-
Teraco to Build JB7, a Vast New Data Centre for AI Workloads in South Africa
The new syndicated loan facility has been arranged through Absa — long a financial backer of Teraco — and other financial institutions, with the money to be used to finance JB7 and other construction projects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- artificial intelligence, data, scale
-
Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia
Bitcoin mining is an energy-intensive process, which makes countries with abundant, affordable electricity eye-watering prospects for investors.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
How AI Is Driving Data Centre Growth in India
As AI continues to scale, data centers will need to adapt quickly to handle the increasing complexity of AI workloads while balancing energy use and environmental impact.
- Categories
- Energy, Technology
- Region
- Asia Pacific
-
VCI Global Secures $30 Million Investment for AI Data Center in Malaysia
Headquartered in Kuala Lumpur, VCI Global operates five core businesses in fintech, consultancy, real estate, AI & robotics, and cybersecurity.
- Categories
- Technology
- Region
- South Asia
-
FMCIDE Announces N2.8 Billion Google Fund to Accelerate AI Talent Development in Nigeria
This support, which is provided through a N2.8billion grant from Google.org to Data Science Nigeria, will bolster the Ministry’s ongoing AI-driven initiatives to upskill youth and under- and unemployed Nigerians.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
-
EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
-
Press Release: Sistema.bio Acquires Inclusive Energy, Adding Digital Monitoring to Its Carbon Reduction and Biogas Technology Platform for Farmers
Sistema.bio will incorporate Inclusive Energy’s technology to put in place the first digitally-verified biogas carbon credits.
- Categories
- Agriculture, Energy, Technology
- Region
- Global
-
Zombie Stats are Running Rampant in the Agrifood Sector: Why They’re Dangerous, and How We Can Stop Them
“Up to 70% of the labor involved in coffee farming is supplied by women.” You may have seen this widely used statistic in articles and reports — perhaps you've even cited it yourself. But this number is based on old and extremely flimsy evidence, and as Cait Nordehn at TechnoServe argues, it highlights a troubling issue in the agrifood and broader global development sectors: the ongoing use of “zombie stats” — outdated, inaccurate or incomplete statistics that simply will not die. She explores why this problem has persisted, and how it can be addressed.
- Categories
- Agriculture
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.