February 14, 2025Blockchain

Introducing Photon - a groundbreaking Pan-African AI Data Centre Infrastructure initiative poised to revolutionise the continent.

Over the next five years, Photon will build decentralised, state-of-the-art gigawatt-scale AI data centres across Africa, positioning the continent at the forefront of the global AI revolution.

Photon marks the dawn of Africa's golden age in Generative Artificial Intelligence, data sovereignty, and economic empowerment. By creating millions of jobs, Photon will ignite sustainable growth across the continent, positioning Africa as a global leader in AI and technology.

Through its AI Infrastructure-as-a-Service, Photon is democratising access to world-class AI tools and resources for African businesses, startups, researchers, and academia, enabling them to integrate “African Intelligence”into their solutions, and compete globally with fairness and authenticity.

Photon’s data centres will be built using open-source AI technologies and cutting-edge hardware and software. The platform’s ultra-low-cost API input/output fees will be payable in Boomcoins (BMC), offering a secure, efficient, and inclusive model for Africa’s digital economy.

Led by Boom Technologies, Photon welcomes collaborations with partners across all sectors of the data centre ecosystem, including software, hardware, Internet connectivity, land, cooling, and power.

Together, we can build the foundation for Africa’s digital future and ensure the continent plays a central role in shaping the global AI revolution.

  • Peter Alfred-Adekeye
    Founder, Boom & Photon
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Whether it’s ordering a pizza or booking a holiday, every online payment has relied on the global banking system — leaving over 2 billion adults, holding $33 trillion in cash, unable to participate. At the same time, the banking system often lacks resilience, with outages disrupting global payments.

Boom digitises cash into stablecoins, bridging the offline and online economies and enabling anyone, anywhere to spend, accept, and save money online — securely, instantly, and without a bank account.

Each Boom stablecoin, including bGBP, is 100% backed by GBP reserves held and managed in-country by regulated financial institutions and invested in short-term government bonds, ensuring stability, transparency, and compliance from day one.

Boom Technologies Ltd is registered in England and Wales (No. 15034868). Boom Markets Ltd is registered under SCUML (No. SC151839892) in accordance with the Money Laundering (Prevention and Prohibition) Act, 2022.

Over 2 billion adults worldwide remain unbanked, limiting access to the digital economy. Most online payments require a bank account, but many still rely on cash, which can’t be used online.

Boom Technologies Ltd (“Boom”) digitises cash, enabling anyone to securely spend, accept, and save it online—without needing a bank account. Transactions are verified, traceable, and compliant with AML/KYC standards.

While digital assets involve volatility and regulatory risk, Boom’s tokenised GBP (bGBP) is backed 1:1 by GBP reserves held by regulated custodians. These may include government bonds, gold, Bitcoin, and cash.

Boom is not a bank and is not authorised or regulated by the UK Financial Conduct Authority (FCA).

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