Wiocc Group CEO Chris Wood Pan-African digital infrastructure provider Wiocc Group has secured an additional US$65-million (R1.1-billion) in debt financing to support the continued expansion of its connectivity and data centre footprint across Africa. The new funding was arranged through a sustainability-linked debt facility involving the International Finance Corporation (IFC), Proparco and the Emerging Africa…
Cairo, Egypt — African Export-Import Bank (Afreximbank), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters. Situated in the Diplomatic District of the New Capital, approximately 45…
The latest analytical report released by McKinsey & Company has showed that the African continent’s data centre market could unlock between $20 billion and $30 billion in annual revenue by 2030, driven by the rapid rise of Artificial Intelligence (AI), Cloud adoption, and Data-intensive consumer services. The report however said capturing the $30 billion opportunity…
On a road in Kenya’s Makueni County, a woman loads sacks of pigeon pea onto a motorbike. Her landscape is rehabilitated, soils restored, seeds climate-resilient, markets ready, and a weather alert on her phone shows when it will rain. Each element exists because financing, science, extension servicesand markets worked together. It shows what COP30 can…
Hailed by Brazil as “a crucial moment to demonstrate the strength of the health sector in global climate action,” a blueprint for global health systems to adapt to rising temperatures and extreme weather has been launched at the COP30 UN climate conference. As climate negotiations continue in the Amazonian city of Belém, Brazil, governments, UN…
Discord is significantly upgrading its Family Centre, granting parents and guardians more substantial safety tools and visibility into their teens’ activity. These new controls are designed to address concerns around sensitive content, data privacy, and unwanted contact, while still respecting the teens’ communication privacy. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Supersonic plane takes…
Panel discussion with Digital Parks Africa and Oni-Tel during the Oni-Tel fibre network launch event Oni-Tel Fibre Networks, a fibre-optic cable infrastructure provider in South Africa, has launched an inter-data centre fibre network with Digital Parks Africa (DPA) serving as the inaugural point of presence. This high-speed fibre backbone connects all major data centres across…
The author, Paul Colmer Everyone’s talking about artificial intelligence. And I mean everyone. The hype reminds me of the fanfare around 5G’s launch – all promise, waiting to see delivery. We built and enabled those towers everywhere, and now? Well, let’s just say the revolution was somewhat overstated. Which brings us to the current question:…
Up to 30% of SA’s GBS workforce is concentrated in Durban, says BPESA. Considered somewhat of a late entrant into the global business services (GBS) space, coastal city Durban is now entrenching itself as a leading GBS hub. This, as 25% to 30% of SA’s GBS workforce is concentrated in the KwaZulu-Natal (KZN) capital city,…
Energy minister Kgosientsho Ramokgopa South Africa’s new R2.2-trillion energy plan is going to see a dramatic increase in renewable energy, with the private sector expected to contribute two-thirds of the investment. Energy minister Kgosientsho Ramokgopa, who released details of the 2025 Integrated Resource Plan (IRP), which maps out the country’s future energy mix, said on…
