Datacenter developer Raxio Group announced the construction of ten to twelve data centers across Africa, including Mozambique and DR Congo.
The company wants to meet the growing demand for data storage and hosting in East and Central Africa. Raxio Group, created in 2018 by US investor Roha Group, is accelerating its investments on the continent to also take advantage of the digital transformation taking place there. The company's first two investments in Africa are being made in Uganda and Ethiopia.
In Uganda, Raxio Group is finalizing the construction of a neutral level 3 data center. The company reports that the infrastructure (located 15 km from Kampala in the Namanve Industrial and Commercial Park) can accommodate up to 400 racks, providing 1.5 MW of computing power. It should officially open its doors in the second half of 2020.
In Ethiopia, a level 3 data center is also under construction. Located in the Addis Ababa Technology Park and designed to house up to 400 racks and provide 1.5 MW of computing power, the facility is expected to be commissioned in the third quarter of 2021.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Heat waves are intensifying pressure on crops, livestock, and rural economies Around 1.23 billion people dependent on agriculture are already...
Arrow Minerals opts for negotiation with Guinea after permit revocations halted its Niagara and Simandou Nord projects. Other firms have launched...
New SME Growth Fund aims to improve access to long-term capital Initial $30 million could scale up to $100 million over time SMEs remain...
CFA zone subsidiaries generate 80% of UBA’s net profit in 2025 Earnings from francophone units have increased more than eightfold since 2020 Côte...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...