13 °c
London
Sunday, April 18, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

East Africa Data Centre roll out US$1.2M solar investment

The Exchange by The Exchange
October 30, 2020
in Africa, Development, DFI, East African Community, Energy, Infrastructure, Solar power
Reading Time: 2 mins read
0
Swaziland launches tender for its second solar park
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

East Africa Data Centre (EADC) Asset Company has finalized a US$1.2M investment in design, installation, and maintenance of commercial and industrial solar systems conducted jointly with Distributed Power Africa (DPA) and Mettle Solar.

EADC is a subsidiary of Liquid Telecom and is Kenya as well as Africa’s first and largest network of an interconnected, carrier, and cloud-neutral data centre facilities. It is part of Africa Data Centres, a chain of data centres spread across Africa with hubs in Johannesburg, Kigali, Nairobi and Harare.

DPA AND Mettle Solar’s partnership seeks to provide solutions to industries in Africa looking to meet their technical and financial challenges while investing in renewable energy. The solar plant will enable EADC to significantly lower their overall energy costs whilst at the same time reducing their carbon footprint.

Also read: South Africa: Liquid Telecom raises ZAR 5B in rights offer

“We are excited to have a DFI-backed company like Mettle, as a co-investor alongside DPA. With sub-Sahara Africa experiencing major power cuts, businesses in Africa are increasingly interested in affordable and reliable energy. We also believe energy to be a fundamental pillar in supporting Africa’s economic development, and this unique partnership is an important building block towards realizing our vision of a digitally connected future that leaves no African behind.” said Norman Moyo, DPA Africa CEO.

DPA is also part of the Econet Global Ltd group controlled by Zimbabwean businessman Strive Masiyiwa. Many parts of Africa struggle with reliable electricity supply, prompting energy-intensive businesses such as data-centre operators to seek alternative sources. DPA also offers batteries made by Tesla Inc, and uses one itself to power the head office in Zimbabwe.

Mettle Solar is a Gridworks investee company, financed by CDC Group plc, the UK’s development finance institution. CDC Group also provided debt funding to the project through a facility made available via CDC Group’s Resource Efficiency Facility.

Francois Van Themaat, Mettle Solar CEO said, “We are very happy and excited to be working with DPA to help reduce the energy costs and carbon footprint of the largest data centre in East Africa. We look forward to building on this partnership and to keep on playing our part to assist businesses across the region with their energy needs.”

Original article on The Exchange

Related

Tags: africaCDC Groupclean energyDevelopment Finance InstitutionDFIDistributed Power AfricaEACEast AfricaEast Africa CommunityEast Africa Data CentreEast Africa Data Centre roll out US$1.2M solar investmentEconet Global Ltd.EnergyLiquid TelecomMettle Solarrenewable energyStrive Masiyiwaафрикаأفريقياアフリカ非洲
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

Angola Development Bank finances 500 agricultural projects

Next Post

AfCFTA key in driving auto sector investment in Africa

The Exchange

The Exchange

News analysis and comment from the The Exchange, a leading publication providing economic news and analysis on the capital markets of Africa, with a specific interest in Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia and Congo. We provide features in banking, capital markets, energy, mining, manufacturing and industrial development.

Related Posts

Rwanda tapping into Agri-tourism
Agriculture

Rwanda tapping into Agri-tourism

by Taarifa Rwanda
April 18, 2021
South Africa: Western Cape sees increase in domestic travel over Easter weekend
Weekend

South Africa: Western Cape sees increase in domestic travel over Easter weekend

by FurtherAfrica
April 17, 2021
Water

Zimbabwe to export water to South Africa

by Staff
April 16, 2021
Conference Access to Africa coming to Dakar, Senegal
Conference

Conference Access to Africa coming to Dakar, Senegal

by FurtherAfrica
April 16, 2021
Soon, Africa’s largest utility will not own any power lines
Energy

Tanzania rural electrification project continues to make progress

by Staff
April 16, 2021
Next Post

AfCFTA key in driving auto sector investment in Africa

Angola Free Trade Zones Law

Angola approves Free Trade Zones Law

Robert De Niro’s Nobu to open hotel in Marrakech – first in Africa

Robert De Niro’s Nobu to open hotel in Marrakech - first in Africa

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?