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.
Biola Alabi is an investor, business executive, and ecosystem builder who plays a key role in driving innovation and entrepreneurship in Africa.
Nigerian safety footwear manufacturer Yikodeen has secured a $1.5 million investment from Aruwa Capital Management to enhance its production capabilities and broaden its market reach.
Kera Health Platforms, a Senegal-based health technology startup, has secured a $10 million equity investment from the International Finance Corporation (IFC), a member of the World Bank Group.
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