Raya Holding to invest $25 mln in tier 3 data centre in Egypt

This investment was announced during a press conference held in Cairo on Tuesday.

RDC, a subsidiary of Raya Information Technology, will collaborate with Africa50, the pan-African infrastructure investor and asset manager.

Constructing a new Tier III data centre in Egypt will accelerate the nation’s digital transformation and reinforce its status as a regional technology hub. It will also meet the increasing demand for advanced data capacity and cloud computing services.

Following this investment, the market valuation of Raya Data Centre is expected to exceed EGP 2.2 billion.

The forthcoming data centre will be among the leading certified tier III facilities in Egypt. Construction is set to commence in early 2025. 

Raya Data Centre and Africa50's partnership bridges digital infrastructure gaps across the continent. The facility will also adhere to the global Sustainable Development Goals (SDGs) by integrating eco-friendly and energy-efficient practices throughout its construction and operations, promoting green infrastructure and long-term sustainability.

“This partnership represents a significant milestone in advancing Egypt’s digital infrastructure and establishing the country as a regional technology hub. It reflects our shared commitment to innovation and sustainable growth across vital industries,” Ahmed Khalil, CEO of Raya Holding, said during the conference.

Khalil added that the new tier III data centre will address the urgent need for reliable, scalable, and certified digital infrastructure in Egypt and Africa, reaffirming Raya Holding’s commitment to transformative projects that create long-term value for stakeholders and stimulate economic growth.