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.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Isabelle Deschamps, who joined Rio Tinto in 2021, played a key role in the legal restructuring that accelerated development of the Simandou project. The...
DRC orders miners to transfer 5% capital to employees Requirement stems from 2018 Mining Code revision Government extending 5% employee stake rule to...
Beltone acquires Baobab Group for €197.6 million Deal expands footprint into seven sub-Saharan countries Baobab serves 1.6 million...
Nigeria’s BoI launches CBN-approved Islamic finance window Bank to offer Ijara leasing and Mudaraba contracts Move targets underserved businesses,...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...