Africa ’s Largest Data Center Operator Invests US $ 220 Million To Expand Construction

- May 14, 2020-

Africa ’s Largest Data Center Operator Invests US $ 220 Million To Expand Construction

 

It is reported that the largest data center operator in Africa, Teraco Data Environments, plans to invest 4 billion rand ($ 220 million) in Africa to expand the scale of data center construction to meet the increasing demand for data as the African continent fights against coronavirus .

 

Africa ’s Largest Data Center Operator Invests US $ 220 Million To Expand Construction


Jane Hnizdo, the company's chief financial officer, said in an e-mail comment that the company is expanding its data center facilities in Johannesburg and has begun construction of a new data center in Cape Town. He said the plans will be funded by shareholders including private equity firms Berkshire Partnership LLC and Pemira Holdings LLC, while Teraco will draw the promised funds from lender Absa Group Co., Ltd.

 

The company is investing to meet the demand that Xalam Analytics estimates that its demand is growing three times faster than supply. With the improvement of Internet access on the African continent and the adoption of cloud-based technologies by enterprises, the growth rate will be three times that of supply. Times. Hnizdo said that the outbreak of coronavirus is accelerating the digitization process, because the company turned to remote work and content streaming during the blockade in response to the epidemic.

 

South Africa is regarded as a good base for providing services to other parts of Africa due to its infrastructure and skilled labor. Microsoft, Huawei Technologies and Amazon have recently established data centers in Cape Town or Johannesburg.


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