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Dimension Data Nigeria holds signing ceremony for $15m Bond Programme

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Dimension Data Nigeria

Dimension Data Nigeria (https://DimensionData.com.ng) has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange Commission (SEC). The signing ceremony, which marked the completion of the programme documentation and regulatory clearances, was held recently at the Capital Club, Victoria Island, Lagos.

 

Speaking during the signing ceremony, Gbenga Olabiyi, Managing Director of Dimension Data Nigeria, explained that the capital raise is focused on long-term value creation. “Sustained infrastructure investment is essential to maintaining competitiveness and unlocking future growth. When deployed thoughtfully, infrastructure secures the business, future-proofs operations, and allows efficient scaling as data demand and complexity increase.”

Nigeria continues to face significant digital infrastructure gaps, including limited metro and access fiber coverage, constrained enterprise connectivity, and rising demand driven by cloud adoption, fintech, digital public services and artificial intelligence. These gaps increase costs, limit service quality, and slow the country’s digital economy. Olabiyi said the bond programme is designed to help expand critical digital infrastructure capacity, strengthen network resilience, and support enterprise and carrier-grade services needed to meet Nigeria’s growing data and connectivity requirements.

We believe strongly in working with partners to address the critical infrastructure deficit in Nigeria and across Africa

He also expressed appreciation to the company’s advisers and partners for their professionalism and support throughout the process and signaled his intention to continue working closely with them as Dimension Data moves into subsequent phases of funding and execution.

In his comments, Shatse Kakwagh, Managing Partner, Mbavaa Partners Limited, the Private Equity company backing Dimension Data Limited, described the transaction as a watershed moment for the company and a validation of its long-term infrastructure strategy.

“This is a journey we began years ago, and it proves that the opportunities we see in the market can be realised,” Shatse said. “We believe strongly in working with partners to address the critical infrastructure deficit in Nigeria and across Africa. This programme enables us to secure the right type of capital to finance the aggressive growth we have planned.”

He noted that the bond programme has received a strong vote of confidence from rating agencies. At the same time, the company’s first market issuance was heavily oversubscribed, reflecting investor belief in Dimension Data’s ability to execute and deliver at scale.

The transaction advisers on the bond programme include Pathway Advisors Limited as Book Runner; Greychapel Legal and Alliance Law Firm as Solicitors; CardinalStone Registrars Limited and STL Trustees Limited as Registrar and Trustees; Deloitte & Touche as Reporting Accountant alongside Mascot Okpori & Co as Auditors; Fidelity Bank as Receiving Bank; and Agusto & Co as Rating Agency.

Distributed by APO Group on behalf of Dimension Data.

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Cassava Technologies announces National Sovereign Cloud to support secure digital infrastructure for African governments

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March 6, 2026

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Cassava Technologies

Cassava Technologies (www.CassavaTechnologies.com), a global technology leader of African heritage, today announced its National Sovereign Cloud (NSC) solution, designed to support African governments with secure, locally-governed digital infrastructure that enables the deployment of AI-enabled public services.

The solution provides government customers with Cloud, Cyber Security, Compute AI infrastructure, Local-Language AI models, and an AI Institute to support national platforms across the public sector. It further supports collaboration with the public sector by developing digital skills for both enterprises and individuals to help ensure African economies can fully and securely participate in the digital economy.

Our National Sovereign Cloud solution enables governments to develop secure AI and Cloud environments that support national digital transformation

Building upon this secure foundation, the strategy also includes high-impact delivery through AI applications and specialised Payments & Remittances infrastructure. This involves deploying conversational AI to enhance citizen engagement, creating AI models tailored to local languages, and driving financial inclusion.

Through these advancements, Cassava and its Cloud Partners (https://apo-opa.co/4ubGYZU) aim to enable governments to deploy AI-driven applications that improve public service delivery, strengthen citizen engagement, protect against emerging digital threats, and support economic development.

“Across Africa, governments are accelerating their digital transformation agendas and are increasingly focused on ensuring that data and digital infrastructure remain secure and sovereign,” said Ahmed El Beheiry, Group COO and Group Chief Technology & AI Officer, Cassava Technologies. “Our National Sovereign Cloud solution enables governments to develop secure AI and Cloud environments that support national digital transformation while empowering African developers, enterprises, and institutions to create solutions that address the continent’s unique needs.”

By combining sovereign cloud infrastructure, advanced AI compute capabilities, and secure connectivity, Cassava serves as a technology partner, supporting Africa’s digital transformation by developing trusted, sovereign digital ecosystems.

Distributed by APO Group on behalf of Cassava Technologies.

 

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Huawei Highlights Digital Inclusion and Conservation Tech as AI Use Accelerates

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4 hours ago

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March 6, 2026

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Huawei

BARCELONA, SPAIN – Media OutReach Newswire – 5 March 2026 – Huawei gathered partners, policymakers and international media in Barcelona on March 1 and 2, ahead of Mobile World Congress, to discuss narrowing connectivity and digital skills gaps as artificial intelligence spreads through sectors including healthcare, finance and public services.

About 80 guests attended the first day’s forum at the Leonardo Royal Hotel Barcelona Fira. In remarks published by Huawei, Yang Chaobin, CEO of Huawei ICT BG, said the digital divide “seems to be widening further” even as AI accelerates. “High-speed networks and robust computing facilities are essential foundations for an inclusive and sustainable AI era,” he said.

The International Telecommunication Union estimates about 2.2 billion people were still offline in 2025. Dr. Cosmas Zavazava, director of the ITU’s Telecommunication Development Bureau, said inclusion must be treated as a prerequisite for the AI era.

“AI must strengthen meaningful connectivity and support inclusive digital transformation. This requires responsible AI governance, investment in local talent and content, and capacity building, particularly for young girls, women, indigenous communities and marginalized groups.”

Huawei said it has fulfilled a commitment under the ITU Partner2Connect Digital Coalition to help expand connectivity in remote regions. By the end of 2025, the company said its initiatives had supported digital access for 170 million people in rural and underserved areas across more than 80 countries. In a Huawei news release, Jeff Wang, president of Huawei Public Affairs and Communications, said: “To bridge the digital skills gap, Huawei works closely with governments and partners to enhance digital access, deliver skills training, and advance STEM education for underserved communities.”

On March 2, the focus shifted to conservation with a visit to Spain’s Natural Park of Sant Llorenç del Munt i l’Obac. Here, digital monitoring tools are being used to support biodiversity protection, including efforts to safeguard the endangered Bonelli’s eagle alongside better managing potential impacts from outdoor activities like climbing on rock-dwelling birds and caving on protected bat species. The project forms part of the Tech4Nature initiative, developed with the International Union for Conservation of Nature (IUCN) to support digital tools in protected areas across 11 countries.

Sònia Llobet, the park’s director, said the project is helping managers balance visitor access with nature protection.

“As park managers, our challenge is how to make visitor access compatible with the conservation of this natural space,” she said. “This project is helping us answer some of the questions we face in balancing tourism and environmental protection.”

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Cassava Technologies launches Cassava Cloud Partner programme to accelerate Artificial Intelligence (AI) and Cloud adoption across emerging markets

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1 day ago

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March 5, 2026

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Cassava

Cassava empowers customers to deploy compute capabilities in a scalable, perfectly orchestrated manner from day one, following local compliance policies

BARCELONA, Spain, March 4, 2026/APO Group/ –Cassava Technologies (www.CassavaTechnologies.com), a global technology leader of African heritage, today announced the launch of the Cassava Cloud Partner (CCP) programme. The programme will enable mobile network operators (MNOs) and system integrators across Africa and Latin America to consume, resell, or distribute AI, Cloud, and digital services using Cassava’s infrastructure and technology platforms.

 

We are expanding Africa’s sovereign AI ecosystem to build solutions that address the continent’s unique challenges while creating new opportunities for growth and digital inclusion

“Through the CCP programme, we are working with partners to extend access to AI infrastructure, cloud platforms, digital capabilities and solutions enabling enterprises, developers, and entrepreneurs across the continent to build and deploy AI-powered solutions,” said Ahmed El Beheiry, Group COO and Group Chief Technology & AI Officer, Cassava Technologies. “We are expanding Africa’s sovereign AI ecosystem to build solutions that address the continent’s unique challenges while creating new opportunities for growth and digital inclusion.”

CCP will provide Cassava’s customers and partners with four clear value propositions. These include access to NVIDIA Cloud Partner solutions, Cassava’s complete turnkey AI Factory, its own native AI solutions and CAIMEx (http://apo-opa.co/409Eeyj), a localised multi-model platform that provides unified access to leading AI models through regional AI factories. Through CAIMEx, customers will gain unified access to advanced tools like the Customer Experience Conversational Interface (CECI) (http://apo-opa.co/4rd9WWl), Geospatial AI Ops (http://apo-opa.co/40cescP), and Cassava Autonomous Networks (http://apo-opa.co/40H6j05).

Cassava empowers customers to deploy compute capabilities in a scalable, perfectly orchestrated manner from day one, following local compliance policies.

Through the CCP programme, Cassava is removing barriers to entry, such as high upfront infrastructure costs, through a flexible managed approach. This supports Cassava’s broader strategy to build a sovereign cloud and AI ecosystem, spanning national and enterprise deployments, to enable governments and enterprises across Africa to access advanced AI infrastructure while maintaining control over their data and digital platforms.

Distributed by APO Group on behalf of Cassava Technologies.

 

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