Equinix faces DOJ summons over accounting controversy
According to Golding, there are entirely different scenarios. “Digital Realty has a different model, they sell capacity on triple net leases, if they have 30MW of power, they might sell…
CSquared CEO Lanre Kolade steps down, leaving legacy of digital infrastructure expansion in Africa
Lanre Kolade, the Group CEO of CSquared Link Holdings ("CSquared"), has announced his departure from the company, effective April 2024, to pursue new opportunities. Initially established as Google's Project Link,…
Actis goes towers with Swiftnet, sells off fiber company Octotel
Actis, a leading global investor in sustainable infrastructure, in partnership with Royal Bafokeng Holdings, will acquire Telkom’s Swiftnet, a leading telecom tower portfolio in South Africa. With an enterprise value…
Obituary: African banking visionary and infrastructure investor, Herbert Wigwe dies at 57
Herbert Onyewumbu Wigwe, the iconic Group Managing Director (GMD) of Access Holdings Plc, tragically passed away on February 9, 2024, leaving behind a profound legacy that transcended the financial sector.…
CSquared empowers Liberia’s Connectivity with the first open-access backbone
CSquared has successfully launched its open-access backbone network in Liberia, marking a significant milestone in partnership with USAID Liberia. The 350-kilometer fiber backbone network extends from Monrovia to the borders…
Billionaire Mukesh Ambani ventures into data center industry through Digital Connexion JV
In partnership with digital infrastructure company, Digital Realty Trust and Brookfield Asset Management, Reliance Industries has made inroads into the Indian data center industry with an investment of $122 million,…
Lars Johannisson named CEO of Rack Centre
West African data center operator, Rack Centre, has appointed Lars Johannisson as its new Chief Executive Officer. Johannisson replaces Dr. Ayotunde Coker, who moved to lead the Open Access Data…
IFC invests $30m for digital infrastructure in 6 African countries
IFC, a member of the World Bank Group, has invested $30 million in equity in the African Infrastructure Investment Fund 4 Partnership (AIIF4) to support infrastructure projects, including digital real…
WorldBank approves $266.5m for internet access, digital transformation for West Africa
The World Bank has given the nod to a groundbreaking $266.5 million initiative, funded through IDA financing, designed to revolutionize internet access across The Gambia, Guinea, Guinea Bissau, and Mauritania.…
Starlink has launched its awaited direct-to-cell satellite service
Starlink launched its highly anticipated direct-to-smartphone satellite service, yesterday, January 2, 2024. The parent company, SpaceX announced the launch of the satellites via a post on its X handle today. …