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.
The African Development Bank Group (AfDB) has approved a Zambian Kwacha-backed Risk Sharing Credit Guarantee worth $32 million to help finance Zambeef Products Plc’s $100 million expansion plan in Zambia.
The Janngo Capital Startup Fund (JCSF), a venture capital fund focused on Africa, has secured €4 million (US$4.3 million) in equity investments from ANAVA, Tunisia’s first euro-denominated fund of funds.
ClusterLab, a Tunisian-born artificial intelligence (AI) startup headquartered in the United Arab Emirates (UAE), has secured $600,000 in a pre-seed funding round.
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