What is the secret of international companies and institutions investing in the Egyptian market, what are the attraction factors that make any investor put his money in Egypt, and what are the latest investments? We will tell you all the details in this video, so stay tuned until the end.
In recent hours, the African Investment Fund Africa50 announced its cooperation with the RDC Foundation, to pump an investment worth $25 million to develop a third-level data center, under the name (Tier III) in Egypt, and this project aims to enhance digital transformation and support technological infrastructure.
We can say that this investment will direct its funding to establish one of the first certified third-level data centers in Egypt, and it is very expected that construction work on this project will begin in early 2025, and it will be carried out in accordance with the highest international standards with a commitment to environmentally friendly and sustainable practices.
This project also aims to meet the growing demand for cloud computing services and reliable digital infrastructure, and will adhere to environmentally friendly practices in accordance with the Sustainable Development Goals.
We can say that this type of investment reflects great confidence in the vision of digital transformation and the future of technology in Egypt, and it also represents a pivotal step towards building a reliable and scalable digital infrastructure that supports sustainable growth.
In addition to all this, this investment aims to support the establishment of a new Tier III data center in Egypt, with the aim of accelerating digital transformation and enhancing Egypt’s position as a regional technology center. These investments will be directed to building an advanced facility that meets the growing demand for cloud computing and infrastructure services. Advanced digital infrastructure, and all of this will certainly contribute to accelerating digital transformation and enhancing the competitiveness of the local and regional market.
Other than that, this project is a type of huge investment and part of a strategic vision that aims to bridge the gaps in the digital infrastructure on the African continent, and create a reliable platform for technological growth. The project will be implemented in line with the global sustainable development goals, with a focus on reducing carbon emissions and energy use. Renewable.
Also, this project is considered an essential step towards strengthening Egypt’s position as a regional destination for data center and cloud computing services, ensuring the sustainability and development of the digital economy in the long term, and reflecting Egypt’s commitment to supporting digital transformation and developing a sustainable digital infrastructure across the African continent.
The project’s new center will work to enhance Egypt’s competitiveness in regional and international markets, and represents a strategic step towards making Egypt a regional center for technology, with a focus on innovation and sustainability, all of which enhances its position as a major hub for digital services in Egypt, Africa and the Middle East.
