The upcoming opening of Ethiopia’s telecom market to competition is a sign of an increase in business demand for new technology needs. To take advantage of this market opportunity, RedFox Web Solution, ScutiX, and Wingu have followed in the footsteps of Raxio Data Plc and signed a memorandum of understanding with the Ethiopian Investment Commission (EIC) to implement their data centers in the Ethio ICT Park, located in Addis Ababa.
Wingu.africa is allocated a 15,000 m2 area for its IT infrastructure. RedFox and Scutix acquired 4,000 m2 and 6,386 m2 respectively. Once operational, the data centers will provide storage, infrastructure solutions for cloud computing, webspace, and domain hosting, virtual private centers, and colocation services. Also, they will offer customized applications to sectors such as telecom, banking, and insurance.
According to Mekonnen Hailu, Public Relations Director at EIC, the construction of these facilities aligns with the country’s ambition to promote the digital economy. Works will begin as soon as the investors complete design and other pre-construction procedures and obtained a building permit as well as the final design approval from the Industrial Parks Development Corporation.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Partnership targets priority projects, startup support and skills training Deal aligns with...
Renaprov Finance plans a BVMAC IPO to raise CFA8.4 billion by offering 44.44% of its capital to the public. The listing would make Renaprov the second...
Egypt’s central bank and Afreximbank signed an MoU to create a pan-African gold bank. The partners will conduct a feasibility study covering technical,...
Senegal launched construction of a CFA 3.54 billion ($6.3 million) modern high school in Passy. The facility will accommodate 1,500 students on a...
Burkina Faso plans to launch a certified electronic invoicing system in January 2026. Authorities aim to raise tax revenue, curb VAT fraud, and reduce...
Each year around 2 January, the streets of Cape Town host the Cape Town Minstrel Carnival, also known as Kaapse Klopse. Rooted in the nineteenth century,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...