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
Madagascar begins drafting national cybersecurity strategy amid rising digital use Strategy to address cyber threats, child protection, and digital...
Government authorizes Starlink to launch satellite internet services Authorities see gains for rural connectivity, public services, and...
President Salva Kiir grants full authority to e-services council All public institutions expected to adopt digital systems by January 2025 Country...
Government partners with Yas to deploy campus Wi-Fi hotspots Rollout starts in Antananarivo and Tuléar before expanding nationwide Project aligns with...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
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.