Why Africa needs local cloud providers.
By Biodun Oni What an awful time to start a company. The economy is depressed, many sectors are struggling, inflation in Nigeria is at a 28-year record high of 33.88%…
Cassava Technologies raises $310m to reinforce position as leading tech company of African heritage
Cassava Technologies, a pan-African technology leader, has announced the successful raise of $310 million in capital, to solidify its position as a global technology company of African heritage. The financing…
ExxonMobil plots natural gas power plant to exclusively power data centers.
ExxonMobil, the US-based multinational oil and gas giant, has unveiled plans to build a new 1.5GW natural gas-fired power plant to supply energy specifically for data centers. The project, currently…
African data center operators shine at Data Center Dynamics Awards
African data center operators and executives were celebrated at the 2024 Data Center Dynamics (DCD) Awards, held yesterday at the Grosvenor House London. The event showcased the best projects, people,…
Africa50 takes 42.9% stake in Egypt’s Raya Data Center with $15 million investment
Africa50, the pan-African infrastructure investor and asset manager, has announced a $15 million equity investment in Raya Data Center (RDC), a subsidiary of Egypt's Raya Holding for Financial Investment. The…
Meta’s largest data center to drive AI innovation with 2GW power capacity.
Meta will be building a new data center in Richland Parish, Louisiana, as part of a $10 billion investment in the region. The development will be the company’s largest data…
OpenAI does about-face, mulls change to AGI provision for big tech dominance.
OpenAI is reportedly considering removing a clause in its agreement with Microsoft that would limit the tech giant's control over the company if it achieves artificial general intelligence (AGI). When…
ATCON celebrates 31 years of advocacy excellence, to honor 100 industry leaders today.
The Association of Telecommunications Companies of Nigeria (ATCON) will host its 31st Anniversary Celebration Dinner today in Lagos. This prestigious event will honor the pioneers and trailblazers who have contributed…
Ethio Telecom, Djibouti Telecom, and Sudatel launch landmark fiber optic network.
Ethio Telecom, Djibouti Telecom, and Sudatel Telecom Group have partnered to launch the Horizon Fiber Initiative, a project designed to establish a high-capacity terrestrial fiber optic network that will connect…
Kabelo Makwane appointed MD for Google South Africa.
Google has announced Kabelo Makwane as its new Country Director for South Africa. He will join the company in the new year from Vodacom Business, where he currently serves as…
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