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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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AG Insights Platform Gro Intelligence Is Closing Down
Ag insights platform Gro Intelligence is calling it quits after failing to secure enough capital to stay afloat following a turbulent few months, AgFunderNews understands.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, failure, smallholder farmers
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Analysis: U.S. Tech Giants Are Building Dozens of Data Centers in Chile. Locals Are Fighting Back
Multiple groups are working to keep Amazon, Google, and Microsoft from doubling the number of centers in the country, fearing environmental devastation.
- Categories
- Technology
- Region
- Latin America
- Tags
- data, digital inclusion, water
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Raxio Opens a Data Centre in Mozambique and Plans to Launch More Facilities on the Continent
Raxio Group has announced the opening of its first facility in Mozambique as part of its $290 million investment strategy on the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, infrastructure
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India’s Top Telco Ventures Outside Home to Take on Africa
Reliance Jio became a top telecoms player in India, with more than 40% of the market share, within 8 years of launching there.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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More Data is Not the Answer: Why We Need to Reset Our Expectations for Impact Measurement and Management
Impact measurement and management (IMM) is gaining momentum. As Julia Mensink at Acumen explains, while the sector was once underfunded and under-emphasized, it is now taken much more seriously — not only by impact investors, but also by mainstream banks, pension funds and corporations. But she argues that this progress has brought with it some challenges, including investors' growing demand for rigorous impact data, regardless of the challenges this data collection and reporting may present to entrepreneurs. She proposes some ways investors can work with social enterprises to shift IMM from a burden to a means to greater impact.
- Categories
- Investing, Social Enterprise
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Press Release: Microsoft and G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative for Kenya
The largest single private-sector digital investment in Kenya’s history will support economic development across East Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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M-Pesa and Data Revenue Push Safaricom to First Profit Growth in Three Years
Revenues from M-Pesa grew 20% year-on-year, reaching $1 billion (KES140 billion) from $891.3 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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