The European Commission published details of EU support for a JOD 10 million (USD 14.1 million) European Bank for Reconstruction and Development loan to Aqaba Digital Hub in Jordan, aimed at expanding the group's existing data centre. The package also includes technical assistance for the launch of the Aqaba Digital Academy and grant support for green technology investments. The loan will fund fit-out works at the existing site, settlement of supplier commitments and construction of a second hall at what the release describes as Jordan's largest Tier 3 carrier-neutral data centre. Capital Bank of Jordan is acting as a parallel lender. EU backing is provided through a first-loss guarantee under the European Fund for Sustainable Development Plus Digital Transformation Platform, while the EBRD's Finance and Technology Transfer Centre for Climate Change will provide a complementary grant. The academy support is intended to deliver information and communications technology and cybersecurity training, with a focus on women and young people.
European Commission 2026-05-07
European Commission supports JOD 10 million EBRD loan to expand Jordan's Aqaba Digital Hub
The European Commission detailed EU support for a JOD 10 million (USD 14.1 million) EBRD loan to Aqaba Digital Hub in Jordan to expand the country’s largest Tier 3 carrier-neutral data centre, with Capital Bank of Jordan as a parallel lender. EU backing includes a first-loss guarantee under the European Fund for Sustainable Development Plus Digital Transformation Platform, a complementary grant from the EBRD’s Finance and Technology Transfer Centre for Climate Change, and technical assistance for the Aqaba Digital Academy to deliver ICT and cybersecurity training focused on women and young people.