
Raxio in Tanzania: $380 Million Push for African Data Centers
Imagine a continent finally getting truly connected, and someone's putting serious cash on it. Raxio is betting $380 million on African data centers, starting with Tanzania.
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Saturday, August 1, 2026
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Imagine a continent finally getting truly connected, and someone's putting serious cash on it. Raxio is betting $380 million on African data centers, starting with Tanzania.

Always rushing between Dubai and London? Bloomberg has a new show for you, 'Horizons MEA'. It promises the best on Middle East and Africa, so you don't miss a beat between meetings.

Imagine creating amazing content without breaking the bank. Google and Idris Elba aim to make AI accessible for African creators.

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While half of Silicon Valley keeps sleeping on Africa, someone's already understood where the real gold is: in electric mobility across a continent where gas cars still dominate. Spiro, a Kenya-based e-mobility startup, is now within striking distance of unicorn status thanks to a $55 million bet from Chinese investor NewTrails Capital.

South Africa is running out of birth control pills on pharmacy shelves, and it's not because of restrictive laws—it's a straightforward production mess. When one of the country's biggest pharmaceutical factories hits a snag, millions of people are left hanging.