IFC expands data center infrastructure investment in Africa with $100 Million to Raxio Group

Raxio Group, a key player in Sub-Saharan Africa’s digital infrastructure ecosystem, has secured $100 million in financing from the International Finance Corporation (IFC), the private sector arm of the World…

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Alibaba Group to invest more in cloud and AI infrastructure in next three years than past decade

Alibaba Group has announced it will significantly increase its investment in cloud and AI infrastructure over the next three years, surpassing the total amount spent in the past decade.   During…

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Microsoft scales back data center expansion, international spending, with implications for Africa

Microsoft has recently pulled back from significant data center expansions, with a notable reduction in its international spending. According to a report from TD Cowen Insight, Microsoft has canceled several…

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