Raya Holding Divests 42.9% Stake in Data Centers to Africa50 for $15 Million

Thu, 12 Dec 2024 - 01:17 GMT

The $15 million investment will help jumpstart construction on a new Tier III data center in Egypt, set to break ground in early 2025.

Egypt joins Africa50 agreements to boost infrastructure development, financing

Thu, 10 Aug 2023 - 02:17 GMT

The Africa50 Fund aims to invest in infrastructure, focusing on sectors such as energy, transportation, information and communication technology, and water.