Africa50 announces US$ 15 million investment in Raya Data Center
Africa50, the pan-African infrastructure investor and asset manager, has announced a US$ 15 million investment in Raya Data Center (RDC), an Egyptian provider of colocation and cloud services. Africa50 was established by African governments and the African Development Bank to help bridge Africa’s infrastructure funding gap by facilitating project development, mobilizing public and private sector […]
Singapore and Vietnam Eye New Undersea Cables
Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are exploring plans to construct new undersea fiber-optic cables, a move aimed at bolstering the region’s data center industry. Southeast Asia, a crucial link for cables connecting Asia and Europe, is witnessing a surge in demand for AI services and data centers. Vietnam, in particular, has […]