Data Centres
India Receives $511.5 Million in FDI Under Eased Rules for Bordering Countries
India has received 29 foreign direct investment proposals worth 48.95 billion rupees ($511.5 million) under new rules allowing investors from countries sharing a...
SK Hynix to Pay Majority of 2026 Employee Bonuses in Company Stock
SK Hynix has reached a tentative wage agreement with its South Korean workers that will see employees receive at least 60% of this...
Analytics Intelligence, OADC Partner to Advance Sovereign AI for Nigerian Businesses
By Benson Daniel Analytics Intelligence and Open Access Data Centres have entered into a strategic partnership to develop sovereign artificial intelligence and cloud...
FG Unveils Cloud Policy to Attract $750m Investment into Nigeria’s Digital Infrastructure
By Benson Daniel The Federal Government has unveiled a National Digital Cloud Policy aimed at attracting $750 million in private investment into Nigeria’s...
Africa’s Data Centre Demand Could Rise Fivefold by 2030, Require Up to $20bn
By Benson Daniel Africa’s demand for data centre capacity could increase by between 3.5 and 5.5 times by 2030, creating an investment opportunity...
Lenovo Revenue Jumps 43% as AI Infrastructure Boom Drives Growth
Chinese technology giant Lenovo reported a 43% year-on-year increase in first-quarter revenue, as strong demand for artificial intelligence infrastructure and devices boosted growth...
Data Localisation Will Create New Investment Opportunities – Galaxy Backbone CEO
By Benson Daniel Nigeria’s data localisation policy could unlock significant investment opportunities across the country’s digital economy, particularly in data centres, cloud computing,...
Nvidia Teams Up With Wall Street Giants to Mobilize $500 Billion for AI Infrastructure
Nvidia has partnered with six major financial institutions to help mobilize more than $500 billion in third-party capital for the expansion of artificial...
