Airtel Africa soars back with $74 Million PBT for Q2 2024
Airtel Africa has announced a significant financial turnaround for the quarter ending June 30, 2024, achieving a profit before tax of $74 million. This marks a 134% improvement compared to…
Meta’s Llama 3.1 405B excites digital infrastructure experts as a game changer
Bill Kleyman, CEO of Apolo, has lauded the newly released Llama 3.1 405 billion parameter model as a groundbreaking development in artificial intelligence. Apolo's team of expert data scientists has…
Africa Data Centres adds 6MW to Cape Town facility
Africa Data Centres, a subsidiary of Cassava Technologies, has announced a significant expansion of its CPT1 data center in Cape Town, adding 1,000 racks of white space and 6MW of…
Vertiv launches MegaMod CoolChip to accelerate global AI compute deployment
In response to surging demand for AI-ready data center capacity worldwide, Vertiv has unveiled its latest innovation, the Vertiv™️ MegaMod™️ CoolChip. This prefabricated modular (PFM) data center solution integrates cutting-edge…
Enhancing connectivity resilience: LCCI convenes industry leaders following subsea cable cuts
In a focused discussion centered on enhancing resilience against recent subsea cable cuts in West Africa, key stakeholders from the telecommunications sector highlighted critical insights and strategies for mitigating future…
Alphabet’s quarterly capex hits $13bn, Google Cloud revenues jump to $10.32bn
In Q2 2024, Google Cloud achieved a revenue milestone of $10.35 billion, surpassing analyst expectations by 1.47%. This marks a significant increase of over $2 billion, or 29% year-on-year (YoY).…
Africa’s digital future: an urgent call to action
Hyperscalers Convergence Africa, hosted by Africa Hyperscalers, will unite Africa’s digital leaders and influencers. Together, we will engage in a collaborative dialogue aimed at overcoming the infrastructural barriers hindering the realization of a connected digital economy.
Increased power consumption worries US Energy Committee, Commission
Politicians in the US have tasked the US energy watchdog, the Federal Energy Regulatory Commission (FERC), to explain how it plans to deal with the growing electricity demand from AI…
MTN Launches Africa’s first digital self-service store in Lagos
MTN has unveiled Sub-Saharan Africa's inaugural digital self-service store at its Nigerian head office, MTN Plaza, Falomo, Ikoyi, Lagos. This pioneering initiative marks a significant stride in digital innovation and…
Avanti extends satellite connectivity to financial services
Avanti Communications, a global provider of satellite connectivity services, has successfully conducted satellite connectivity tests with BankservAfrica and Capitec Bank, financial institutions in South Africa. These tests carried out on…
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