The entry of Mafab, a new entrant in the telecommunications sector sparked more attention in the just concluded 5G auction.
Mafab, one of the technology subsidiaries of Althani Group owned by Alhaji Musibau Mohammed Bashiru, was licensed in July 2020 and has an international data access license from the Nigerian Communication Commission.
Althani Investment is a private equity firm of the Althani Group that provides financial backing and makes investments in the private equity of start-ups or operating companies through a variety of affiliated investment strategies including leveraged buyout, venture capital, and growth capital.
Mafab Communications Limited was incorporated to transact the business of Information Technology Services and Telecommunications. It is licensed to provide and operate International Data Access Gateway Services.
The tech company provides a platform for worldwide Interconnectivity which extends its footprints into IT services, internet services products, internet cafes, hardware and software and software procurements, database development and management systems analysts, computer programmers and computer operators, carry on the business of installation, maintenance, repairs and service of computers and electronic products, among others.
Based on major investment, Bashir holds a Board seat in Jaiz Bank Plc. He is also a Director in Bento Drill Nigeria Limited, Offshore Technologies International Limited and Resource Capital Group.
Althani Group’s business interests are in several diversified subsidiaries in technology, real estate, aviation, oil and gas that has seen the group spin-off Pelican Air Services Limited, Cryogenic Industries Limited, Clearview Apartments, Data Analytical Platforms Limited, Eman Homes & Estate and Althani Investment Limited and Takaful Insurance.
Others include Mafab Communications Limited, Malband Communications Limited, Holborn Oil & Gas International, Althani Oil and Gas Limited, and Althani Shelters Limited.
