Africa Data Centres, one of the continent’s leading carrier-neutral co-location data centre providers, has announced plans to build large hyperscale data centres throughout Africa, including the North African countries of Morocco, Tunisia and Egypt.
According to a statement today released from Africa Data Centres, the project will involve building 10 hyperscale data centres, in 10 countries, over the next two years – at a cost of more than $500-million. It is being funded through new equity and facilities from leading development finance institutions and multilateral organisations.
Africa Data Centres CEO, Stephane Duproz, explains that the finance for the roll-out has been provided by equity and loans to Africa Data Centres’ parent company, Liquid Intelligent Technologies, to fully fund the expansion. Continue reading