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Liquid Eyes Africa’s Largest Tech Markets After $250-Million Boost from IFC

Strive Masiyiwa, Liquid Intelligent Technologies Executive Chairman and Founder with Makhtar Diop, IFC’s Managing Director. The World Bank Group’s International Finance Corporation (IFC) has announced a new partnership with South African tech group Liquid Intelligent Technologies (Liquid) to expand data center capacity and the rollout of fiber-optic cable across the continent. IFC’s equity and debt investments in Liquid, which to date total approximately $250-million, will support the company to grow its hyperscale data center capacity in Egypt, Kenya, Nigeria, and South Africa through its subsidiary, Africa Data Centres. The partnership with Liquid, one of Africa’s leading independent fiber and digital services providers, aims “to increase digital connectivity and inclusion in Africa and ...

Construction Begins on ‘Largest Data Centre in Africa’ Worth $1-Billion

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