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Home Tech

Africa Data Centres investing US$500M for the development of 10 data centers across Africa

TechGist Africa by TechGist Africa
September 9, 2021
in Africa, Data, Infrastructure, Tech
Reading Time: 2 mins read
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Africa Data Centres investing US$500M for the development of 10 data centers across Africa

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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.

Also read: Liquid Intelligent Technologies and Facebook partner to build a fibre network in the DRC

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).

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Via: Tech Gist Africa
Tags: africaAfrica Data Centres investing US$500M for the development of 10 data centers across Africaafrican techBig Datadatadata centreInvestingTechафрикаأفريقياアフリカ非洲
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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