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AFRICA

DFC is Washington's financial arm of choice to counter Chinese influence

The US International Development Finance Corporation (DFC), which was relaunched two years ago, is increasing its activity on the African continent. Washington has made the DFC, which invests in the private sector, its key weapon for attracting African countries wooed by Beijing. [...] (623 words)
Published on 20/10/2022 at 05:00 GMT Reading time 3 minutes
Finance Diplomacy

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Vantage Data Centers' three-data center campus project in South Africa (Waterfall City). © Vantage Data Centers
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AFRICA Business 15/11/2021

Will giants Microsoft, Amazon and Huawei outpace African operators in race to dominate the Cloud? 

Though there are still very few data centres on the African continent, in no small part due to a lack of reliable power, a few independent groups have managed to break into the sector. But they are now facing a serious challenge with the arrival of the world's internet giants, which are targeting South Africa to place their infrastructure.

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