Private equity group Helios Investment Partners has entered into agreements to make two investments in Africa as capital inflow accelerates on the continent where cloud services usage continues to grow. The firm will acquire majority stakes in Maroc Datacenter (MDC), a carrier-neutral data centre in Morocco and in IXAfrica Data Centre Limited, a developer and operator of hy...

InfraCo Africa, the African development arm of the Private Infrastructure Development Group (PIDG), has announced a US$43 million anchor investment into Climate, Energy Access and Resilience (CLEAR), a climate-focused fund advised by Helios Investment Partners (Helios). The design of the CLEAR Fund was refined and realised by PIDG and InfraCo Africa through the Foreign, Com...

AFR-IX Telecom said it is closer to getting approval from the Portuguese State to moor its new subsea cable Medusa Submarine Cable System in Sines and the Greater Lisbon region. The cable is designed to be 8,700Km long and will land at the multi-billion Dollar hyperscale data centre campus Start Campus in Sines with a second location in Carcavelos in the outskirts of the Po...