IBM launches $500m AI venture fund
IBM is leaping into AI with its IBM Enterprise AI Venture Fund, of an impressive US$500 million. This venture fund is specifically designed to invest in a diverse array of…
Paratus Group secures US$31m loan for digital infrastructure in Africa
Paratus Group, a leading provider of fiber and satellite connectivity, has recently secured a US$31 million debt facility from the Private Infrastructure Development Group. This strategic investment is earmarked for…
Togo gets connectivity boost with Equaino cable
Pioneer Consulting has successfully completed the deployment of the Togolese branch of Google's Equiano subsea cable on behalf of CSquared Woezon, a joint venture established by CSquared and Togolese state-owned…
NAPAfrica crosses 3.95 TBPS traffic, hosts 625 ASNs
NAPAfrica, Africa’s leading internet exchange point, has crossed a peak traffic of 3.95 TBPS, almost doubling its traffic from 2.1 TBPS in 2 years. This recent accomplishment underscores NAPAfrica's ongoing…
4 year old Starlink to become a $10 billion business in 2024
SpaceX's Starlink satellite connectivity company has reportedly broken even and is expected to reach $10 billion revenue in 2024. In a post on X (formerly Twitter), SpaceX CEO, Elon Musk…
Equinix expands Data Center footprint in Cote d’Ivoire
Leading provider of connectivity and data center solutions in West Africa, MainOne (an Equinix Company), has announced the expansion of its open-access, carrier-neutral Data Center, AB1.2, in the country's ICT…
Layer3 and IXPN partner to peer Northern internet traffic
Layer3, a provider of cloud and network technology solutions, has announced its partnership with the Internet Exchange Point of Nigeria (IXPN) to improve network performance in Abuja and Kano, ultimately…
North Korea boosts 3G telecoms network with Huawei castoffs
According to a report by Daily NK, North Korea has initiated the import of second-hand Huawei equipment in a bid to upgrade its existing mobile networks. The upgrade focuses on…
Equinix appoints Sandile Dube as managing director for South Africa
Equinix has appointed Sandile Dube as its new managing director in South Africa. In his role, Dube will be spearheading the establishment of Equinix's JN1 International Business Exchange (IBX) data…
Biden approves Executive Order to regulate Artificial Intelligence
President Joe Biden recently signed an Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence aimed at regulating artificial intelligence (AI) by establishing standards for…