ANGCC and iByond $100 billion smart city project

  • March 16, 2026
  • William Payne

Dubai-based ANGCC Global Investment and iByond Holdings are partnering to deploy up to $100 billion in smart city digital infrastructure in over 90 countries over the next ten years. The 10-year partnership will focus on Africa, the Middle East, South America, and the Asia-Pacific region.

The partnership aims to establish a “Government Operating System,” a unified digital foundation for sovereign nations. The platform will integrate smart city innovations, AI-enhanced data centres, and micro-grid energy solutions to support national development strategies.

The proposed digital ecosystem includes quantum and AI-enhanced data centres powered by photonics, virtual Utility platforms with integrated micro-grid energy management, and “Technopolis” smart city platforms and real-time urban analytics. It will provide digital fiat settlement systems for sovereign transactions, and Causal AI designed for low-data and low-compute environments.

Christopher Condon, CEO of iByond, said the partnership is intended to accelerate the development of infrastructure and AI-driven public services at a sovereign scale. The total project portfolio is estimated at €800 billion, with iByond serving as the exclusive global technology partner.

ANGCC will manage government engagement and capital structuring, including up to $20 billion in combined equity and debt financing. The collaboration will be overseen by a joint steering committee with regional hubs in cities including London, Dubai, Tokyo, and Johannesburg.