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.

P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.

TLcom Capital, a leading African venture capital firm, announced the final close of its second fund, TIDE Africa Fund II, at $154 million.

Koa, a Swiss-Ghanaian cocoa upcycling startup, has secured a landmark US$15 million investment in its Series B funding round to transform the cocoa industry with its innovative approach to sustainability and farmer empowerment.