Telecom
Terrestrial Fiber Infrastructure Investment Key to Africa’s Digital Economy – Experts
Experts at the ‘Africa Panel Session’ of the 2019 International Telecoms Week (ITW), held recently in Atlanta, USA, have stressed the importance of broadband infrastructure investment in facilitating the growth of Africa’s digital economy.
Speaking on the theme “Enabling Africa’s Digital Economy”, Principal Analyst at TeleGeography, Patrick Christian, evaluated the African digital economy, noting that the study of global trends shows that Africa is maintaining its position as the fastest growing region in terms of internet usage, though data volumes remain lower than other parts of the world.
Christian, underscored the importance of the role content providers such as Google, Microsoft and Facebook, play in driving Internet traffic and the expectation that their traffic on the continent will increase with the growth of Africa’s digital economy. It is expected that having more content beginning to reside and be exchanged within Africa, will add tremendous benefits to the ecosystem.
A panel that included high-level representation from MainOne, Google, Avanti Plc, Angola Cables, CSquared Africa, and WIOCC engaged in compelling discourse that highlighted these and other key factors for development in Africa’s digital economy. The dialogue centered on the notion that the development of the terrestrial network is key to growing the digital economies of all African countries.
A point further emphasized by MainOne’s CEO, Funke Opeke, who stated that the organization is currently working in Lagos State of Nigeria to enable digital transformation through the deployment of 2500km of fibre across the State, adding to the almost 1000km of fibre currently deployed.
Opeke stated, “Our immediate focus is to ensure we have fibre to the towers, fiber to schools, health care facilities, and other government agencies, fiber to the enterprise/business districts, and with a density to reach within 1km of the majority of citizens in Lagos. We envisage having network density whereby over 60% of the population is within 1km of fibre access with the planned deployment.”
The 2019 Africa Panel session at ITW co-sponsored by MainOne continues to provide a platform for key global players to share perspectives on the opportunities and challenges of telecoms development on the African continent. This year makes it the 8th time in a row that MainOne has sponsored the session.
Lynda Saint-Nwafor, chief Enterprise business officer, MTN Nigeria, has assured the network subscribers that the new end-user billing system for the use of USSD services will jot affect them.
USSD, otherwise Unstructured Supplementary Service Data codes are commonly used for banking transactions, airtime recharges, and other mobile services.
The telco said that there is no significant impact or change other than the fact that they will now pay the same N6.98 per session (120 seconds) with their airtime instead of direct bank debit.
Saint-Nwafor, said this during a chat with MTN MIP fellows, explaining that the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered telecom operators to ensure that the new billing model resolves trust issues and ensures transparency in the billing process.
“Our regulator insisted that at the end of every month, we are going to be providing history and statistics on the performance of the service across the board”, she explained.
Saint-Nwafor added that the new billing model has standardized messaging across all operators and ensures consistent communication with customers.
“We will take all the error codes and map them into messages that are standardised across the board. So, if you initiate a transaction, you will know if it is failing. And, when the transaction fails, you will know if it is from your bank or the telco,” she explained.
The U.S. government has recovered $225 million in what is now the largest seizure of funds linked to a cryptocurrency investment scam.
In a statement released Wednesday, June 18, the U.S. Attorney’s Office said the recovery followed an extensive investigation by the FBI and the U.S. Secret Service, using blockchain analysis and other forensic tools. The statement did not confirm whether any arrests had been made.
According to the authorities, the stolen funds originated from fraudulent cryptocurrency investment schemes that tricked victims into believing they were making legitimate investments. More than 400 individuals around the world, including dozens in the United States, were reportedly affected.
The operation involved a sophisticated money laundering network that carried out hundreds of thousands of blockchain transactions to obscure the source and ownership of the stolen assets.
“These scams prey on trust, often resulting in extreme financial hardship for the victims,” said Shawn Bradstreet, Special Agent in Charge at the U.S. Secret Service office in San Francisco.
Bradstreet added that U.S. officials hope the recovered funds can eventually be returned to the rightful victims.
Cryptocurrency investment fraud accounted for over $5.8 billion in reported losses in 2024 alone, according to the statement.
In a rousing declaration that is electrifying minds across the continent, Hon. Nnaemeka Ani, Special Adviser on ICT to Enugu State Governor, Dr. Peter Mbah, has called for a homegrown digital revolution under the banner “Africa Will Rise: By Code, By Courage, By Us.”
Hon. Nnaemeka Ani
The message, part challenge, part philosophical—seeks to galvanize African innovators to move beyond buzzwords and build technology with impact and legacy in mind.
“Let’s stop building for hype. Let’s start building for legacy,” Ani urged while speaking to ICT journalists over the weekend. “Let’s stop waiting for someone else. Let’s start creating the future—on our own terms.”
At the heart of Ani’s vision is a shift from tech consumerism to tech authorship. With innovation hubs sprouting across cities like Enugu, Lagos, Kigali, Jo’Burg, and Nairobi, and a growing community of developers, engineers, and entrepreneurs determined to solve Africa’s unique challenges, the movement is already taking shape.
Ani emphasized that Africa’s future lies not in flashy apps or international admiration but in persistent, intentional solutions that uplift communities—solutions that digitize public services, bridge rural-urban divides, empower women and youth, and build resilience in food and climate systems.
“We have the talent,” he said. “Now it’s time to harness it—to stop building for likes and start building for lasting impact.”
With support from leaders like Ani and rising momentum in Africa’s tech corridors, it seems that a new chapter is being written—one line of code at a time.
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