HostAfrica Announces Acquisition of Web4Africa, Strengthens African Web Hosting Market Leadership Position

Industry Information 01 Aug 2024 02:22:42 PM By:DN domain name editor
Abstract:

HostAfrica (stylized as HOSTAFRICA), Africa's leading provider of cloud infrastructure and web hosting services, today announced that it has acquired Web4Africa, a leading pan-African web hosting company accredited by ICANN.

HostAfrica (stylized as HOSTAFRICA), Africa's leading provider of cloud infrastructure and web hosting services, today announced that it has acquired Web4Africa, a leading pan-African web hosting company accredited by ICANN.The acquisition will further consolidate HostAfrica's presence in the African marketplace and strengthen its operations in Nigeria and Ghana. Strengths.

Headquartered in Cape Town, South Africa, HostAfrica specializes in providing fast, cloud-based virtual and dedicated servers, web and e-commerce hosting, domain names, backups and reseller programs. Web4Africa, on the other hand, was founded in 2002 and is known for its strong customer base and ICANN-accredited status in Nigeria and Ghana.

HostAfrica Announces Acquisition of Web4Africa, Strengthens African Web Hosting Market Leadership Position

Web4Africa currently has over 70% of its customers from Nigeria, which enables HostAfrica to further expand its market share and reach through this acquisition. In addition, Web4Africa's operations in Ghana and its strength in the African country code top-level domains (ccTLDs) will help HostAfrica to offer a wider and stronger range of services.

Michael Osterloh, CEO of HostAfrica, welcomed the acquisition, “We congratulate Oluniyi on his selection of HostAfrica and the completion of the acquisition. His hard work and dedication in building and growing Web4Africa cannot be overlooked. We look forward to integrating Web4Africa's exceptional team into our operations. This acquisition will cement our position as the top hosting provider in Africa.”

The consolidation of this acquisition bodes well for the potential of the African web hosting services market and is expected to provide the region's infrastructure and services with new technological investments and local data center enhancements to improve the reliability, speed and security of services.

FanBase.com changes hands for $431,400!

FanBase.com changes hands for $431,400!

FanBase.com was sold for $431,400, representing a 185% increase in profits in less than five years.

Industry Information 09 Feb 2025 03:09:05 PM

Alibaba acquires QwenChat.com domain name for $30,000

Alibaba acquires QwenChat.com domain name for $30,000

Alibaba purchased the domain name QwenChat.com for $30,000. Behind this transaction, the domain name registrant only held the domain name at a cost of $10, and realized a 3,000-fold return in just two months.

Industry Information 09 Feb 2025 03:09:08 PM

Microsoft CoreAI department established, but faces domain name disputes and challenges

Microsoft CoreAI department established, but faces domain name disputes and challenges

Microsoft recently announced the establishment of a new department, CoreAI, to advance the company's strategic layout in the field of artificial intelligence.

Industry Information 06 Feb 2025 10:18:33 AM

Beware! Where will account security go under the Google OAuth vulnerability?

Beware! Where will account security go under the Google OAuth vulnerability?

Recently, trufflesecurity published an article pointing out that there is a vulnerability in Google's OAuth, which allows others to purchase the domain names of defunct startups and use them to create email accounts for former employees.

Industry Information 04 Feb 2025 12:54:15 PM

Protecting online brand security,Domain name monitoring is indispensable

Protecting online brand security,Domain name monitoring is indispensable

In today's digital age, network security has become a key link in corporate operations that cannot be ignored. Among them, domain name monitoring, as an important means of network security, is gradually entering the vision of enterprises.

Industry Information 02 Feb 2025 01:01:47 AM

Domain forwarding: a key boost to corporate network development

Domain forwarding: a key boost to corporate network development

In the wave of digitalization, the importance of a company's online image is self-evident, and domain name management is a key link. Domain name forwarding technology, although often mentioned, has not received enough attention.

Industry Information 31 Jan 2025 11:23:35 AM

HostAfrica Announces Acquisition of Web4Africa, Strengthens African Web Hosting Market Leadership Position