The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) (www.AfricaFC.org) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa.

 

As part of this commitment, the EIB today confirmed it will invest $52.48 million in the Fund, which is managed by AFC Capital Partners (ACP), the asset management arm of AFC. ACP has already secured a $253 million commitment from the Green Climate Fund (GCF), marking GCF’s largest-ever equity investment in Africa. In addition, the Nigeria Sovereign Investment Authority (NSIA) and two private African pension funds have also committed to the Fund, demonstrating robust institutional backing on the continent and internationally.

The Infrastructure Climate Resilient Fund aims to accelerate climate adaptation in Africa by embedding resilience measures at every stage of infrastructure development—from design and construction to operation. Using blended finance to de-risk private investment, the Fund also integrates innovative tools such as climate risk parametric insurance to enhance protection against climate-related risks and losses. In addition, the Fund will provide technical assistance to enhance the capacity of countries seeking climate risk assessment and adaptation, aligning with the European Union’s Global Gateway initiative and the UN Sustainable Development Goals.

The EIB formally signed the agreement at the Finance in Common Summit (FICS) in Cape Town today, demonstrating the close collaboration between the EIB, AFC, and other strategic partners.

“The EIB is committed to supporting private sector investment in climate-resilient infrastructure, especially in regions most vulnerable to climate change,” EIB Vice-President Ambroise Fayolle stated at the ceremony today. “This partnership with the Africa Finance Corporation and the launch of ACP’s Infrastructure Climate Resilient Fund are a significant step towards accelerating Africa’s green and digital transition and ensuring a sustainable future for all. The EIB’s investment is not just about the initial capital injection; it is also intended to have a multiplier effect by attracting more investors, reducing risk, showcasing successful projects, and promoting best practices in climate finance.”

ACP’s fund aims to demonstrate that Africa can pursue a climate-resilient and sustainable development path by addressing market failures, mitigating environmental risks, strengthening logistics, trade, and industrialization, and accelerating the continent’s digital and energy transition.

“This Fund is crucial for bridging the funding gap for climate adaptation in Africa,” Samaila Zubairu, AFC’s President & CEO, said at the launch event today. “By focusing on climate-resilient infrastructure, we are not only securing our economic future but also creating opportunities for sustainable growth, and supporting job creation across the continent. We are glad to partner with the EIB and other investors who are committed to increasing the impact of climate finance.”

Developing Climate-Resilient Infrastructure

The ICRF focuses on Africa, the world’s most climate-vulnerable continent, by investing in infrastructure that can withstand the impacts of climate change while reducing carbon emissions. The Fund prioritizes resilient, low-carbon solutions across transport and logistics, clean energy, digital infrastructure, and industrial development, ensuring sustainable growth.

ACP’s investment strategy evaluates climate risk across both physical and transition dimensions, including emissions and climate governance. The Fund is committed to ensuring that infrastructure assets are designed, built, and operated to withstand and adapt to evolving climate conditions. To achieve this, ACP will conduct rigorous climate risk screenings and assessments for every investment, establishing a new benchmark for selecting and implementing the most effective adaptation solutions.

The Fund leverages a powerful partnership between three major institutions—EIB, AFC, and GCF—uniting their expertise, capital, and commitment to climate resilience. Aligned with the EIB’s Climate Bank Roadmap, ACP will draw on the proven track records and deep technical expertise of both EIB and AFC in infrastructure investment, creating a compelling platform to attract additional investors. Through this strategic collaboration, the $750 million fund is poised to unlock up to $3.7 billion in financing, accelerating the deployment of climate-resilient infrastructure across Africa.

The GCF will play a critical role by providing technical assistance for due diligence and climate resilience monitoring while also covering the first-loss tranches on new investments, effectively de-risking projects and attracting private capital.

Once operational, the Fund aims to invest in a diversified portfolio of 10 to 12 projects across Africa. It will also assist countries and entities in capacity building and deployment of climate risk assessment and adaptation solutions.

Further Information

Leveraging Partnerships

The Fund is built on a powerful partnership between three major institutions: the European Investment Bank (EIB), Africa Finance Corporation (AFC), and the Green Climate Fund (GCF). Through its asset management arm, AFC Capital Partners (ACP), AFC is collaborating with the EIB to deploy the Fund, leveraging both institutions’ proven track records and technical expertise in infrastructure investment to attract additional investors. The partnership is further strengthened by the GCF’s critical role in providing first-loss protection and technical assistance, ensuring a robust framework for scaling climate-resilient infrastructure across Africa.

 

Mobilizing Climate Finance

The EIB’s $52.48 million commitment is a strategic step toward the Fund’s $750 million target, aimed at catalysing additional investments from both private and public sector partners into climate-resilient infrastructure. This commitment is expected to help mobilize approximately $3.7 billion in total financing, driving tangible, on-the-ground impact across Africa.

The EIB is committed to supporting private sector investment in climate-resilient infrastructure, especially in regions most vulnerable to climate change

 

Focusing on EIB’s core priorities agreed by ECOFIN

The EIB investment will support the climate bank ambition to accelerate international action on adaptation and resilience. With an expected climate action and environmental sustainability contribution of about 80%, the operation will contribute to EIB’s objectives to dedicate (i) 50% of its financing toward climate action and environmental sustainability and (ii) 15% of its financing toward to climate adaptation by 2025. The Fund supports three of the five EU Global Gateway thematic priorities: i) climate and energy, ii) transport and iii) digital.

 

Addressing Market Failures

The EIB investment in ACP’s Infrastructure Climate Resilient Fund is intended to address the scarcity of equity capital for greenfield infrastructure projects, and to help overcome other market failures such as the lack of incentives for green energy solutions or market failures related to transport accessibility and digital connectivity. The Fund also aims to improve the efficiency of logistics and trade corridors and contribute to the digital and energy transition.

Supporting the Green and Digital Transition

By investing in clean energy and digital infrastructure, the Fund aims to support the broader green and digital transition in Africa and contribute to diversification and security of energy supply, as well as improved access to digital connectivity.

Enhancing Capacity for Climate Risk Management

ACP’s Infrastructure Climate Resilient Fund will provide technical assistance to build capacity for climate risk assessment and adaptation, with a focus on integrating climate risk considerations into project design and construction.

Creating Jobs and Economic Opportunities

Projects backed by ACP’s Infrastructure Climate Resilient Fund will contribute to job creation, economic growth, and improved quality of life in the target regions. These projects are expected to generate significant temporary employment during construction as well as permanent jobs during operation.

Key projects in the ICRF pipeline, such as the Lobito Corridor, underscore AFC’s pivotal role in driving transformational and climate-resilient infrastructure investments across Africa. As the lead developer of the project, AFC is spearheading efforts to enhance regional connectivity and economic integration through the corridor, which is set to become a critical trade and logistics route linking Angola, the Democratic Republic of Congo (DRC), and Zambia.

The Lobito Corridor is expected to unlock vast economic opportunities by facilitating efficient transportation of critical minerals, agricultural goods, and other commodities, reducing dependency on other congested export routes and fostering industrial development along the wider corridor. Alongside partners including the European Union, the United States Government, the African Development Bank and the governments of Angola, the Democratic Republic of Congo and Zambia, AFC is working to ensure the corridor is developed with climate resilience in mind, integrating sustainable infrastructure solutions that can withstand environmental challenges while promoting long-term economic growth.

Beyond Lobito, the ICRF pipeline includes other strategic projects across transport, clean energy, and digital infrastructure, all designed to attract institutional investment and address Africa’s pressing infrastructure gap. Through these initiatives, ACP continues to highlight its commitment to mobilizing capital for projects that deliver both financial returns and lasting developmental impact.

The investments backed by the Fund will actively promote the adoption of Environmental, Social, and Governance (ESG) best practices, including gender equality, protection, and anti-discrimination policies.

 

De-risking Investments

The Fund’s structure, with support from the EIB and other institutions like the Green Climate Fund (GCF), aims to de-risk climate investments.

The GCF is providing grant funding to help with due diligence and monitoring of climate resilience, which can make the investments more attractive to other investors. Additionally, the Fund will integrate innovative climate risk insurance to complement traditional indemnity programs.

Aligning with Global and Regional Objectives

The EIB investment aligns with EU strategies, the African Union’s Agenda 2063, and the UN Sustainable Development Goals, and aims to support the implementation of Nationally Determined Contributions.

The African Energy Chamber (AEC) (https://EnergyChamber.org) – representing the voice of the African energy sector – has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between the U.S. and Africa. This collaboration will not only ensure that Africa’s energy interests are effectively represented in U.S. legislative and policy discussions, but also aims to facilitate greater capital and technology injection by U.S. firms into African oil and gas projects.

 

The strategic partnership will strengthen U.S. understanding of Africa’s vital role in enhancing global energy security, while fostering greater investment and cooperation. SGD will also advise the AEC on fostering a more inclusive and constructive approach to G20 energy dialogues in the lead-up to and during the African Energy Week (AEW): Invest in African Energies conference – taking place in Cape Town from September 29 to October 3, 2025. The collaboration will address ongoing challenges such as financing and policy issues that impact African oil and gas projects. Led by Founder and Chairman Robert Stryk, SGD offers strategic diplomatic solutions, making it a strong partner for the AEC as it works to accelerate energy development across the continent.

“Africa needs to produce energy for its people, its development and meet global demand so we avoid volatile energy markets that hurt both American and African consumers,” stated Stryk. “Vilifying Africa’s energy industry – the economic engine of multiple nations – because it is based on fossil fuels, although the proportion of renewables is growing, is not justified. Africans need energy to fix energy poverty issues and spur economic growth. They should be allowed to make their own choices. Our firm will work to bring energy matters of Africans to the important decision markets globally.”

As Africa’s oil and gas industry faces increasing pressure from climate groups and stringent Environment, Social and Governance (ESG) regulations, this collaboration will tackle critical challenges, with finance and climate policies being the most pressing. In recent years, regulations restricting oil and gas financing have limited Africa’s ability to develop its natural resources. Notably, the European Union has sought to reduce or eliminate funding for fossil fuel projects, while environmental organizations such as Greenpeace continue to oppose lending. Up to 11 European banks have cut access to financing for upstream oil and gas projects, despite rising demand across the EU and broader global economy.

Africa needs to produce energy for its people, its development and meet global demand so we avoid volatile energy markets that hurt both American and African consumers

In this context, the U.S. – with its extensive network of major oil and gas companies and financial institutions – stands to play a key role. African national oil companies, indigenous firms, independents and international energy companies are struggling to secure the financing needed to develop new oil and gas projects and combat energy poverty. However, strengthened collaboration with the U.S. could reverse this trend. The U.S. is not only one of the world’s largest oil and gas producers but, under its new administration, is expected to have an increased presence in Africa’s energy sector. There are significant opportunities for U.S. oil and gas companies in Africa.

In the oil sector, Africa’s mature producers including Angola, Libya and Nigeria are launching licensing rounds in 2025 to attract fresh investment in exploration projects. Emerging markets such as Senegal, Namibia and Ivory Coast are also seeking increased upstream investment following billion-barrel offshore discoveries. Countries like Gabon, Ghana, Equatorial Guinea and Algeria – some of the continent’s largest oil producers – are facing potential phase-out of finance and production, which could devastate these economies and leave their populations in the dark.

Meanwhile, Africa’s natural gas sector, with over 620 trillion cubic feet of proven reserves, offers the promise of increased energy supplies and reduced emissions. With over 600 million lacking access to electricity and 900 million relying on traditional biomass for cooking, Africa’s energy future must be driven by pragmatic, Africa-centric solutions. As a cleaner-burning fuel, natural gas offers a sustainable pathway to industrialization and economic empowerment. Major projects like Mozambique’s Rovuma Basin developments, Senegal and Mauritania’s Greater Tortue Ahmeyim LNG, Tanzania LNG and the Republic of Congo’s Marine XII permit have the potential to transform the continent’s energy matrix, but more investment is needed to address energy poverty effectively.

“Stryk is a super Lobbyist. He understands Africa and he gets results. He is adaptive and forward-thinking. He achieves results by building consensus. I am confident he is going to help give the African energy sector a voice in Washington,” stated NJ Ayuk, Executive Chairman of the AEC.

“Given that 600 million people on the continent lack access to electricity and 900 million people lack access to clean cooking technologies, it’s impossible — even inhumane — to discuss climate change without addressing energy poverty. The notion that producing energy in Africa will lead to a ‘carbon bomb’ is misleading and ignores the critical need for energy access across the continent. Our partnership with SGD is a crucial step in ensuring U.S. policymakers understand the importance of oil and gas in Africa’s economic development. Energy poverty remains one of the biggest threats to Africa’s future, and we must work with partners who recognize that natural gas is not the problem – it is part of the solution,” concluded Ayuk.

 

 

NAPAfrica, along with the support of its dynamic peering community, has reached a new milestone of five terabits per second (Tbps) of traffic. NAPAfrica remains Africa’s fastest-growing Internet Exchange Point (IXP) and one of the global top ten internet exchanges by total traffic volume, reinforcing its position as the continent’s premier peering and interconnection hub.

 

With over 655 networks peering at its exchange points, NAPAfrica continues to play a critical role in keeping African internet traffic local, reducing costs, and improving network performance.

 

Key traffic milestones in NAPAfrica’s growth:

2016: Traffic peaked at 100Gbps.

2018: Traffic peaked at 500Gbps.

2021: Traffic surged to 2Tbps.

2023: Traffic surpassed the 4Tbps mark.

February 2025: Traffic reached 5Tbps.

 

NAPAfrica statistics:

Physical connected ports: 2 244

Total connected capacity: 41.5Tbits

 

Ten factors driving NAPAfrica’s growth:

 

1. Strategic locations in South Africa

NAPAfrica operates in Johannesburg, Cape Town, and Durban, three of Africa’s key internet traffic hubs. In these locations, NAPAfrica serves as a critical interconnection point for regional and international networks.

 

2. Teraco data centres

NAPAfrica is physically hosted within Teraco data centres, Africa’s largest carrier- and vendor-neutral data centre operator. Teraco facilitates direct interconnections with over 655 networks, including major ISPs, CDNs, cloud providers, and enterprises, offering a seamless and cost-effective peering experience.

 

3. Presence of major content and cloud providers

The exchange attracts global technology leaders such as Akamai, Amazon, Cloudflare, Google, Meta, Microsoft, and Netflix, enabling direct content delivery and cloud access in Africa.

 

Teraco and NAPAfrica have invested in additional cache servers to cover regional connectivity requirements, including hosting Netflix Open Connect in Cape Town and Durban. By reducing the distance data must travel, this initiative enables faster load times for local audiences, enriching the user experience while making participation even more attractive for new members.

 

4. Free peering and cost efficiency

Unlike many global IXPs, which charge for port access, NAPAfrica offers free peering. This enables ISPs, content providers, and enterprises to lower transit costs while improving network performance.

 

5. Expansion of the peering community

Over the past year, NAPAfrica has added more than 40 new peers, including prominent companies like Mimecast, Fortinet, and Tencent, enhancing its peering ecosystem and increasing traffic exchange efficiency.

 

6. Introduction of 400Gbps interconnection options

In a first for Africa, NAPAfrica now offers 400Gbps interconnects, accommodating the growing bandwidth demands of content and cloud providers.

 

7. Growth of local and regional networks

Most of Africa’s internet traffic was traditionally routed through Europe, increasing latency and costs. NAPAfrica has helped keep African traffic within the continent, leading to improved performance for ISPs, mobile operators, and enterprises, while fostering a more self-sufficient African internet ecosystem.

 

8. Subsea cable connectivity boost

South Africa’s strategic position as a landing point for subsea cables like 2Africa, ACE, EASSy, Equiano, METISS, SAT3/SAFE, Seacom, , and WACS has bolstered international connectivity. Networks across Southern, East, and West Africa peer at NAPAfrica to access global content efficiently.

 

9. Growth in mobile and broadband internet usage

With Africa experiencing exponential growth in mobile internet and fibre broadband penetration, ISPs and mobile operators increasingly rely on NAPAfrica to support demand for video streaming, gaming, and cloud services.

 

10. Enhanced network visibility and performance optimisation

NAPAfrica’s adoption of the Kentik Network Observability platform provides peering members with critical network insights, allowing them to optimise traffic flows, detect anomalies, and enhance performance.

 

As Africa’s digital landscape continues to evolve, NAPAfrica remains at the forefront of connectivity, providing the infrastructure necessary to support Africa’s digital transformation. With continued growth and expansion, the exchange is set to play an even more significant role in shaping the future of the African internet economy.

 

Ends.


About NAPAfrica

NAPAfrica is Africa’s leading interconnection platform, supporting a diverse ecosystem of global carriers, cloud providers, CDNs, ISPs, enterprises and digital services. Operating Internet Exchange Points (IXPs) within Teraco’s Cape Town, Durban, and Johannesburg data centres, NAPAfrica is dedicated to making internet access more accessible across Africa. The IXP now has over 655 members from over 50 countries and hosts community events and online discussions to foster collaboration. Visit https://www.napafrica.net for more details.

 

Paul Selibas appointed as EFTCorp’s Chief Product Officer to drive future-focused payment products

 

Africa’s digital payment ecosystem is growing rapidly, making innovative and scalable financial products essential for sustained growth.

 

But more doesn’t necessarily mean better, says Paul Selibas, newly appointed Chief Product Officer at EFT Corporation (EFTCorp). “Innovation is not just about building more products – it’s about solving real customer challenges and making payments more seamless, scalable, and accessible.”

 

Financial inclusion is a critical driver of economic growth across Africa, while 33% of adults in Sub-Saharan Africa have a mobile money account (compared to just 10% globally), more than half the population remains unbanked or underbanked, highlighting the necessity for products that promote financial inclusion and cater to the unique needs of African consumers.

 

With that in mind, Selibas plans to ensure that EFTCorp remains focused on its core product offerings while also driving innovation. “That means positioning EFTCorp’s products in a way that truly serves customers’ needs, balancing product focus with expansion.”

 

EFTCorp’s product strategy is built on four key pillars, all foundational to payments and financial services: Banking-as-a-Service (BaaS), acquiring, issuing, and payment orchestration. While one pillar might sometimes require more focus, all four are essential and will remain so, says Selibas. “Acquiring is currently gaining significant traction in the market, for example. However, acquiring alone is ineffective without issuing, which is why EFTCorp ensures both are supported together, enabling a comprehensive payment ecosystem. Unlike many fintechs focusing on individual products, EFTCorp is a full-suite payments solutions provider, offering end-to-end solutions through a modular approach. This allows clients to customise EFTCorp’s product offerings based on their needs rather than being locked into a single system.”

 

What truly sets the company apart, however, is its focus on further tailoring these solutions to regional requirements. “No-one understands a market better than its customers, so we work closely with our clients to ensure our products meet regulatory requirements and are customised to local needs. The key to this approach is maintaining a constant feedback loop with our clients and then using that ongoing communication for adaptation.

“This collaboration ensures we deliver relevant and effective solutions that solve real problems – not only in the broader African context, but down to the regional level. It means our product strategy consistently aligns with key challenges and opportunities in Africa, addressing issues like financial literacy, seamless and safe transacting, fragmented payment systems, and the high cost of infrastructure upgrades in traditional banking.”

EFTCorp also ensures that its products support financial inclusion by being price-sensitive and market-relevant. “Bringing high-cost systems into African markets is, quite simply, ineffective,” explains Selibas. “To be both accessible and impactful, solutions must consider socio-economic factors and local challenges. We aim to bridge the gap between legacy banking infrastructure and next-generation digital payment solutions, empowering financial institutions with scalable, seamless, and customer-centric products. These next-generation banking solutions also lower barriers to entry for underserved communities, allowing small businesses and merchants to integrate with digital payment systems effortlessly.”

 

With such a deep understanding of market-specific challenges, Selibas’ leadership will ensure that EFTCorp maintains its position as a trusted partner that builds for modern banking, developing tailored payment solutions for customers across Africa and accelerating the adoption of digital payments in emerging markets such as the DRC, Ethiopia, Kenya, Ghana, and broader East and West Africa. This includes driving growth in high-growth sectors such as e-commerce, merchant acquiring, card issuing and mobile transactions.

 

His strategy is to focus on tailoring his products by ensuring we have the best team so that innovation and customer needs are at the heart of what drives the company’s growth. “The ultimate goal is to help steer EFTCorp on its path to becoming the dominant payment enabler on the continent – not only leading the payments space but also empowering financial institutions and businesses to scale faster and smarter, and together, contributing meaningfully to Africa’s economy.”

 

The National Information Technology Development Agency (NITDA) is taking another bold step in shaping Nigeria’s digital future. Its Director General, Kashifu Inuwa Abdullahi, recently welcomed the Vice Chancellor of Nasarawa State University, Keffi (NSUK), Professor Sa’adatu Hassan Liman, to explore deeper collaboration in digital literacy, artificial intelligence (AI), and research.

For both leaders, this meeting wasn’t just about policy discussions—it was about creating real opportunities for students and researchers. Recognizing the need for hands-on skills and cutting-edge research, they agreed to develop a Memorandum of Understanding (MoU) that will translate their shared vision into action.

“This partnership is about empowering young minds with the skills they need to thrive in a technology-driven world,” Abdullahi stated. “By working together, we can create a pipeline of digital talent that will drive innovation and economic growth.”

Professor Liman echoed this sentiment, emphasizing that universities must go beyond traditional learning to prepare students for the realities of a digital economy. “We want to ensure our students are not just degree holders but problem solvers and innovators,” she said.

The collaboration aligns with NITDA’s mission to accelerate Nigeria’s digital transformation, a key component of President Bola Ahmed Tinubu’s Renewed Hope Agenda. With this partnership, students at NSUK can look forward to gaining future-ready skills that will set them apart in a competitive world.

 

By Babafemi Ojudu

I was startled when I saw the video clip that emerged from the Oval Office yesterday. It was a scene that should never have played out in any nation’s highest diplomatic chamber, let alone in the hallowed halls of the United States presidency. The Oval Office, a space traditionally reserved for measured statecraft and dignified engagement between nations, became the setting for an extraordinary display of public humiliation—an event that will go down as a dark moment in the annals of international diplomacy.

Watching that clip, I was reminded less of a formal diplomatic exchange than of the kind of public tirades one might expect from Portable, the notorious Nigerian musician infamous for berating his former collaborators, baby mamas, or anyone who crosses his path. Or worse, it felt like a street-corner altercation where a senior gang member bullies a subordinate into submission. This is not how states should relate. This is not how diplomacy is conducted. And I struggle to find any historical precedent for the sheer abrasiveness of what we witnessed.

The scene was not a discussion; it was a harangue—a coercive performance meant not to strengthen alliances but to humiliate an ally. It reminded me of my own encounters with security operatives in Nigeria in the 1990s—officials who, after an arrest, would gather around in numbers to badger, insult, and break the spirit of their captive under the guise of interrogation. When reason fails to persuade, they resort to threats, and when threats fail, they simply lock you up. In this case, Donald Trump and his co-conspirator in the public berating of Ukraine’s President Volodymyr Zelensky stopped just short of calling for him to be carted off and detained in Guantanamo Bay.

This was not diplomacy; this was arm-twisting. Yes, stronger nations do apply pressure on weaker ones, but rarely in such a brazen and undignified manner. It was the kind of psychological bullying one might expect in a school dormitory, where a senior student torments a younger one to the point of breaking their self-esteem. Zelensky, a wartime leader navigating the existential survival of his nation, found himself subjected to a spectacle that reduced him from a visiting head of state to an object of scorn—ordered out of a meeting and forced to stand as his nation’s dignity was chipped away. One wonders how he truly felt in that moment—trapped, verbally battered by both the first and second most powerful figures in the United States. What was their objective? What was their calculation?

The practice of diplomacy is rooted in mutual respect, even among adversaries. Henry Kissinger, the master tactician of realpolitik, understood that power alone cannot sustain relationships—diplomacy is also about perception, negotiation, and maintaining equilibrium. The idea that a nation should treat its allies with dignity is a foundational principle in international relations—one I was taught in my master’s degree class at the University of Lagos. European leaders, from French President Emmanuel Macron to German Chancellor Olaf Scholz, have made clear that allies should not be pressured in such a crude manner. The EU’s foreign policy chief, Josep Borrell, has emphasized that diplomacy must be rooted in “strategic autonomy”—a term that, in this case, seems to have been completely disregarded.

The great theorists of diplomacy, from Hans Morgenthau to modern scholars of statecraft, recognize that the strength of a nation is not merely in its military or economic power but in its ability to build and sustain alliances. The United States, once seen as the paragon of global leadership, has set a dangerous precedent with this display. The world is watching, and the message it received was clear: the new age of diplomacy, at least in some quarters of Washington, is one of intimidation rather than persuasion, of humiliation rather than partnership.

One of the core tenets of Yoruba wisdom says, a kìí pa alejo eni ǹjàkin—you do not slaughter your guest and call it valor. Respect for visitors is deeply embedded in our culture, as it is in many others. The idea that a visiting head of state could be so publicly shamed, with cameras rolling, is an affront not just to Ukraine but to the very essence of diplomacy itself.

What happened in the Oval Office yesterday will not be forgotten anytime soon. Not by Ukraine, not by America’s allies, and certainly not by history.

Welcome to the new age of diplomacy—where might replaces right, where alliances are forged under duress, and where global leadership is measured not by wisdom but by the ability to humiliate.

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has reaffirmed the Commission’s commitment to fostering compliance with data protection regulations across key national projects. This commitment was highlighted during a recent meeting with a delegation from the National Single Window (NSW) Secretariat, led by its Director, Mr. Tola Fakolade.

During the engagement, Mr. Fakolade provided an overview of the NSW Project, emphasizing its potential to streamline trade processes across Nigeria. He stated that the visit was aimed at seeking expert guidance from the NDPC to ensure full compliance with the Nigeria Data Protection Act, 2023 (NDP Act), particularly as data privacy and security remain integral to the project’s successful implementation. Fakolade further initiated discussions on collaborative efforts between the NSW and the NDPC to embed data protection as a fundamental pillar of the project’s design and execution.May be an image of 11 people, table, newsroom and text

In response, Dr. Olatunji commended the NSW Secretariat for proactively engaging the Commission and recognizing the importance of data protection. He acknowledged that the NSW Project, once operational, would function as a Data Controller of Major Importance, necessitating strict adherence to data protection protocols. The NDPC boss shared insights on the organisational and technical measures required for data protection compliance and offered strategic guidance on steps to align the NSW initiative with the provisions of the NDP Act.

Highlighting the broader economic implications, Dr. Olatunji assured the NSW team of the Commission’s willingness to collaborate, noting that the project’s success would not only benefit Nigerians but also contribute significantly to the nation’s economic growth. To solidify their cooperation, both parties agreed to hold periodic meetings, with a dedicated team set up to advance discussions on data protection integration within the NSW framework.

The meeting underscores the NDPC’s commitment to championing privacy rights and ensuring that national projects align with global best practices in data protection and security.

#ChampioningPrivacyRights #DataProtection #NADPA2025

 

By Anna Collard, SVP Content Strategy & Evangelist at KnowBe4 Africa (www.KnowBe4.com

 

With growing cybersecurity concerns top of mind for many organisations this year, recognising the varying approaches that different generations have to digital safety is an important component of effective security cultures. Even though younger generations grew up in a hyperconnected world, their overconfidence and lax approach to cybersecurity precautions are potentially putting organisations at great risk.

According to a 2022-survey by Ernst & Young (EY) (https://apo-opa.co/3Q4Wnbx), almost half of Gen Z respondents (48%) say they take cybersecurity protection on their personal devices more seriously than on their work devices.The same survey found that Gen Z workers are far more likely than older employees to use the same password for professional and personal accounts and to ignore important IT updates.

Even though Gen Z (born between 1997 and 2012) and Gen Alpha (born after 2013) (https://apo-opa.co/3XbQeOX) have grown up on a steady diet of tablets, smartphones, and social media, their vast exposure to the digital world – and the confidence it’s brought about – makes them increasingly susceptible to cyber threats, particularly in the face of AI-powered attacks.

This vulnerability is evident from the fact that 72% admit to clicking on suspicious links at work (https://apo-opa.co/3CEoWtc), a figure that is far higher than that among older generations.

Gen Z’s elevated risk profile 

Unlike millennials and older generations, Gen Z and Gen Alpha have grown up in a fully connected world. Their awareness of technology is instinctive rather than learned – but this has both negative and positive side effects.

On the plus side, they may instinctively understand certain risks, but paradoxically are therefore less concerned about them, such as when it comes to sharing personal information. These younger adults exhibit a classic case of the Dunning-Kruger effect (https://apo-opa.co/3Ej2XIL): they overestimate their cybersecurity knowledge, while lacking the overall competence needed to recognise that they are, in fact, not proficient. This may make them resistant to training from older generations, whom they feel know less about technology than they do.

Because they’re more comfortable sending messages via social media, Gen Z and Gen Alpha are, for instance, more vulnerable to phishing emails. The EY survey found that despite being digital natives, only 31% of Gen Z-respondents actually feel confident in identifying phishing emails (https://apo-opa.co/3CEoWtc). In addition, their love of media-multitasking makes them more distracted and therefore more susceptible to social engineering threats.

Another risk is that younger employees tend to mix personal and work devices, increasing organisations’ exposure to security vulnerabilities. Moreover, digital-first employees may resist traditional security systems at work, viewing them as inefficient or unnecessary.

The key differences relating to cybersecurity to be aware of among various generations in the workplace are:

  • Millennials:
    • More cautious, as they witnessed the rise of the internet and early cybercrime.
    • Tend to follow traditional cybersecurity protocols, like password rotation and antivirus usage.
  • Gen Z/Alpha:
  • Exhibit more trust in tech solutions like password managers, but are less vigilant with manual precautions.
  • More reliant on AI-based protections and quick fixes, leading to assumptions that systems are inherently secure. ​

 

Building an intergenerational cybersecurity culture

Knowing younger generations’ different approaches to learning and technology can make it easier for cybersecurity training programmes to really work.

 

Forget old-school compliance training: standardised cybersecurity training might not connect well with Gen Z employees.

 

If you want to grab their attention, use gamified learning platforms to make training interactive and fun. Not only will they be more engaged, but you’ll be aligning the training with their tech-savvy nature and familiarity with social media, making it more impactful.

 

Gen Z and Alpha thrive on bite-sized content, being far more likely to consult TikTok to learn something new than consult their parents (https://apo-opa.co/3Er4exw). Organisations can take advantage of this by creating short, engaging, and mobile-friendly lessons that resonate with younger generations.

 

Another way to make cybersecurity risks hit home is by incorporating real-life examples into training sessions. Because younger employees may not fully understand the consequences of cyber risks, case studies are useful in pointing out the impact that cyberattacks can have on individuals and organisations, such as losing your job or costing the organisation millions of rands in damage.

 

Bridging this awareness gap can also be done by encouraging intergenerational collaboration at work. Younger employees can learn from the experience and insights of older workers while also providing great insights and wisdom by sharing their perspectives too. Mentorship and knowledge exchange programmes where experienced employees can guide but also listen and try to learn from the Gen Z workers will solidify your organisation’s cybersecurity culture. This bridge can also be crossed by encouraging collaborative learning. Younger employees are far more likely to embrace cybersecurity initiatives when they feel involved and their input is actively welcomed.

 

By tailoring cybersecurity training to the unique characteristics and preferences of each generation, organisations can create more effective and engaging programmes. In this way, workplaces can cultivate a culture of shared responsibility and ongoing improvement by empowering Gen Z with a sense of ownership and autonomy.

 

Governor Bala Mohammed Applauds President Tinubu On Good Governance

 

The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI) Mr. Khalil Suleiman Halilu has disclosed that the Federal Government’s Irrigate Nigeria Project, amongst other things, targets increase in income of Nigeria’s farmers nationwide, even as the formal launch of the initiative took place at the weekend in Gamawa Local Government Area of Bauchi State.

Improved irrigation, according to NASENI EVC/CEO, “helps farmers to extend the number of farming rounds made possible in a year for each farming household. And this means a rise in income for farmers as farming activities increased all through the dry season”.

Speaking on Saturday 1st March 2025 in Gamawa, Bauchi State at the formal launch of the programme, the chief executive of NASENI said the goal of Irrigate Nigeria under the Renewed Hope Agenda of President Bola Tinubu administration essentially includes the transformation of entire Nigeria’s agriculture sector through provision of sustainable irrigation systems that empower farmers to achieve year-round farming, and by extension increased productivity and reduced food prices.

He said amongst other things, the programme is jointly being implemented by NASENI and the Renewed Hope Infrastructure Development Fund (RHIDF) and also has the participation of private sector at the core of its operations and it’s in line with President Tinubu’s commitment to fully empower and enable Nigeria’s private sector with farmers to develop the Nigeria’s agricultural sector.

Beginning with this pilot phase, Halilu explained that the irrigate Nigeria Project kicked-off on a 10-hectare land in Gamawa Local Government of Bauchi State under the Public-Private Partnership (PPP) built on a large scale farming basis for the purpose of sustainability and more production.

According to Halilu “this Federal Government initiative rests on four components for its sustainability which include: first the deployment of centralized NASENI irrigation systems to support farming clusters in the participating communities, Second is the provision of input-enhanced seeds and fertilizers including technical support to the participating farmers to complement the provision of irrigation equipment, third is the specialized nature of the commercial model, aimed at ensuring commercial viability and long-term sustainability, and lastly Irrigate Nigeria Project will be run on commercial basis, but with every care taken to ensure that this does not burden the participating farmers unnecessarily”

To this end according to NASENI’s chief executive “the repayments by farmers for the support being provided will be in the form of convenient portions of their harvests, like rice paddy. These repayments will be pooled into a strategic food reserve that will help to stabilize commodity prices and also made available for institutional sale for export, and finally it has the objective of ensuring that Nigeria’s farmers are able to farm throughout the year regardless of the availability of rains while increasing the quantity and quality of harvests”

The Governor of the host state for kick off of the nationwide programme, Bauchi State, Alhaji Bala Abdulkadir Mohammed expressed gratitude to the Federal Government for choosing Gamawa Local Government Area, as the first state to benefit from irrigate Nigeria initiative.

He said “What the Federal Government is doing today in Gamawa is the fulfillment of the essence of governance, that is to create an enabling environment, and it is a plus for President Tinubu or the Federal government. This project is more than just about farming; it is about food security, economic empowerment, and national stability. It aligns perfectly with Bauchi State Government’s broader goals of expanding irrigation farming, reducing dependence on rain-fed agriculture, and promoting sustainable agricultural infrastructure”

According to Bauchi state Governor, the irrigate Nigeria initiative is a new Model for agricultural excellence, capable of leading to sustainable growth and development of the agricultural sector. “The Irrigate Nigeria Project, if implemented as designed, will have a multiplier effect across the agricultural value chain, both vertically and horizontally. It will drive knowledge transfer, introduce advanced technologies, and distribute wealth equitably ensuring that even the most vulnerable members of our society benefit from this transformation. This is the kind of structured agricultural intervention which Nigeria needs, one that prioritizes inclusivity, accountability, and long-term economic impact”, the Governor said.

Dr Mohammed Dahiru who is the Chairman Presidential Committee on Technology Transfer (PICTT) said at the occasion that the Irrigate Nigeria Project was designed essentially on the Public Private Partnership (PPP) model in order to sustain the initiative beyond its take off, and to make it run on business principles and yet not leaving the farm households nationwide behind  in the overall aim of developing the whole agriculture eco-system of the country.

He said unlike similar initiatives in the past which received funding 100 percent from government or development partners and yet failed, the Irrigate Nigeria project was conceived and funded at the outset extensively on PPP basis to drive sustainability.

According to Dahiru, “no private sector puts funds into any investment and allows it to fail or go to sleep. The private sector’s mindset primarily is that anything that is worth investing in must be nurtured to succeed, which is not always the case with fully government funded projects.”

The weekend’s take-off of the Irrigate Nigeria Project in Gamawa, Bauchi State is the first phase of the Launch. The exercise will be replicated in other parts of the country by NASENI under the auspices of the Renewed Hope Infrastructure Development Fund (RHIDF).

 

Fintrak, a foremost fintech firm in Nigeria, has introduced its innovative Credit Ratings Software, aimed at transforming how banks assess customers and creditors before granting loans. The software, leveraging advanced technology and data analytics, is designed to enhance credit risk management and streamline the lending process in Nigeria’s banking sector.

As a leading provider of fintech solutions, Fintrak continues to make a significant impact on Nigeria’s financial landscape. This introduction builds on the company’s reputation for delivering innovative solutions that optimize operational efficiency, mitigate risks, and promote financial inclusion.

The Credit Ratings Software is designed to help banks assess the financial health, risk profile, and repayment capacity of customers and corporate clients before making lending decisions. Integrating seamlessly with existing banking systems, the software provides real-time evaluations, ensuring loans are granted based on accurate and reliable data.

In a statement, Bimbo Abioye, Group Managing Director of Fintrak, emphasized the importance of this new product for the banking industry. “At Fintrak, we are dedicated to providing cutting-edge solutions that drive greater efficiency and sustainability for our clients. The introduction of our Credit Ratings Software marks a significant step forward for Nigeria’s banking sector. It empowers banks to make informed lending decisions, thereby reducing the risk of defaults and contributing to the long-term stability of the financial system,” Abioye explained.

He further elaborated on the software’s role in helping banks make data-driven decisions. “With the increasing demand for loans in Nigeria, it’s crucial for banks to have the right tools to assess risk accurately. Our software provides real-time credit evaluations, which will help banks minimize financial risk while ensuring that loans are granted to borrowers with the capacity to repay.”

The Credit Ratings Software offers several key benefits to banks, including providing an accurate credit risk assessment using advanced algorithms to evaluate borrowers’ creditworthiness. This helps banks understand potential risks more effectively and make better-informed decisions. The software also automates the credit evaluation process, enabling faster loan approvals without compromising quality, thereby improving the overall customer experience.

Additionally, the software significantly enhances financial risk management by allowing banks to identify potential risks early in the lending process, reducing the chances of defaults. It also ensures compliance with regulatory standards set by Nigeria’s financial authorities, including the Central Bank of Nigeria (CBN).

A standout feature of the Fintrak Credit Ratings Software is its adaptability. The software is customizable to meet the unique needs of any bank, regardless of its size. Furthermore, it comes with bilingual capabilities in English and French, ensuring it serves the diverse banking market across Nigeria and ECOWAS Region.

Abioye highlighted the software’s broader importance in Nigeria’s rapidly evolving economic environment. “In today’s fast-paced financial landscape, banks must adopt tools that help them manage risk effectively while providing seamless services to their customers. Our software is built to meet these demands, and we believe it will have a significant impact on the long-term stability of Nigeria’s banking sector,” he said.

Fintrak, a leader in Nigeria’s fintech industry, continues to drive innovation with solutions that support banks in areas such as loan management, payments, and enterprise resource planning (ERP). The introduction of the Credit Ratings Software reinforces Fintrak’s commitment to equipping financial institutions with tools that improve their risk assessment and credit decision-making processes.

As Nigeria’s banking sector continues to modernize, Fintrak’s Credit Ratings Software is set to become an essential tool for banks looking to manage credit risk more effectively and contribute to the overall stability of the financial system.

 

 

 

The Credit Ratings Software offers several key benefits to banks, including providing an accurate credit risk assessment using advanced algorithms to evaluate borrowers’ creditworthiness. This helps banks understand potential risks more effectively and make better-informed decisions. The software also automates the credit evaluation process, enabling faster loan approvals without compromising quality, thereby improving the overall customer experience.