In The Spotlight
Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), is intensifying its efforts against cyber-crimes by enabling residents to report offenses around the clock
This will be facilitated through a 24-hour Cybercrime Rapid Response Desk, designed to receive and swiftly respond to information on cyber-crimes from the public. The desk will be accessible via both local and international phone numbers.
"Cyber-crime is not a crime against individuals and businesses. It is an assault on our collective integrity, economic stability, and the future of our youth," stated Nigeria's First Lady, Oluremi Tinubu. "It is therefore crucial that we address these challenges head-on and explore not only the harmful consequences of cyber-crimes but also the sustainable alternatives that can redirect our youths towards productive and positive endeavours."
With over 60% of Nigeria’s population being young people, Tinubu highlighted that youth involvement in cyber-crime poses a significant threat to the nation's economic stability. The perpetrators of these crimes, often referred to locally as 'Yahoo Boys,' are primarily tertiary graduates struggling to secure formal employment.
The Nigeria Communications Commission reports that cyber-criminal activities cost the country an estimated US$500mn annually. This initiative by the EFCC aims to curb cyber-crime, safeguarding Nigeria’s economic stability and promoting positive and sustainable paths for the youth.
Kaspersky, a leading global cybersecurity and digital privacy firm, has issued a warning about the Grandoreiro banking trojan, a growing threat worldwide
Active since 2016, Grandoreiro has targeted over 1,700 financial institutions and 276 cryptocurrency wallets across 45 countries just this year. This accounts for about 5% of the year’s total banking Trojan attacks. Adding to the concern, a newly discovered "light version" of the malware has already affected around 30 banks in Mexico.
Several African nations, including Algeria, Angola, Ethiopia, Ghana, Côte d'Ivoire, Kenya, Mozambique, Nigeria, South Africa, Tanzania, and Uganda, have also fallen victim to Grandoreiro's attacks.
An evolving cyber threat
Following an INTERPOL-led operation that helped Brazilian authorities arrest some operators behind the Grandoreiro banking trojan, Kaspersky discovered that the malware’s codebase has been split into lighter, more fragmented variants to continue their activities. This fragmentation has contributed to the rise of financial institution attacks in Mexico this year. The creators of the malware likely retain access to its source code and are now launching new campaigns using this simplified legacy version.
“These recent developments highlight the dynamic nature of the threat. The emergence of these lighter versions could signal a trend that might expand beyond Mexico, potentially spreading to other regions, including outside Latin America,” said Fabio Assolini, head of Kaspersky’s Latin American Global Research and Analysis Team (GReAT). “However, it appears that only a select group of trusted affiliates have access to the source code, which allows them to develop such lighter variants. Grandoreiro operates differently from the typical ‘Malware-as-a-Service’ model; it isn’t advertised in underground forums, and access to it seems highly restricted.”
Multiple Grandoreiro variants, including the light version and the main malware, are now responsible for a significant portion of global banking trojan attacks, making it one of the most prevalent cybersecurity threats today, according to Kaspersky.
After analysing new Grandoreiro samples from 2024, Kaspersky observed fresh tactics aimed at evading detection. The malware now tracks mouse activity to replicate real user behavior, fooling machine-learning security systems into treating the activity as legitimate. By imitating natural mouse movements, Grandoreiro attempts to bypass anti-fraud tools.
Moreover, Grandoreiro has employed a cryptographic method called Ciphertext Stealing (CTS), which Kaspersky reports as a first in the malware world. This technique is used to encrypt malicious code strings, enhancing its stealth.
To combat financial malware like Grandoreiro, Kaspersky's security experts recommend several key measures for organisations, including enforcing a Default Deny policy for critical user profiles, providing employees with cybersecurity awareness training, and deploying protection solutions for mail servers with anti-phishing capabilities, such as Kaspersky Security for Mail Server.
For individuals, Kaspersky advises staying vigilant—avoid opening suspicious messages, only install apps from trusted sources, and never grant permissions or rights without confirming they align with the app's functionality. Additionally, using a reliable security solution like Kaspersky Premium is essential for protection.
The GSMA, a global organisation connecting the mobile ecosystem, has released its 'State of Mobile Internet Connectivity 2024 report', revealing that 43% of the global population still do not use mobile internet
Despite consistent annual growth in users, progress has slowed. In 2023, 160 million people started using mobile internet, bringing the total number of users to 4.6 billion, a figure similar to the previous year. However, this marks a slowdown from the 2015-2021 period, when more than 200 million new users were added each year.
According to the report, 350mn people, or 4% of the global population, live in remote areas without access to mobile internet, while 3.1bn people (39%) live within coverage but do not use the service, creating a substantial "usage gap." This gap remains the biggest challenge in expanding internet access.
The GSMA report, funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida), estimates that getting the unconnected population online could add US$3.5 trillion to the global economy between 2023 and 2030, with most of the benefits impacting low- and middle-income countries (LMICs). However, closing this gap will require an estimated US$418bn in infrastructure investment to achieve universal mobile internet access.
Africa: Least connected region
Only 27% of the region’s population uses mobile internet, leaving a 13% coverage gap and a massive 60% usage gap, indicating that many live within mobile internet coverage areas but do not use the service.
A key obstacle is affordability. In low- and middle-income countries (LMICs), entry-level internet-enabled devices cost around 18% of average monthly income, but in Sub-Saharan Africa, this figure skyrockets to 99% for the poorest 20% of the population. This makes mobile internet devices out of reach for a significant portion of the population.
The usage gap is also fueled by low digital literacy and lack of relevant local content. The report estimates that closing the usage gap in Africa could contribute an estimated US$3.5 trillion to the global economy by 2030, with 90% of that impact benefiting LMICs. However, bridging this gap requires significant investment in infrastructure—around us$418bn is needed to achieve universal mobile internet access.
In addition, nearly two-thirds of mobile internet users in Sub-Saharan Africa still rely on 3G smartphones or feature phones, limiting their ability to fully engage with digital services. The region’s infrastructure must evolve to offer affordable 4G and 5G connectivity, alongside efforts to improve digital skills.
John Giusti, chief regulatory officer at the GSMA, said, “Despite continued progress in expanding the reach of network infrastructure and in increasing mobile internet adoption, significant digital divides remain."
“Although most users access mobile internet daily, their activities are often limited to just one or two activities, even though many express a desire to do more. This highlights persistent barriers to enabling meaningful connectivity, preventing users from getting online and getting the full benefits of the mobile internet."
Google has announced a significant commitment of US$5.8mn aimed at accelerating AI skilling initiatives across Sub-Saharan Africa
This investment seeks to empower individuals and organisations to leverage artificial intelligence for economic growth and social impact.
In a recent statement, Matt Brittin, president of business & operations for Europe, the Middle East, and Africa, emphasised the transformative potential of AI in driving economic development and addressing pressing challenges such as healthcare and climate change. According to Google's Digital Opportunity of Africa report, AI could contribute up to US$30bn to Sub-Saharan Africa's economy by 2030. However, to unlock this potential, the tech giant stresses the importance of equipping the workforce with essential AI skills and resources.
The announced funding will support a range of initiatives aimed at fostering a comprehensive understanding of AI across various sectors. Key focus areas include:
- Empowering workers: Providing essential AI skills training to individuals across diverse industries.
- Educating youth: Promoting awareness of AI safety and ethics among teenagers to ensure responsible use.
- Supporting non-profits: Equipping leaders of non-profit organisations with foundational AI skills to enhance their impact.
- Assisting the public sector: Enabling governments to develop and implement AI solutions for public services and policymaking.
Google highlighted examples of African innovators already utilising AI to address critical issues. One notable project is Jacaranda Health in Kenya, which uses AI to provide vital maternal and newborn health services in remote areas. Additionally, AirQo, a project led by Makerere University, combines AI and air monitoring technology to combat pollution across major African cities.
How is Google Innovating Africa?
Google's commitment to research and development is evident in its Google Research Africa centers located in Accra, Ghana, and Nairobi, Kenya. These centers focus on creating innovative AI solutions tailored to African challenges while contributing to global advancements. Projects such as Open Buildings, which employs AI to identify and map buildings across the continent, exemplify this focus.
Furthermore, Google is enhancing its presence in Africa with the establishment of a Product Development Center in Nairobi, dedicated to creating products tailored for the African market. This includes innovations in voice search and an HTML5 gaming platform that has already attracted one million daily active users.
Recognizing that collaboration is essential for realising Africa's AI potential, Google is actively partnering with governments, non-profits, educational institutions, and the private sector. In Nigeria, for example, the company is working with the Federal Ministry of Communications, Innovation and Digital Economy to support AI talent development and empower local startups.
With this commitment, Google aims to unlock Africa's extraordinary potential in AI innovation, fostering an environment where technology can empower communities and drive meaningful change across the continent.
The GSMA, a global organisation connecting the mobile ecosystem, has released its 'State of Mobile Internet Connectivity 2024 report', revealing that 43% of the global population still do not use mobile internet
Despite consistent annual growth in users, progress has slowed. In 2023, 160 million people started using mobile internet, bringing the total number of users to 4.6 billion, a figure similar to the previous year. However, this marks a slowdown from the 2015-2021 period, when more than 200 million new users were added each year.
According to the report, 350mn people, or 4% of the global population, live in remote areas without access to mobile internet, while 3.1bn people (39%) live within coverage but do not use the service, creating a substantial "usage gap." This gap remains the biggest challenge in expanding internet access.
The GSMA report, funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida), estimates that getting the unconnected population online could add US$3.5 trillion to the global economy between 2023 and 2030, with most of the benefits impacting low- and middle-income countries (LMICs). However, closing this gap will require an estimated US$418bn in infrastructure investment to achieve universal mobile internet access.
Africa: Least connected region
Only 27% of the region’s population uses mobile internet, leaving a 13% coverage gap and a massive 60% usage gap, indicating that many live within mobile internet coverage areas but do not use the service.
A key obstacle is affordability. In low- and middle-income countries (LMICs), entry-level internet-enabled devices cost around 18% of average monthly income, but in Sub-Saharan Africa, this figure skyrockets to 99% for the poorest 20% of the population. This makes mobile internet devices out of reach for a significant portion of the population.
The usage gap is also fueled by low digital literacy and lack of relevant local content. The report estimates that closing the usage gap in Africa could contribute an estimated US$3.5 trillion to the global economy by 2030, with 90% of that impact benefiting LMICs. However, bridging this gap requires significant investment in infrastructure—around us$418bn is needed to achieve universal mobile internet access.
In addition, nearly two-thirds of mobile internet users in Sub-Saharan Africa still rely on 3G smartphones or feature phones, limiting their ability to fully engage with digital services. The region’s infrastructure must evolve to offer affordable 4G and 5G connectivity, alongside efforts to improve digital skills.
John Giusti, chief regulatory officer at the GSMA, said, “Despite continued progress in expanding the reach of network infrastructure and in increasing mobile internet adoption, significant digital divides remain."
“Although most users access mobile internet daily, their activities are often limited to just one or two activities, even though many express a desire to do more. This highlights persistent barriers to enabling meaningful connectivity, preventing users from getting online and getting the full benefits of the mobile internet."
Intelsat announced today that the anomaly reported on October 19 has resulted in the complete loss of its Intelsat 33e satellite, affecting customers across Europe, Africa, and parts of the Asia-Pacific region
Intelsat is coordinating with Boeing, the satellite’s manufacturer, and government agencies to analyse data and observations. A Failure Review Board has been convened to carry out a comprehensive investigation into the cause of the incident.
Since the anomaly, Intelsat has maintained active communication with affected customers and partners. Migration and service restoration plans are already underway using the Intelsat fleet and third-party satellites to minimise disruption.
Details of the anomaly and loss
The Intelsat 33e satellite experienced a critical anomaly on October 19, resulting in a power failure and the subsequent disruption of service. Despite efforts to resolve the issue, current assessments indicate that the satellite is not recoverable. The satellite, launched in August 2016 and operational since January 2017, was positioned at 60 degrees East.
Intelsat continues to evaluate its fleet capacity and is working with third-party providers to restore services for affected customers.
Huawei, a global leader in ICT infrastructure and smart devices, has announced its commitment to assisting Tower Companies (TowerCos) in Africa in diversifying their energy sources and adopting sustainable energy practices for powering telecom infrastructure
This initiative aims to help TowerCos reduce their carbon emissions, improve operational efficiency, and explore new business opportunities.
During his speech, "Lighting Up the Road to Multiple Business Future for TowerCos," delivered at the TowerXchange Meetup Africa 2024 in Nairobi, Li Shaolong, president of site power facility domain at Huawei Digital Power, noted that Africa is accelerating the development of ICT infrastructure. TowerCos, as key players in this process, are facing new challenges and opportunities.
“As mobile connectivity demand rises, TowerCos are under increasing pressure to ensure energy reliability and sustainability, especially in areas with limited grid access. Tower sites, often in remote locations, depend heavily on diesel generators, which are costly, environmentally harmful, and vulnerable to fuel supply issues. Huawei’s energy solutions address these challenges by incorporating renewable energy technologies like solar power and advanced energy storage systems,” Li explained.
He emphasised Huawei's long-term commitment to helping Africa's TowerCos transition to greener energy solutions, leveraging the integration of digital and power electronics technologies. Huawei Site Power Facility aims to provide TowerCos with comprehensive energy infrastructure and intelligent operations and maintenance (O&M) solutions.
A path to diversification
In addition to energy sustainability, Huawei is supporting TowerCos in their efforts to diversify by helping them explore new business models and revenue streams.
“This will drive TowerCos to become energy producers through innovative solutions and business models, leading to diversified business development, revenue growth, and sustained success in energy operations,” Li said.
He highlighted that with Huawei's eMIMO smart power solution, TowerCos can centrally manage multiple energy inputs—such as grid power, photovoltaics (PV), and energy storage—and multiple outputs ranging from 12V to 220V devices through a single platform.
“In this way, revenue-generating services like environmental protection and emergency response can be developed alongside communications services,” he said.
Li further stated that Huawei Site Power Facility Domain's main goals are to support network evolution, increase tenancy ratios, help TowerCos reduce energy costs while achieving green development, improve power availability, and reduce site O&M costs.
“Huawei will continue collaborating with TowerCos to innovate and advance energy infrastructure towards a 'green, simple, and intelligent' future, accelerating the growth of African carrier networks and contributing to a digital Africa,” Li added.
Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), is intensifying its efforts against cyber-crimes by enabling residents to report offenses around the clock
This will be facilitated through a 24-hour Cybercrime Rapid Response Desk, designed to receive and swiftly respond to information on cyber-crimes from the public. The desk will be accessible via both local and international phone numbers.
"Cyber-crime is not a crime against individuals and businesses. It is an assault on our collective integrity, economic stability, and the future of our youth," stated Nigeria's First Lady, Oluremi Tinubu. "It is therefore crucial that we address these challenges head-on and explore not only the harmful consequences of cyber-crimes but also the sustainable alternatives that can redirect our youths towards productive and positive endeavours."
With over 60% of Nigeria’s population being young people, Tinubu highlighted that youth involvement in cyber-crime poses a significant threat to the nation's economic stability. The perpetrators of these crimes, often referred to locally as 'Yahoo Boys,' are primarily tertiary graduates struggling to secure formal employment.
The Nigeria Communications Commission reports that cyber-criminal activities cost the country an estimated US$500mn annually. This initiative by the EFCC aims to curb cyber-crime, safeguarding Nigeria’s economic stability and promoting positive and sustainable paths for the youth.