Vodafone and partners to build $1B sovereign AI data center in Egypt
Vodafone Business, Cassava Technologies and Elsewedy Electric signed an agreement to create Africa Data Centers Egypt, aiming to develop Egypt’s first sovereign AI data center powered by Nvidia technology. The project targets 20MW of capacity in its first three years, with plans to expand to 200MW, and is expected to draw about $200M in FDI initially and up to $1B total investments, creating up to 200 direct and around 2,000 indirect jobs while increasing local data processing capacity.
Coverage (4)
- Zimbabwean billionaire Strive Masiyiwa’s Cassava joins Vodafone in $1 billion Egypt data-centre and sovereign AI push (africa.businessinsider.com)
- Vodafone Business and Cassava Technologies Launch Egypt’s First Sovereign AI Factory (techafricanews.com)
- Vodafone, Cassava unveil $1B Egypt data center project (connectingafrica.com)
- ZAWYA: Vodafone, Elsewedy Electirc, Cassava target $1bln investment in Egypt data center project (tradingview.com)