April 8, 2025Blockchain

PHOTON Issues Request for Expression of Interest (RFEI) from African Governments

Boom Technologies Ltd. (“Boom”) proudly announces PHOTON, an ambitious pan-African initiative to establish decentralised, gigawatt-scale AI data centres across the continent. PHOTON marks the dawn of Africa's golden age in Generative Artificial Intelligence, data sovereignty and technological empowerment.

PHOTON’s mission is to democratise access to state-of-the-art AI infrastructure, enabling African businesses, startups, researchers, financial, medical and academic institutions to benefit from "African Intelligence” - AI that embodies Africa’s history, values and languages. PHOTON will drive innovation, create millions of jobs, and establish Africa as a leader in Generative AI.

As part of this visionary effort, Boom is inviting African governments to submit a Request for Expression of Interest (RFEI) to host PHOTON’s initial seven AI data centres. To be considered, countries must have acquired their Sovereign Reserve Allocation of Boomcoin (BMC), the pan-African digital currency enabling instant worldwide cross-border transactions in local currencies, offer compelling investment incentives, and ensure reliable, uninterrupted power supply.

“Photon ushers in Africa’s AI Sovereignty, empowering it with the capacity to design, develop, host and deploy AI systems that reflect and advance the continent’s own narratives, values, and interests,”said Peter Alfred-Adekeye, Founder of Boom Technologies and PHOTON. “We envision an Africa not confined to low-level tasks like training AI models for $2 an hour, but leading the global AI revolution with innovative solutions that are inclusive and deeply rooted in our rich African identity and culture.”

Powered by open-source technologies, energy-efficient designs, and cutting-edge hardware, PHOTON will offer ultra-low-cost API access, payable in local currencies or BMC, creating an inclusive, currency-agnostic digital economy for Africa.

Request for Expression of Interest (RFEI)

Boom is seeking seven African nations to host PHOTON’s first set of AI data centres. Eligible countries must:
• Have acquired their Sovereign Reserve Allocation of BMC.
• Offer compelling incentives for investment and development.
• Ensure stable, uninterrupted power for gigawatt-scale operations.

Interested governments should contact photon-rfei@boom.market no later than Friday 30th May 2025 when this RFEI closes.

“We’re excited to collaborate with forward-thinking governments committed to Africa’s AI-driven future,” added Alfred-Adekeye.

About Boom Boom is the global online commerce, payment, and settlement system for cash. It enables the world to spend, save and accept cash online, without banking. Prior to Boom, the only way to transact online was through the banking system, which excluded billions of adults and businesses in cash-based economies such as Africa.

To learn more, please visit https://www.boom.market

About PHOTON

PHOTON is a pan-African initiative to establish decentralised, gigawatt-scale AI data centres across the continent.
To learn more, please visit https://pan-african.ai

For media inquiries, contact:
photon@boom.market


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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