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PAIX Data Centres Expands Capacity in Ghana to 1.2 MW to Boost Africa’s Digital Economy

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PAIX Data Centres

Data centers are essential to support the creation of businesses that can thrive in the digital era, leading to increased employment opportunities and economic transformation

ACCRA, Ghana, May 21, 2024/APO Group/ — 

The expansion will help meet the demand for digital infrastructure as data consumption rapidly outstrips supply in Africa.

PAIX Data Centres, a leading provider of data center solutions, today announced the expansion of its facility in Accra to 1.2 MW, in a critical boost to the digital economy that will also spur job creation.

The data centre, now one of the largest in Ghana, will help internet service providers (ISPs), cloud providers, and enterprises take full advantage of robust digital infrastructure and improved connectivity, to create online businesses such as e-commerce that will thrive in the digital era.

The expansion comes at a pivotal time as the demand for reliable and scalable data centers in Africa is expected to exceed supply by 300% over the next two years. The current installed capacity of 250 MW will need to be significantly increased to 1,200 MW by 2030 to meet the rapidly increasing demand for data, with consumption expected to rise by 40% each year until 2025, according to industry estimates.

This expansion reaffirms our dedication to providing best-in-class data center solutions to our customers in Accra and beyond

The upgraded facility boasts state-of-the-art infrastructure and robust security measures, ensuring optimal performance and reliability for mission-critical applications and services. The data center also features advanced cooling and waste management systems, and the increased integration of renewable energy as a power source, to improve environmental impact.

The strategic location in Accra offers low latency connectivity to all major regional and international network routes and subsea cables, further enhancing the overall efficiency and performance of its services.

PAIX Data Centres acquired its first facility in Accra in 2018 and constructed its second data center in Kenya in 2020. Further locations are under development. The company’s mission is to drive digital transformation and foster innovation across Africa, providing world-class data centre solutions that enable businesses to thrive in a digital age.

Africa50, a pioneering infrastructure investor and asset manager, backed by African and global capital, committed $20 million in equity investment to PAIX Data Centres in 2022 to support the company’s expansion into new markets and the upgrade of current facilities.

QUOTES

  • Bright Tawiah, Managing Director, PAIX Data Centres, Ghana, said: “This expansion reaffirms our dedication to providing best-in-class data center solutions to our customers in Accra and beyond. As one of Africa’s digital economy hotspots, Accra plays a vital role in driving innovation and growth across various industries. We are proud to be at the forefront of this transformation, enabling businesses to thrive in today’s increasingly connected world”.
  • Alexander Sulzberger, Co-Founder & CTO, Ecoband Networks says: “Ecoband Networks has been one of PAIX’s longest-standing customers, utilizing the RackAfrica datacenter in Accra since its inception in 2013. We have been extremely pleased with the continuous expansion and upgrade plans spearheaded by the PAIX management, ensuring the delivery of world-class data center services with zero downtime. This reliability provides Ecoband and our international carrier partners hosted in Accra with a solid foundation for our ISP operations.”
     
  • Gregory Eid, CEO of Teledata ICT says: “At Teledata ICT, we are thrilled to see PAIX Data Centres expanding their capacity in Accra. This significant enhancement not only supports our mission to deliver reliable and high-speed internet services but also reinforces our commitment to fostering digital growth in Ghana. The increased capacity and advanced infrastructure provided by PAIX will enable us to better serve our customers, drive innovation, and contribute to the overall digital transformation of the region.”
     
  • Gershon Dzandu, General Manager, at FTSToday says: “PAIX is at the heart of the colocation industry in Ghana, strategically located in the centre of Accra with expanded state of the art facilities that guarantee safety, security and unparalleled uptime. They are a dream come true for start-ups like FTSToday as they host major international providers in their Accra Facility. They have been an integral part of our growth and continued success and we are very confident that PAIX will continue being the backbone of our drive to provide future-proof ICT and telecommunication solutions geared towards positive Business Growth and value creation for our esteemed customers.”
  • Wouter van Hulten PAIX Data Centres CEO says: “PAIX’s investment in our ACC-1 data centre positions it as the leading network hub that is created by the aggregation of multiple undersea cable landing points connecting to terrestrial cables, and this makes Accra a highly attractive gateway to West Africa. We are working closely with our connectivity, CDN, social media, and cloud customers seeking to serve this emerging market. We are developing thriving magnetic cloud and content hubs in Accra.”
     

For more information about PAIX Data Centres and its services, visit www.PAIX.io.

Distributed by APO Group on behalf of PAIX Data Centres.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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