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.

ThriveAgric has raised approximately $3.93 million through its first commercial paper issuance to finance commodity purchases and agricultural trading in Nigeria.

CardinalStone Capital Advisers has raised $76 million at the first close of CCA Growth Fund II, securing capital to invest in small and medium-sized businesses across West Africa.

South African SME investment and business development firm Edge Growth has launched a catalytic debt fund for established, technology-enabled scale-ups after securing approximately $21.9 million at first close.