Exclusive – AIIM injects US$90 million into Pan-African data centre platform
Equity manager African Infrastructure Investment Managers (AIIM) has entered a joint venture with N+ONE DATACENTERS, a data centre owner and developer in Africa to create a Pan-African data centre and cloud services platform with an initial target capacity of 40 MW. AIIM, which has more than USD...
August 21
Africa50 tops $6.6bn in critical infrastructure investments
African investment platform Africa50 has reached the milestone of US$6.6 billion in investments over the course of six years. Founded in 2017, the group was established by African governments and the African Development Bank to mobilise financing for mega infrastructure projects with significant development impact including digital infrastructure. The platform has recent...
July 26
Laser Light, WIOCC strike $129 million master services agreement for Africa
Laser Light Companies and WIOCC have signed a five-year US$129 million master services agreement to bulk up Africa’s digital infrastructure backbones. As part of the terms, Laser Light will contract with WIOCC for capacity on terrestrial and subsea cables in and around Africa and support services. In turn, WIOCC will use Laser Light for its global connectivity needs be...
July 17
IFC names new West Africa boss
IFC has appointed Olivier Buyoya as its new Regional Director for West Africa. In his new role, Buyoya, who will cover 13 countries in the region, will lead IFC's strategy and operations to spur private sector development and opportunity. Buyoya will work closely with the World Bank, development partners, and public and private sector partners to lead efforts to grow IFC's ...
November 06
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