Helios Investment Partners (Helios), a prominent London-based private investment firm with a strong commitment to Africa, has just inked a significant deal that could reshape the data landscape in the region. The firm has received the green light from Telecom Egypt to acquire a controlling 75% stake in its Regional Data Hub (RDH) data center assets. Telecom Egypt will retain a minority shareholding of about 20% to 25% in the new subsidiary, which is poised to continue its mission of enhancing data center capabilities across Egypt.
This exciting transaction, valued at 0 million, has the potential to escalate to 0 million based on the achievement of specific performance milestones. This development shines a light on the growing demand for data centers across the African continent, especially as telecommunications giants like Airtel and MTN ramp up their infrastructure to meet increasing consumer needs for connectivity and cloud services.
Founded in 2004 by the dynamic duo, Tope Lawani and Babatunde Soyoye, Helios has carved a niche for itself within the African investment landscape, leveraging a team with over two decades of experience on the continent. The RDH campus in Cairo represents a multi-phase development initiative designed to meet the surging demand for technological infrastructure. The first phase alone boasts an impressive capacity of approximately 2.5MW of IT load, with the second phase, dubbed RDH2, expected to deliver a substantial 4.6MW of additional capacity.
Egypt’s strategic geographic position makes it a crucial hub for data connectivity not just for Africa, but for parts of the Middle East as well. For Telecom Egypt, this partnership with Helios opens the door to unlocking enhanced value from their existing infrastructure, with fresh investments facilitating further expansion in capacity. The demand for innovative solutions like cloud computing and artificial intelligence is ever-increasing across Africa and the Middle East, and this collaboration between Helios and Telecom Egypt positions them to significantly influence the region’s digital evolution.
With this move, both companies are not just looking at immediate gains but are also investing in the long-term digital transformation journey of the continent. Helios and Telecom Egypt are paving the way for a modern, interconnected Africa, and we can expect to see some exciting advancements in the technological space in the near future!
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