit organizations to co-develop AI tools for early hunger forecasting, crop resilience, and tailored guidance for smallholder farmers.
The goal is to help make food systems across Africa more adaptive, equitable, and resilient in the face of increasing climate and economic shocks.
Google also announced $3 million in funding to the Masakhane Research Foundation, the open research collective advancing AI tools in over 40 African languages.
The funding will support the development of high-quality datasets, machine translation models, and speech tools that make digital content more accessible to millions of Africans in their native languages.
To further empower innovation, Google is launching a catalytic funding initiative to support AI-driven startups tackling real-world challenges.
This platform will combine philanthropic capital, venture investment, and Google’s technical expertise to help more than 100 early-stage ventures scale AI-based solutions in agriculture, healthcare, education, and other vital sectors.
Startups will also receive mentorship, access to tools, and technical guidance to support responsible development.
Africa’s AI talent is growing rapidly, but the infrastructure to support it must grow in tandem.
That’s why a cornerstone of this announcement is the launch of the AI Community Center in Accra — a first-of-its-kind space for AI learning, experimentation, and collaboration in Africa.
The Center will host training sessions, community events, and workshops focused on responsible AI development. Its programming will span four pillars: AI literacy, community technology, social impact, and arts and culture — providing a platform for a diverse ecosystem of developers, students, and creators to engage with AI in ways that are grounded in African priorities.
To help meet the rising demand for AI and digital skills, Google is rolling out 100,000 Google Career Certificate scholarships for students in higher learning institutions across Ghana.
These fully funded, self-paced programs will focus on AI Essentials, Prompting Essentials, and other high-growth fields like IT Support, Data Analytics, and Cybersecurity — enabling more learners to access job-ready training and build careers in AI and the digital economy.
Beyond Ghana, Google.org is committing an additional $7 million to support AI education across Nigeria, Kenya, South Africa, and Ghana.
The funding will support academic institutions and nonprofits building localized AI curricula, online safety training, and cybersecurity programs.
Additionally, two new $1 million grants from Google.org aim to bolster AI research capacity across the continent.
One grant goes to the African Institute for Data Science and Artificial Intelligence (AfriDSAI) at the University of Pretoria to support applied AI research and training.
The other supports the Wits Machine Intelligence and Neural Discovery (MIND) Institute in South Africa, which will fund MSc and PhD students to conduct foundational AI research and help shape Africa’s role in the global AI landscape.
Speaking about the announcements, James Manyika, senior vice president for Research, Labs, and Technology & Society at Google, said: “Africa is home to some of the most important and inspiring work in AI today. We are committed to supporting the next wave of innovation through long-term investment, local partnerships, and platforms that help researchers and entrepreneurs build solutions that matter.”
Yossi Matias, vice president of Engineering and Research at Google, added: “This new wave of support reflects our belief in the talent, creativity, and ingenuity across the continent. By building with local communities and institutions, we’re supporting solutions that are rooted in Africa’s realities and built for global impact.”
E-Business
How High the Risk of a Cyber Incident in Your Organisation

One of the core reasons why businesses remain vulnerable to cyberthreats is that they underestimate their risk or overestimate the strength of their existing defences.
According to a recent Kaspersky survey entitled “Cybersecurity in the workplace: Employee knowledge and behaviour”, 52,1% of professionals surveyed in the Middle East, Turkiye and Africa (META) region, whose work requires the use of computers, asses the risk of a cybersecurity incident happening to their company as quite possible.
Commenting on the probable consequences of a cybersecurity incident, 55,6% of employees surveyed supposed that it might seriously affect the company. This understanding of risks comes not only from general cybersecurity awareness, but also from knowledge about cyber incidents in their organisations: 31,8% of respondents acknowledged such incidents happened in the past 12-months, while an additional 26,2% said they have heard about these incidents from colleagues.
Organisations nowadays face a variety of cyberthreats ranging from phishing and business email compromise to ransomware and advanced persistent threats.
In a lot of these attacks, the entry point into the organisation’s network is via a human mistake, and it is for that reason attackers actively employ social engineering techniques and AI tools to make their efforts more effective.
The survey shows that the majority of respondents understand that cybersecurity is an issue that should be considered by the IT department, while 23,9% also mentioned top level executives and 15,9% cited legal and financial employees as core groups within the business who should keep cybersecurity issues in mind. Only 30,6% of employees surveyed viewed cybersecurity as an issue that should be considered by all employees across the entire business.
“In today’s digital landscape, cybersecurity is a collective responsibility that extends beyond the IT department. Every employee should remain vigilant against evolving threats.
“Regular cybersecurity training, use of relevant IT solutions, well-defined policies and an incident response plan are essential pillars of organisational cyber resilience. When every team member is informed and prepared, the organisation stands stronger against cyber threats,” says Brandon Muller, Technical Expert for the MEA region at Kaspersky.
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