The Empower Africa Business Platform is Now Live !!!
The facility, named NBOX1, is designed to bolster the country’s digital infrastructure by providing reliable and sustainable cloud services.
Powered by Schneider Electric’s energy management solutions, NBOX1 is a Tier 3+ carrier-neutral data center equipped to support advanced AI applications.
It is positioned as East Africa’s largest and most technologically advanced digital hub for cloud, colocation, and connectivity services.
Kenya’s favorable business environment, including a growing economy, advanced cloud adoption, and abundant renewable energy resources, made it an ideal location for this significant investment.
IXAfrica has been expanding its footprint in the country, with multiple data center projects underway.
The broader African data center market is experiencing rapid growth, with Kenya emerging as a key player.
This development underscores the increasing demand for robust digital infrastructure to support economic and technological advancement across the continent.

Visa has announced the 19 African startups selected to participate in the third cohort of its Visa Africa Fintech Accelerator program.

Fintech startup, Sycamore, has emerged as the grand winner of the second edition of the Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation, securing a $100,000 prize.

The Green Climate Fund (GCF) has approved a $50 million equity allocation to REPP 2, a new debt fund that will provide an opportunity to invest in the rapidly growing renewable energy sector in sub-Saharan Africa.