The project aims to establish one of the largest data centres in the region, equipped with state-of-the-art facilities and cutting-edge technology.
The collaboration promises to unlock vast possibilities for Egypt’s booming digital economy and strengthen the nation’s position as a regional technology hub. With data consumption skyrocketing, this expansive data centre will cater to the escalating needs of businesses, organizations, and individuals, offering secure and reliable data storage and processing capabilities.
The centre will have a capacity of 25 megawatts (MW) that is expected to double to 50 MW as expansion plans are implemented. The project aims to meet the region’s underserved data markets.
EdgeNext, a global edge computing and cloud services provider, has partnered with iXAfrica Data Centres, Kenya’s leading hyperscale and AI-ready data center, to boost digital infrastructure in East Africa.
Miro, a forestry and plywood manufacturing enterprise with operations in Sierra Leone and Ghana, has closed a significant funding round spearheaded by Lagata, an investment firm dedicated to forestry ventures across sub-Saharan Africa.
Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has announced a $1 million debt investment in Persea Oil, an avocado oil producer with operations in Kenya and Tanzania.
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