Duos Technologies Group has received about US$50.4 million from the sale of substantially all assets of New APR Energy. Duos, a Nasdaq-listed provider of modular colocation edge and AI data centres and technology infrastructure, owns a 5% non-voting interest in Sawgrass APR Holdings, the ultimate parent company of New APR. The assets were sold to a third party on 26 May ...

Yondr Group has secured two new corporate financing facilities to support its hyperscale data centre expansion in Europe and North America. The facilities comprise a global letter of credit facility and a European holdco facility. Yondr said the financing is expected to give the company more flexibility to support campus growth, delivery timelines, market expansion, and add...

Meta Platforms (NASDAQ: META) has published a report on the economic impact of digital infrastructure and artificial intelligence across Sub-Saharan Africa, with research from consultancy Public First projecting the region’s digital economy could grow from US$130 billion today to US$300 billion by 2035. Released around Africa Day, the report examines the role of digital c...