Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
Frontier Markets
G7 agree on $600bn infrastructure bill to rival China’s BRI
The Group of Seven (G7) leaders have agreed to raise as much as US$600 billion to help finance infrastructure projects in developing markets as a counter measure towards China’s multitrillion-Dollar Belt and Road project announced in 2013. The G7 said the capital is set to be raised via privat...
June 27
Indonesia, South Korea to build $100m Batam data centre
The governments of Indonesia and South Korea have entered into a cooperative agreement to develop a US$100 million data centre in Batam, in the Riau Islands. Set to be entirely financed by Seoul, the National Data Center development in Nongsa will sit on a five hectares piece of land and answer to the demand for faster data transfers. The “digital and interconnected da...
June 27
Nasdaq-listed crypto miner acquires Kyrgyzstan data centre
Chinese internet business The9 Limited (Nasdaq: NCTY) said that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise SolarCoin LLC have signed a Purchase Agreement regarding a block chain computing centre in Kyrgyzstan. Pursuant to the deal, The9 will obtain 31.5MW electricity capacity for the deployment of its 7,500 Antminer S19J Bitcoin mining machines con...
May 12
Equiano subsea cable lands in Nigeria
Google and cable landing partner WIOCC have announced the landing in Lagos, Nigeria, of the Equiano subsea cable. The cable will start in Portugal in western Europe, run more than 12,000km along the West Coast of Africa and initially land in Lomé, Togo; Lagos, Nigeria; Swakopmund, Namibia; Rupert’s Bay, Saint Helena and Melkbosstrand, South Africa; establishing a valuabl...
April 25
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