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A new generation of data centers are being built in Africa’s smaller economies, fueling a $5 billionmarket opportunity on the world’s fastest growing continent. ....
New data centers are supercharging cloud computing in smaller African countries yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
BY PAUL TENTENA The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a $33 million sustainability-linked debt facility to Raxio Group, a leading pan-African data centre developer and operator. The funding enables the design, construction, operation, and management of a series of high-impact data centres in seven countries across sub-Saharan Africa. EAIF is acting as co-arranger […] ....
Raxio Group gets $33m in African data market investment it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
EAIF set to acquire Ksh. 5.4 billion Liquid Telcom bond issue Shares The New Note Offering aims to raise Ksh. 65.9 billion (USD 600 million), which will be used to refinance existing debt for corporate purposes. The issuer will be Liquid Telecommunications Financing, a wholly-owned subsidiary of Liquid Telecommunications Holdings. EAIF, acting through its agent, Ninety One SA, along with The International Finance Corporation (IFC) and DEG-Deutsche (DEG), will purchase up to an aggregate Ksh. 19.5 billion (USD 178 million) in the New Note Offering. Liquid Telecommunications has built a large independent fibre network of over 73,000km in Africa. The company serves telco and digital industry customers and commercial, public sector and domestic users with a broad range of connectivity. The company also serves hosting and cloud based products, including Microsoft 365 and Microsoft Azure. ....