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Business & Investment

NVIDIA Invests in Cassava Technologies, Boosting Africa’s AI Expansion

 Global computing giant NVIDIA Corporation has made a strategic investment in Cassava Technologies, marking a major step in the expansion of Africa’s digital and artificial intelligence infrastructure...

Z
ZimNow Reporter Contributor
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Published 28 October 2025 • 4:13 am
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Updated 27 October 2026 • 3:02 am
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Read time 5 min read
Tags #Zimbabwe #Cassava #Nvidia #Africa Data Centres #FEDA #Sasai Fintech #Econet Group #Google LLC Afreximbank #Finnfund

 

Global computing giant NVIDIA Corporation has made a strategic investment in Cassava Technologies, marking a major step in the expansion of Africa’s digital and artificial intelligence infrastructure.

The undisclosed investment gives NVIDIA a direct stake in Cassava, a U.K.-headquartered technology group operating across Africa, the Middle East, and Latin America. Cassava’s business units include Liquid Intelligent Technologies, Africa Data Centres, Liquid C2, Cassava.ai, and Sasai Fintech — offering digital infrastructure and services in 94 countries.

Announcing the deal, Hardy Pemhiwa, President and Group Chief Executive Officer of Cassava Technologies, described the investment as a significant milestone for the company.

“Cassava is Africa’s leading technology company, driving the continent’s digital transformation through digital infrastructure and services. Securing this investment is an important milestone that we expect will unlock additional value and catalyze the further expansion of our infrastructure and services to bridge the digital divide on the continent,” said Pemhiwa.

The investment strengthens an existing partnership between NVIDIA and Cassava aimed at rolling out AI-ready data centers across Africa. Cassava is leading a US$700 million initiative to establish such facilities in Kenya, South Africa, Nigeria, Egypt, and Morocco. 

These centers are expected to host tens of thousands of NVIDIA’s graphics processing units for AI model training and enterprise computing.

Cassava’s growing investor base now includes major global and regional players such as Econet Group, Google LLC, the International Finance Corporation, British International Investment, Afreximbank’s Fund for Export Development in Africa, Finnfund, Gateway Capital, Royal Bafokeng Holdings, and South Africa’s Public Investment Corporation.

NVIDIA’s addition to this list signals increasing global confidence in Africa’s digital infrastructure market, as demand for high-performance computing continues to rise across sectors such as financial technology, agriculture, and manufacturing.

The move also aligns with NVIDIA’s global strategy to expand GPU-powered infrastructure in regions with historically limited computing capacity — positioning the company at the center of Africa’s emerging AI ecosystem.

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