BitValue Capital announced the launch of its Africa Growth Fund II with $200 million in capital commitments, aiming to build a vertically integrated digital infrastructure platform across Africa in partnership with FLock.io.
The fund is designed to transition Africa’s economic model from traditional resource extraction toward high-value digital infrastructure by leveraging the continent’s natural energy resources to power computing and industrial development.
Africa Growth Fund II will focus on developing an integrated “energy, mining, computing, and application” ecosystem. The strategy includes tapping into coal, solar, and wind resources to establish stable, low-cost baseload power capable of supporting large-scale computing operations. This energy foundation is expected to enable the development of industrial parks housing data centers and digital asset mining operations, with a longer-term shift toward GPU-based AI computing clusters.
The company said the infrastructure will also support downstream industries such as mining, smelting, and manufacturing, with AI-driven optimization to improve efficiency and productivity. In addition, the fund plans to invest in and partner with local stakeholders to ensure long-term operational sustainability and regional integration.
Through its collaboration with FLock.io, BitValue Capital will deploy privacy-preserving AI node centers across its industrial sites. These centers will utilize federated learning and secure computing technologies to enable AI model training while maintaining data sovereignty and security within local jurisdictions.
The initiative reflects a broader push to convert Africa’s energy advantages into global AI computing capacity, positioning the region as a key player in next-generation digital infrastructure.

