Cassava Technologies

Because participation in the AI economy requires more than ambition. It requires compute, connectivity and infrastructure built on the continent and designed for the continent. The opportunity is here. The question is how quickly Africa can scale.

Today, the tech is proven and the demand is clear. The next chapter is about scale: creating financing models and investment ecosystems that enable digital infrastructure to grow faster and at the level the AI era requires.

Africa has a once-in-a-generation opportunity to help shape the global AI economy. Speaking at @africaceoforum, our President and Group CEO Hardy Pemhiwa explored the question: how do we accelerate digital infrastructure at the speed and scale the AI era demands?

🌍 25 years ago, 70% of Africans had never heard a phone ring. 📆 Today, in some African cities, mobile penetration is sitting at 1.5 SIM cards per person. From the main stage of the Africa CEO Forum Annual Summit in Kigali, @HardyPemhiwa, President and Group CEO of @CassavaTech, used that contrast to frame three decades of African digital infrastructure history. 🛰️ The numbers behind Cassava speak for themselves. 116,000 kilometres of fibre running from Cape Town to Cairo. An interconnected data centre network across most African capitals, with edge facilities now being deployed in secondary cities. Captive renewable energy plants powering enterprise customers. And, most recently, the continent's first NVIDIA-powered AI factory launched last month in South Africa, with sites in Cairo, Nairobi and two further African locations now in advanced planning. ⚡ Pemhiwa called it the plumbing that carries the data, the plumbing that enabled Africa's telecoms revolution and that will now have to enable its AI one. Coverage is largely won. The next battle is meaningful access. 🇷🇼 Kigali is putting a clear question on the table this week. Will Africa be a producer of AI infrastructure, or only a consumer of it? Cassava's answer is being deployed at scale. #ACF2026 #AfricaCEOForum

As AI reshapes the global economy, the question is no longer whether Africa participates. It is how Africa participates on its' own terms. Thank you to the Africa CEO Forum and congratulations to all of this year’s winners helping shape Africa’s next chapter.

Over the past two decades, we have worked to build the digital backbone powering the continent - from Africa’s largest independent fibre network to data centres, cloud, cyber security and AI infrastructure designed for the next era of growth.

Africa’s digital future will be shaped by those who build its foundations. That is why we are honoured to be named Pan-African Champion 2026 at the @africaceoforum Awards.

🏆 The ACF Awards 2026 winners are in. Six honours, six trajectories, one shared conviction: that Africa's economic future will be built by Africans, on African terms, at pan-African scale. ⚡ Disrupter of the Year goes to Cauridor, the fintech born in 2022 that has turned the cross-border payment chaos of Francophone Africa into a unified rail network, connecting global remitters to 25,000 cash agents across the continent. 📜 Family Business honours East African Holding, the Ethiopian conglomerate whose roots stretch back to 1891 and whose 17 subsidiaries today span FMCG, agro-processing, cement and mining under the stewardship of Chairman Buzuayehu Tadele. 🛵 Local Impact Champion celebrates @SpiroUganda, the electric mobility company whose 80,000 motorbikes and 2,500 battery swapping stations are letting boda boda riders across six African countries nearly double their take-home pay. 💼 Gender Leader recognises @GroupEcobank, the pan-African banking group whose Ellevate programme and pioneering West African gender bond have shifted women's economic empowerment from policy to balance sheet across 33 markets. 🌐 Pan-African Champion goes to @CassavaTech, Strive Masiyiwa's group, whose 720 million dollar AI factory roll-out across five African capitals is anchoring the continent in the global computing race. 👤 CEO of the Year crowns @asr_rabiu, Founder and Chairman of BUA Group, whose four-decade bet on industrial backward integration has reshaped Nigerian manufacturing. 🌍 Congratulations to all six laureates. Their stories define the African business decade ahead. #ACF2026 #AfricaCEOForum

@MusoniPaula and CEO @RISARwanda @TonySebera met with @HardyPemhiwa, President and Group Chief Executive Officer of @CassavaTech, and his delegation. The discussion focused on strengthening collaboration and the Group’s plans to support Rwanda's national digital transformation priorities.

BUILDING AFRICA’S TECHNOLOGICAL FUTURE — #OAC2026 PANEL SPOTLIGHT ⚡📷 Moderator: Dr Watu Wamae Sir John Lazar — @RAEngNews, Enza Capital Ahmed El Beheiry — @CassavaTech @_KingNath — @terraindustries

▶️ The role of AI in sectors from finance to public services ▶️ How governments approach regulation and data strategy in fast-moving markets ▶️ How African firms navigate global technology competition

Earlier that day, Ahmed joins the AI, Innovation & Technology plenary to discuss: ▶️ How digital infrastructure is financed and scaled across the continent ▶️ Where Africa’s next generation of engineers and innovators will come from

Africa's AI moment wont be defined by the models it uses. It will be defined by the engineers, infrastructure and data it builds underneath it. That's the shift Ahmed El Beheiry will explore in his Gala Dinner address at the Oxford Africa Conference on Saturday 16 May.

▶️ Which foundational systems should come first ▶️ What the risk picture looks like for private investors today

As the continent scales fibre, data centres, and sovereign cloud, the panel will explore: ▶️ Whether BOT and BOOT models can deliver infrastructure Africa controls long-term ▶️ How governments balance attracting private capital with retaining strategic capability

How Africa builds its digital infrastructure matters. Who ends up owning it matters more. That’s the conversation our President & Group CEO Hardy Pemhiwa is joining @africaceoforum on the panel "Rise of the BOTs: Building Africa’s Infrastructure in the Age of Tech Sovereignty.”

At Cassava Technologies, we see this as more than a financing milestone. It’s validation of the long-term opportunity to build and scale the infrastructure powering Africa’s digital future. Learn more: cassavatechnologies.com/demand-for-300…

That level of demand sends a clear signal: Africa’s digital infrastructure story is gaining serious institutional backing. With a 115,000 km network across 25+ countries and growing capabilities in cloud, cyber security and AI, Liquid is operating at the centre of that growth.

Capital flows where there is conviction. @LiquidInTech has closed a $660M financing round, including a $300M Eurobond 2.5x oversubscribed in a highly selective market.