Bharti Airtel eyes majority stake in India’s largest tower company
Telecom operator Bharti Airtel has increased its stake in Indus Towers by 1%, in large block deals as Vodafone PLC offloaded 19% equity in the company. Vodafone, a UK-based mobile…
Subsea cable repair company secures $300 million for cable ship fleet expansion
Subsea cable installation and repair company, OMS Group, has secured nearly $300 million in financing through a syndicated facilities agreement to expand its fleet of cable ships. This significant funding,…
Nigeria’s Tier III data center footprint to increase to 9, with new facility in Benue
Following the announcement by the Benue Digital Infrastructure Company PLC (BDIC) that it will be establishing a Tier III data center in Benue State, Nigeria's Tier III data center footprint…
Vertiv partners with Ballard Power to provide hydrogen-powered backup for data centers
Global provider of critical digital infrastructure and continuity solutions, Vertiv, has announced its partnership with PEM fuel cell market leader Ballard Power Systems, focused on backup power applications for data…
WIOCC receives funding from WorldBank, Proparco to expand its data center Footprint in Africa
The West Indian Ocean Cable Company (WIOCC) Group, has received funding from two development finance institutions: the International Finance Corporation (IFC) and Proparco, owned by the French Development Agency. According…
Africa Data Centres secures $109m for 20MW capacity in South Africa
Cassava Technologies has secured a bespoke financing solution from South African banking group RMB, enabling the expansion of its data center capacity to meet the growing demand for cloud computing…
G7 backs reform of international financial architecture, pledges support for Africa.
The G7 summit, comprising Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, has committed to reforming the international financial system and pledged increased support for Africa’s…
Airtel activates 2Africa cable connecting South Africa and Kenya
Airtel Africa has activated the first phase of the 2Africa submarine cable connecting Kenya, Tanzania, and South Africa. The 180 TBPS 2Africa cable, boasting a length of 45,000km, previously landed…
Digital Parks Africa to expand campus outside Johannesburg, South Africa
Digital Parks Africa (DPA) is expanding its Samrand data center campus located outside Johannesburg, South Africa, with reports indicating a growth of its Centurion facility by 4.5MW, adding 810 sqm…
Google Cloud partners Oracle for cloud transformation
Cloud heavyweights, Google Cloud and Oracle have decided to sheathe swords and collaborate to enable seamless migration and operation of mission-critical enterprise workloads across both Google Cloud and Oracle Cloud…
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