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.
AXIAN Telecom, a prominent player in Africa’s telecommunications and digital services landscape, has finalized the successful pricing of its $600 million Senior Notes, set to mature in 2030.
Intelsat has partnered with the Whitaker Peace & Development Initiative (WPDI), a nonprofit founded by actor and humanitarian Forest Whitaker, to deliver high-speed satellite internet to education centers in conflict-affected regions of East Africa.
Complete Farmer, a pioneering agritech company based in Ghana, has secured an investment of approximately €2.2 million (equivalent to $2.5 million) from the European Union-backed AgriFI initiative.
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