Referred to as Africa’s Silicon Valley, Lagos is the fastest growing city in Africa and home to more than 20 million people.

The memorandum was signed at COP27 in Sharm El Sheikh by Karim Badr, CEO of TSFE Infrastructure & Utilities Subfund; Yasir Mahmoud, executive vice president of business development at ACWA Power; and Hassan Amin, country director for Egypt at ACWA Power in the presence of Egypt Electricity Transmission Committee (EETC) delegates, Egypt’s New and Renewable Energy Authority delegates, and other senior executives.

BoFiNet is uniquely positioned to revolutionize Botswana’s telecommunications network with an IXP designed to both increase efficiency and synergy for network and services companies and drive down the cost of communications.

Companies that focus on colocation services will experience rising demand, especially those that are strategically placed to cover promising geographical regions, such as Latin America, Southeast Asia, and Sub-Saharan Africa.