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...
Mozambique
Huawei lines up for Africa data center expansion
With Africa’s data centre decade in full swing, Chinese multinational Huawei said it will step up its data centre investments across the continent. The deployments are set to be done through partnerships with several countries similar to the company’s latest project in Senegal. According ...
December 20
US data centre REIT Digital Realty’s $500m Africa gamble lands Nigeria acquisition and fuels wider expansion
Colocation operator Digital Realty (NYSE: DLR) has further penetrated into the African continent becoming the US’ first pure real estate investment trust (REIT) to be present on three countries beating rivals including Equinix (NASDAQ: EQIX), CyrusOne (NYSE: CONE), and CoreSite Realty (NYSE: COR). The move has been carried out through the acquisition of Nigeria's colocati...
October 25
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
Raxio teams up with Africa Century Real Estate to launch new data centre region
Africa data centre operators are rushing to fill in the gap in digital infrastructure provisioning and take away as much as possible of the projected US$5 billion revenue pie for the continent by 2026. Private equity-funded operator Raxio Group is one of those businesses that is currently expanding or planning to do so in 12 markets across the continent. Its latest announce...
July 14
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