How investment can drive digital transformation in Cote d'Ivoire
Upcoming sub-sea landing cables and investments in terrestrial infrastructure are expected to improve the digital transformation journey in Africa. CEO of Raxio Group Robert Mullins says that they have decided to invest in a privately owned carrier neutral Tier-III data center in Abidjan and he tells us why they have chosen Cote d'Ivoire as their entry point into West Africa.
Wed, 27 Oct 2021 11:36:17 GMT
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AI Generated Summary
- The crucial role of data centers in improving local consumer markets and enhancing user experience on the continent
- Opportunities in Africa driven by the increasing demand for data consumption and digital services
- Raxio Group's strategic approach to managing risks and expanding its footprint in Africa to support the growing digital economy
The digital transformation journey in Africa is expected to receive a significant boost with upcoming sub-sea landing cables and investments in terrestrial infrastructure. CEO of Raxio Group, Robert Mullins, sheds light on their decision to invest in a privately owned carrier-neutral Tier-III data center in Abidjan, Cote d'Ivoire, as their entry point into West Africa. Mullins emphasizes the importance of data centers as a vital component of the digital infrastructure on the continent, filling the gap for data processing, storage, and exchange. He believes that data centers play a crucial role in improving local consumer markets, reducing latency, and enhancing overall user experience. Raxio's investment in Cote d'Ivoire reflects their commitment to contributing to digital transformation in Africa. Mullins also highlights the significant opportunities in Africa driven by the growing demand for data consumption, mobile internet penetration, and the adoption of digital services. Fintech, traditional banks, governments, and various consumer-driven businesses are all driving the need for robust digital infrastructure. Despite the challenges of doing business in Africa, Raxio Group leverages its experience and strategic partnerships to manage risks effectively. As the digital economy in Africa expands, the demand for data centers is set to rise further. Raxio Group aims to address this need by investing in quality infrastructure to support reliable services for enterprises and governments. With a strong investor base and presence in five countries, Raxio Group is poised for growth and intends to expand its capacity in existing markets while actively seeking new opportunities for investment across the continent.