The Empower Africa Business Platform is Now Live !!!
A landmark digital transformation initiative for Kenya has been announced, with Microsoft and UAE-based artificial intelligence (AI) leader G42 pledging an initial investment of $1 billion.
The project, spearheaded by Kenya’s Ministry of Information, Communications, and the Digital Economy, aims to significantly enhance the country’s digital infrastructure and empower its citizens.
The agreement signifies a major step forward in Kenya’s digital journey.
G42 will take the lead in securing the initial investment and collaborating with local partners to establish a state-of-the-art data center complex.
This eco-friendly facility will utilize geothermal energy and water conservation technologies, ensuring sustainable operations.
A key highlight of the initiative is the establishment of a new East Africa Cloud Region for Microsoft Azure.
This cloud platform, operational within 24 months of the final agreements, will be hosted within the new data center and provide enhanced access to Microsoft’s cloud services across the region.
Beyond infrastructure, the partnership focuses on fostering innovation and digital skills development. Initiatives include:
The project further emphasizes expanding internet connectivity within Kenya and collaborating with the government to ensure secure and reliable cloud services across East Africa.
This comprehensive digital transformation initiative positions Kenya at the forefront of technological advancement in Africa, fostering innovation, economic growth, and improved access to technology for its citizens.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

The International Finance Corporation (IFC) has extended a local-currency loan of ZAR 170 million (roughly US$10 million) to South African digital lender Lula Lend (Pty) Ltd, in a move designed to bolster working-capital access for the country’s micro, small and medium-sized enterprises (MSMEs).

Adaverse Accelerator, a prominent venture capital firm with a focus on fostering innovation across Africa, has Melanin Kapital with pre-seed funding.

Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.