Nokia looks to data centers for growth as Q3 sales decline
Nokia is betting big on data centers to fuel future growth, even as its Q3 2024 sales took a hit. The company saw an eight percent drop in net sales…
Amazon backs nuclear power for data centers
Amazon has joined its peers—Microsoft, Google, and Oracle—in the bold move toward using modular nuclear reactors to power its data centers with carbon-free energy. This shift aims to reduce reliance…
Vertiv’s data center solution increases Kenya’s vehicle license processing speed by 8x
In partnership with Encapsulated East Africa Limited and the National Transport and Safety Authority (NTSA) of Kenya, Vertiv, a global provider of critical digital infrastructure and continuity solutions, launched a…
IFC investment expert urges Data Center investors to consider EBITDA and IRR for long -term success
Obinna Isiadinso, Global Sector Lead for Data Center and Cloud Investments at the International Finance Corporation (IFC), has emphasized the importance of a balanced approach to evaluating data center investments.…
Vertiv launches high-density lithium battery cabinets for rapid HPC data center deployment
Vertiv has introduced the Vertiv™ EnergyCore battery cabinets, designed for high-density computing environments. These Lithium-Iron-Phosphate (LFP) battery cabinets are factory-assembled, compatible with Vertiv’s three-phase UPS systems, and offer a compact…
AI, data centers require 3x nuclear energy – DOE
The US Department of Energy (DOE) recently released a report outlining an urgent need for nuclear energy capacity to triple by 2050 to meet the surging demand driven by AI…
Huawei announces launch of local data center in Nigeria at Fintech Week
Huawei announced its plans to launch its first data center in Nigeria. During his keynote address at Nigeria Fintech Week, David Olaiya, Head of Cloud Business for Huawei Nigeria, announced…
New rules to ramp up Nvidia sales to China
Nvidia could regain a key market in China after U.S. regulatory changes expanded the Validated End-User (VEU) program. This update allows approved Chinese data centers to purchase advanced GPUs from…
Data centers are the hottest asset class, with growing transaction sizes of up to 300 MW
The recent Hyperscalers Convergence Africa conference highlighted the growing global interest in data centers as a key asset class, with transaction sizes increasingly reaching up to 300 MW. The recent…
Ghana’s digital infrastructure companies groan under fuel, power costs
The rising cost of doing business in Ghana has emerged as a pressing concern, particularly for companies that rely heavily on stable electricity and fuel. Data centers and digital infrastructure…