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.
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
EBRD, EU, GCF, and Canada plan €65 mln ($77 mln) green loan for Crédit du Maroc. Funds to support clean energy, water treatment, and sustainable...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...