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Home Data Intelligence

Africa Data Centres will invest $500 million in the development of ten data centers across Africa

Tech Gist Africa by Tech Gist Africa
09/07/2021
in Data Intelligence, The Big 5
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Africa Data Centres has revealed plans to create vast hyper-scale data centers in ten African countries, boosting employment and economic growth among other things.

The project, which will cost more than USD 500 million and be completed over the next two years, will be financed with fresh equity and facilities from prominent development financing institutions and international organizations.

The company stated that it will invest in innovative grey-water systems, garbage disposal, and renewable energy sources in order to cut carbon emissions.

The company, which is a subsidiary of Liquid Intelligent Technologies (formerly Liquid Telecom Kenya), already operates nine data centers across Africa.

Mr. Stephane Dupro, CEO of Africa Data Centres, stated that the company has purchased the property in individual countries in preparation for the building of the facilities, which would be interconnected.

“Examining Africa’s growth trajectory has allowed us to confidently commit to expanding selected existing locations, resulting in the largest investment of its kind in history,” he said. “The impact of a data center is long-lasting, with immediate job creation stemming from the physical build and enduring economic growth once operational,” he added.

The data centers, he said, will provide high-speed data facilities, which will entice multinational companies looking to break into the African market.

“Through the continual deployment of capital-intensive infrastructure projects, our commitment to Africa has important knock-on implications for the communities and economies we serve,” he continued.

Banking and rising fintech industries, insurance and medical organizations, the public sector, hyper-scale cloud providers, content providers, and Small and Micro Enterprises are among the sectors that would profit from the centers (SMEs).

 

Read more on Tech Gist Africa:

The 2Africa Consortium has announced the opening of new cable branches

Vodafone and Google Cloud have joined forces to develop an industry-first global data analytics platform

Africa Data Centres to build a 10-megawatt facility in Lagos, Nigeria

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