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...
Dem. Republic of Congo
Paratus Group opens up DRC digital infrastructure arm
Paratus Group has expanded into the Democratic Republic of Congo (DRC). The move coincides with the news that Paratus has won, together with DRC-based Global Broadband Solution (GBS), the government tender to activate a 620-kilometer fibre optic network link between Muanda, on the West Coast, to...
March 24
French Development Agency to finance DR Congo’s digital infrastructure development
The French Development Agency (Agence Française de Développement; AFD) has allocated €600,000 for the development of a national plan for the deployment of digital infrastructures in the Democratic Republic of Congo (DR Congo). A draft agreement was signed on the sidelines of the European Union-African Union Summit held in Brussels, Belgium, by DR Congo’s Minister of F...
February 23
How the EU plans to gain ground in Africa’s digital infrastructure board and wrestle China’s $1tr Belt and Road Initiative
The European Union’s (EU) chief Ursula von der Leyen has announced a flagship investment package of €150 billion (~US$170 billion) which will be directed towards helping Africa build its infrastructure and services, from digital assets to hospitals, schools, transportation, energy generation and more. The scheme is the first regional plan of the EU's Global Gateway, an ...
February 21
Raxio Group signs key partner for pan-Africa data centre expansion
Private equity-funded operator Raxio Group has selected Master Power Technologies to support the company’s data centre expansion projects across several African countries. Raxio, owned by the Roha Group, has currently plans to build up to 12 centres in Africa by 2024. The company last expansion was announced in July in partnership with investment firm Africa Century Re...
August 25
More On Dem. Republic of Congo
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