Vertiv, a global critical digital infrastructure provider, is significantly expanding its presence in Africa, focusing on developing AI-ready data centers and sustainable power solutions to support the continent's rapid digital transformation.

• Vertiv operates five offices across Africa, including Nairobi, which serves Kenya and 15 surrounding countries.
• The company offers a unique hybrid solar DC power system, designed and manufactured for Africa, capable of running fully off-grid.
• Key sectors driving demand for Vertiv's solutions include data centers, telecoms, and commercial & industrial, with strong growth fueled by AI workloads.
• Roughly half of new African projects now incorporate liquid cooling solutions due to soaring power densities per rack, reaching over 250 kW.
• Wojtek Piorko, Managing Director for Vertiv Africa, highlights Africa's young, data-hungry population as the primary driver of future digital growth.

Yellow Card has announced the appointment of Gillian Darko as its new Vice President of Strategy. Darko will be responsible for the company’s long-term strategic planning, innovation, and entry into new markets.

• Darko previously served as Yellow Card’s Chief of Staff and Director of Strategy.
• She brings experience from global and African institutions including JP Morgan Asset Management, PwC, and JUMO.
• Darko also serves as an Ambassador for Women in Payments Africa, advocating for gender diversity in fintech.

TLcom Capital's TAPSI Fund, a $5 million pre-seed investment vehicle, has reached 50% deployment with its participation in the $2 million seed round of South African travel payments platform TurnStay. Launched in 2022, TAPSI provides African startups with up to $200,000 in pre-seed funding, serving as a direct pipeline to TLcom's larger $154 million TIDE Africa Fund II.

• TurnStay, the latest addition to the TAPSI portfolio, tackles cross-border payments in the African travel sector, enabling merchants to accept payments in travellers' home currencies and settling locally in stablecoins, reducing processing fees by up to 70%.
• The TAPSI portfolio includes startups across various markets and sectors, such as Nigeria’s Talstack, Sudan- and Ethiopia-focused Bright Financial, Egypt’s Tradehub, and Kenya’s Agrails.
• Partner at TLcom Capital, Eloho Omame, emphasized the pre-seed strategy's importance in expanding their portfolio and supporting founders early in their journeys to build significant value.