U.S. Tech Firm Cybastion Unveils $500 Million Investment to Strengthen Africa’s Digital and Energy Sectors
By Ndiho Media
Abidjan, Côte d’Ivoire—Exciting developments emerged earlier this month at the AmCham Business Summit, where U.S. tech firm Cybastion and its American partners unveiled over $500 million in new agreements across Africa. The move was recognized by the U.S. Embassy as part of a larger initiative to enhance trade and innovation on the continent.
These agreements encompass a range of sectors, including digital infrastructure, cybersecurity, and workforce development. Notable projects include establishing national data centers in Benin and Côte d’Ivoire and launching Safe Cities and cyber command centers in Gabon, Guinea, and Burkina Faso.
Cybastion’s CEO, Dr. Thierry Wandji, emphasized the mission: “Our goal is to create secure, inclusive, and sovereign digital ecosystems” in collaboration with African governments.
In addition to technology initiatives, Yaatra Ventures also signed a significant Memorandum of Understanding (MoU) to co-develop a 200,000 bpd refinery with a local partner in Côte d’Ivoire. This project is expected to generate jobs and enhance the regional energy supply.
Ndiho Media,LLC. 