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.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
Q1 copper production reaches 199,600 tons, up 19% year-on-year DR Congo output jumps 68%, led by Kamoto and Mutanda Group maintains 2026 outlook...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....