Digital Infrastructure
Lidl Owner Schwarz Group Plans $6.5 Billion Data Centre in Northern Germany BY 2033
Germany’s Schwarz Group, the owner of Lidl, is planning to invest up to €5.6 billion ($6.5 billion) in a major data centre in...
Velaura AI Surpasses $1 Billion Valuation After $110 Million Funding Round
Velaura AI has joined the growing ranks of AI hardware unicorns after raising $110 million in a Series A funding round, pushing the...
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...
Nvidia Offers Up to $105 Billion Guarantee for OpenAI’s Ohio Data Center
Nvidia has agreed to provide a guarantee of up to $105 billion to support OpenAI’s planned data center project in Pike County, Ohio,...
Nigeria, Burkina Faso Move to Deepen Digital Cooperation
Nigeria and Burkina Faso are set to strengthen cooperation in digital infrastructure, artificial intelligence, cybersecurity, digital public infrastructure and skills development. The two...
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...
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,...
Bank of America Pledges $250 Billion for U.S. Infrastructure Financing
Bank of America has announced plans to deploy $250 billion toward critical U.S. infrastructure projects through July 2027, as major financial institutions increase...
