Intelligent CIO Africa Issue 89 | Page 9

NEWS

PAIX Data Centres and Djibouti Sovereign Fund to construct carrier-neutral data centre in Djibouti

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 .

PAIX Data Centres , provider of data centre 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 centre services tailored to the unique needs of Djibouti and the broader East African region . The
PAIX will purchase the land , buildings and data centre 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 Data Centres is already operating in Accra Ghana , and Nairobi Kenya .
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 .

Deimos ranks as fastest-growing IT and Software company in Africa and 15th overall

Deimos , a technology company specialising in cloud-native solutions , is proud to announce it has been placed first in the IT and Software category of Africa ’ s Fastest-Growing Companies for 2024 ; placing 15th overall out of 125 companies ranked in Africa .

The FT collaborates with Statista , a data research company , to produce rankings for companies in Europe , Asia , America , and Africa in order of revenue growth . For the 2024 list , the companies were ranked by their compound annual growth rate , CAGR in revenue between 2019 and 2022 . Deimos ’ growth rates of 1196.11 %, absolute and 134.9 %, CAGR in this period , helped Deimos claim top spot among hundreds of other companies from various industries .
Deimos is cloud agnostic , ensuring clients receive the right solution for their unique environment , with partnerships that span Google , HUAWEI , AWS , Azure , Cloudflare , and more . Since its launch , Deimos , based in Cape Town , South Africa with a presence in Nigeria , Ghana , DR Congo and Kenya , has ensured that clients benefit from a secure , highly scalable and fault-tolerant infrastructure environment .
Customers include some of Africa ’ s most established institutions and innovative companies such as the Central Bank of Nigeria , Yoco , Kuda Bank , Zedcrest , and Moniepoint .
To date , Deimos has achieved the Google Infrastructure and Security Specialisations offering trusted guidance and a deeper understanding of the cloud , ensuring robust and secure solutions for clients .
Founded in 2018 , Deimos has experienced remarkable success as a bootstrapped company , growing year on year without external investment . Their focused customer-centric approach to service delivery has led the business to grow by 134.9 % over the past 3 years , making it Africa ’ s fastest-growing IT and Software company in 2024 .
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