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PAIX Data Centres Announces Joint Venture with Djibouti Sovereign Fund to Construct a Cloud- And Carrier-Neutral Data Centre in Djibouti

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PAIX Data Centres

The new facility will serve as a strategic interconnection hub for internet service providers (ISPs), cloud providers, financial institutions, and enterprises seeking reliable and scalable infrastructure to support their digital initiatives

Egalement disponible en Français

DJIBOUTI CITY, Djibouti, May 15, 2024/APO Group/ — 

PAIX Data Centres (www.PAIX.io), a leading provider of data center solutions, is pleased to announce a strategic joint venture with the Djibouti Sovereign Fund to construct a state-of-the-art cloud- and carrier-neutral data centre in Djibouti. This landmark project represents a significant milestone in Africa’s digital infrastructure development and underscores the commitment of both parties to fostering innovation and growth in the region.

The joint venture between PAIX Data Centres and the Djibouti Sovereign Fund brings together industry expertise and local knowledge to deliver world-class data center services tailored to the unique needs of Djibouti and the broader East African region. The new facility will serve as a strategic interconnection hub for internet service providers (ISPs), cloud providers, financial institutions, and enterprises seeking reliable and scalable infrastructure to support their digital initiatives.

Ten undersea cables connect to Djibouti, with further cables under construction, making the data centre a key access point for PAIX and its customers that wish to serve emerging markets in the region.

This development fills us with great enthusiasm as we anticipate leveraging the enhanced connectivity options facilitated by this state-of-the-art data center

PAIX will purchase the land, buildings and data center equipment. The facility will have about 50,000 square feet of net usable space and up to 5 megawatts of critical power. The first phase is expected to open in 2026.

PAIX Djibouti will offer state-of-the-art infrastructure, including advanced cooling systems, redundant power sources, and robust security measures, to ensure optimal performance and reliability for mission-critical applications and services. With a capacity of multiple megawatts, the data centre will cater to the diverse needs of customers across various industries, providing them with the necessary tools and resources to accelerate innovation and drive business success.

PAIX Data Centres and the Djibouti Sovereign Fund remain committed to delivering best-in-class data centre solutions that meet the evolving needs of customers and contribute to the growth and prosperity of Djibouti and the broader Horn of Africa region. PAIX Data Centres is already operating in Accra Ghana, and Nairobi Kenya.

QUOTES

  • Wouter van Hulten PAIX Data Centres CEO says: “PAIX’s investment in JIB1 positions it at the crossroads of connectivity between Africa, Europe, the Middle East, and Asia. The strong network hub that is created by the aggregation of multiple undersea cable landing points connecting to terrestrial cables makes Djibouti a highly attractive gateway. We have received strong interest from our connectivity, CDN, social media, and cloud customers seeking to serve the emerging markets that can be accessed by these cables. We plan to develop thriving magnetic cloud and content hubs in Djibouti.
  • Raza Hasnani, Managing Director at Africa50 says: “We are excited to be supporting PAIX in its partnership with the Djibouti Sovereign Wealth Fund to develop this project, which will further enhance Djjibouti’s positioning as a connectivity hub in Africa. The development of data centers in Africa will play a key role in delivering affordable data and greater connectivity to the continent.
  • Slim Feriani, CEO of the Djibouti Sovereign Fund says: “As the heart of Africa’s digital economy, Djibouti plays a strategic role in facilitating connectivity between Africa, the Middle East, and Asia, PAIX Djibouti will serve as a catalyst for digital inclusion and economic development, empowering businesses to unlock new opportunities and realize their full potential in the digital age.
  • Norman Albi, CEO’s AFR-IX telecom a PAIX customer says: “Recognizing Djibouti’s pivotal location in Africa’s communications landscape, we eagerly anticipate the benefits this partnership between PAIX Data Centers and Djibouti Sovereign Fund will bring to the region. This development fills us with great enthusiasm as we anticipate leveraging the enhanced connectivity options facilitated by this state-of-the-art data center. Here’s to the success of this collaborative endeavor.

Distributed by APO Group on behalf of PAIX Data Centres.

Business

Nature, Carbon and Climate Are Becoming Core Investment Themes – with Africa at the Centre

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finance

Private finance for nature has increased more than tenfold in recent years, rising from USD 9.4 billion to over USD 100 billion, and could reach up to USD 1.45 trillion by 2030 if current the momentum continues

CAPE TOWN, South Africa, February 9, 2026/APO Group/ –Climate change, biodiversity loss and ecosystem degradation are no longer just environmental challenges; they are now central to how investors assess resilience and long-term returns.

Nature underpins large parts of the global economy, from water security and food systems to infrastructure and climate resilience. Yet according to the United Nations Environment Programme (UNEP) the global biodiversity finance gap is estimated to reach USD 942 billion per year by 2030. Current finance flows into nature total around USD 200 billion annually, with just USD 35 billion coming from private capital.

At the same time, capital markets are shifting. Private finance for nature has increased more than tenfold in recent years, rising from USD 9.4 billion to over USD 100 billion, and could reach up to USD 1.45 trillion by 2030 if current the momentum continues.

Alongside this, carbon markets, nature-based solutions and resilience infrastructure are increasingly being treated as linked investment themes, with new asset classes emerging across carbon, biodiversity and climate adaptation. This convergence is reshaping how investors assess risk, returns and long-term resilience, particularly in emerging markets.

Investing in Africa’s adaptation and mitigation projects is not an act of generosity; it is an investment in our common future

The economic stakes are already clear. In South Africa alone, healthy ecosystems contribute over R275 billion (around USD 14 billion) per year, equivalent to at least 7% of GDP.

Across Africa, natural capital accounts for an estimated 30%-50% of total wealth in many countries, underlining how closely economic growth, stability and development prospects are tied to climate and nature outcomes. In many African economies, natural capital makes up a far larger share of national wealth than factories or infrastructure, meaning that damage to nature can quickly translate into pressure on public finances and long- term economic stability.

Recent flooding in parts of Kruger National Park and ongoing water stress in the Western Cape have reinforced how climate and ecosystem risks translate directly into economic losses, infrastructure damage and pressure on public finances. These are no longer peripheral sustainability issues; they are core financial and investment risks.

Against this backdrop, Africa’s Green Economy Summit (AGES) 2026 will open with the Climate, Carbon & Nature Financing Academy on Monday, 24 February 2026 in Cape Town, ahead of the main Summit from 25 – 27 February 2026. The Academy will focus on how climate, carbon and nature can be translated into bankable projects and investable asset classes, including through instruments such as carbon markets, green, blue and wildlife bonds, debt-for-nature swaps and performance-linked finance.

“The escalating impact of climate change in Africa calls for the global community and private sector to recognise that a climate-resilient Africa is essential for global stability, prosperity, and shared security. Investing in Africa’s adaptation and mitigation projects is not an act of generosity; it is an investment in our common future,” said Harsen Nyambe, Director, Sustainable Environment and Blue Economy at the African Union Commission.

By foregrounding climate, carbon and nature finance at the start of 2026, AGES reflects a broader market reality: these are no longer side conversations in sustainable finance, they are becoming central pillars of Africa’s investment future.

Distributed by APO Group on behalf of VUKA Group.

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Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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