Key Developments
Khazna Data Centers and Benya Group team up to build a $250 million state-of-the-art data centre in Egypt
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.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
South Africa’s Ezeebit Raises $2.5m Seed Funding to Expand Crypto Payments for African Merchants
Ezeebit, a South Africa–based fintech building payment infrastructure for stablecoins and cryptocurrencies, has raised $2.5 million in seed funding to scale its operations across key African markets.
South Africa’s Business Partners Launches $4 Million Fund to Back Women-Owned SMEs
South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.
Sahel Capital Approves Fresh Funding for Benin’s MM LEKKER to Strengthen Market Access for Farmers
Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.