Safaricom, iXAfrica launch Kenya’s first AI data centre
Safaricom PLC has partnered with iXAfrica Data Centres, Kenya’s leading hyperscale-ready data centre operator, to introduce East Africa’s first AI-ready data centre services, tailored for enterprise and cloud solutions. This collaboration equips businesses and government clients with scalable, cost-effective solutions for data storage, backup, and high-performance computing, ideal for AI-driven workloads, cloud and edge computing, […]
M-PESA hits $450bn in transactions, solidifies African fintech lead
M-PESA, the mobile money platform jointly powered by Vodacom and Safaricom, has once again demonstrated its dominance in Africa’s digital financial services space by processing over $450.8 billion in transaction value during the financial year ended March 2025. The latest figures, released as part of Vodacom Group’s annual financial results, underscore M-PESA’s vital role in […]
IHS Towers sells Rwanda operations to Paradigm for $274.5m
IHS Holding Limited, one of the world’s largest independent owners and operators of shared telecommunications infrastructure, has announced an agreement to sell its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures. The deal, which includes the transfer of approximately 1,465 tower sites, is valued at $274.5 million and reflects a transaction multiple of 8.3x […]