The Empower Africa Business Platform is Now Live !!!
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.

The African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.

Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.

Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.