Telecom

RedFox Web Solution, ScutiX, and Wingu plan investments in data centers in Ethiopia

RedFox Web Solution, ScutiX, and Wingu plan investments in data centers in Ethiopia
Thursday, 26 November 2020 12:40

The upcoming opening of Ethiopia’s telecom market to competition is a sign of an increase in business demand for new technology needs. To take advantage of this market opportunity, RedFox Web Solution, ScutiX, and Wingu have followed in the footsteps of Raxio Data Plc and signed a memorandum of understanding with the Ethiopian Investment Commission (EIC) to implement their data centers in the Ethio ICT Park, located in Addis Ababa.

Wingu.africa is allocated a 15,000 m2 area for its IT infrastructure. RedFox and Scutix acquired 4,000 m2 and 6,386 m2 respectively. Once operational, the data centers will provide storage, infrastructure solutions for cloud computing, webspace, and domain hosting, virtual private centers, and colocation services. Also, they will offer customized applications to sectors such as telecom, banking, and insurance.

According to Mekonnen Hailu, Public Relations Director at EIC, the construction of these facilities aligns with the country’s ambition to promote the digital economy. Works will begin as soon as the investors complete design and other pre-construction procedures and obtained a building permit as well as the final design approval from the Industrial Parks Development Corporation.

On the same topic
Despite its leading role in advancing financial inclusion on a continent where banking penetration remains low, mobile money still faces major structural...
Regulator requires operators to compensate subscribers for service failures Compensation to be issued as airtime credits based on usage Move follows...
New AI-powered app aims to improve citizen engagement and access to services Platform allows users to interact, ask questions, and give...
MTN Uganda teams up with Infobip to offer omnichannel communication tools Platform enables businesses to manage customer interactions across...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
04

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
05

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.