Latest news on AI, Energy and Technology
Africa’s AI data center sector is growing rapidly, but power constraints remain a critical challenge. With the region accounting for only 0.6% of global data center capacity, significant investments are…
Bain Capital Ventures has closed its eleventh venture fund at US$1.6 billion, exceeding its original fundraising target. The vehicle, Bain Capital Ventures Fund XI, is backed by Bain Capital partners…
Photo shared by AMACO, as part of HERCULES Unit Fiber Map for Smart Power Delpoyemnt. Mombasa, Kenya — September 2026 Africa is entering a new phase of digital infrastructure development.…
Kenya has shelved its flagship $1 billion data centre project backed by Microsoft and Abu Dhabi-based G42, after officials concluded the country’s power grid couldn’t support the facility at its…
A high-stakes competitive race is unfolding across African banking, as South African lenders Nedbank and Standard Bank entrench their regional dominance through major acquisitions, pushing ambitious Nigerian banks to fight…
Ride-hailing giant Uber has withdrawn from both Nigeria and Uganda, marking the latest in a string of African market exits for the company. The move follows the earlier collapse of…
Photo shared by AMACO as part of the HERCULES Unit Fiber Map for Smart Power Deployment. Africa is entering a new phase of digital infrastructure development. Across the continent, submarine…
The term of Eskom chair Mteto Nyati, who played a pivotal role in stabilising South Africa’s state power utility and helping end years of rolling blackouts known as load-shedding, is…
Africa is building data centres faster than at any point in its digital history. Across South Africa, Nigeria, Kenya, Egypt, Ghana, Côte d’Ivoire, and Senegal, billions of dollars are flowing…
Aliko Dangote wanted all Nigerians to get involved in the share offer Every Nigerian is now an oil magnate. At least that is what the social media memes would have…