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Eacop Pipeline: China’s $1.8 Billion Role in Funding Africa’s Oil Transport Infrastructure
Chinese and African banks are anticipated to provide $1.8 billion in funding for the East African Crude Oil Pipeline (Eacop) project.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, lending
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Nigerian Fintech Startup Storspay Raises $320K, Selected for Techstars NYC
Storspay has developed a decentralised retail lending infrastructure platform for the internet.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Raxio Group Gets $33 Million in African Data Market Investment
The funding enables the design, construction, operation, and management of a series of high-impact data centres in seven countries across sub-Saharan Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Amazon to invest USD 1.7 Billion in South Africa
The group published a new economic impact study (EIS) which outlined AWS Africa's projected forecast of investment to construct, operate, and maintain its cloud infrastructure in South Africa.
- Categories
- Investing, Technology
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Dozer Raises $3 Million In Seed Funding
The new funding will contribute to the scaling of product and engineering teams.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- data, infrastructure, scale
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China Intensifies Tech War With US With $500 Million Subsea Internet Cable
The escalating tech war between the two economic giants and may threaten global internet infrastructure.
- Categories
- Technology, Telecommunications
- Region
- Global
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Fintech TerraPay Secures $100 Million via Series B to Expand Payments Infrastructure
The funding will help TerraPay’s global expansion plans, especially across the LATAM and MENA regions.
- Categories
- Finance
- Region
- Global
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Africa Mobile Networks Secures $20 Million Loan for Rural Push
This latest financial backing follows a $36 million private equity investment from a consortium led by South African private equity firm Metier in 2021.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa