Dubai firm invests $1.6bn to power Africa’s AI data centres and agribusiness expansion
Founded in 2014, the privately held firm is repositioning to address Africa’s growing food security pressures while capitalising on rising demand for digital infrastructure driven by cloud computing and artificial intelligence. The company has already invested about $300 million in land acquisitions and asset-backed projects across the continent, with further funding to be deployed through partnerships and public–private collaborations with African governments.