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

Whether it’s ordering a pizza or booking your next holiday, all online payments require a bank account—yet over 2 billion adults worldwide remain unbanked, limiting their participation in the digital economy. They rely solely on cash, which cannot be spent online.

Boom Technologies Ltd (“Boom”) bridges this gap by digitising cash and connecting it to the global digital economy, empowering everyone to securely spend, accept, and save cash online—without ever needing a bank, while maintaining robust compliance with AML/KYC regulations. Each transaction is traceable, verified, and compliant with local and international financial regulations.

Digital assets are generally subject to high volatility, regulatory uncertainty, and operational risk. Users should conduct their own due diligence and may wish to seek independent financial advice before engaging in any digital asset activity.

Tokenised Cash on Boom — including the tokenised GBP (bGBP) — should not experience volatility because they are backed 1:1 by GBP-denominated reserves held in-country for the benefit of bGBP holders. These reserves are managed in a Boom Reserve Fund, custodied by regulated financial institutions, and may consist of short-term Government bonds, gold, Bitcoin, and cash.

Boom Technologies Ltd, registered in England & Wales (Company No. 15034868), is not a bank, does not operate as one, and does not intend to become one. Boom is not authorised or regulated by the UK Financial Conduct Authority (FCA).

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).

BOOM Technologies (UK) Ltd © 2025 All Rights Reserved