ITWeb TV: Africa Data Centres spends $500m in continental push

Africa Data Centres News

ITWeb TV: Africa Data Centres spends $500m in continental push
Cloud ComputingAngus HayData Centre Market
  • 📰 ITWeb
  • ⏱ Reading Time:
  • 40 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

Expansion plans are in action and the company is seeing prospects from Morocco to Cape Town, says Dr Angus Hay, ADC regional executive.

Africa Data Centres , owned by Cassava Technologies , is on a $500 million expansion drive, which will see the company establish a presence from North to Southern Africa.

International companies, such as Equinix and Digital Realty, are rapidly building data centres on the continent. Hyperscalers like Amazon Web Services, Microsoft and Google are also making massive investments in data centres in Africa. “At the moment, we have a capital plan in progress; you can see from the expansion we are doing, the construction in Cape Town and the building in Samrand. That is all being funded from a large capital pool of $500 million , and that is a combination of debt and equity within the larger Cassava Technologies Group.”

“We have expansion plans; we recently acquired land in Cape Town much closer to our landing cable. That is a facility we will start building soon. It will rival the Samrand as being a true hyperscaler 20MW facility.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ITWeb /  🏆 45. in ZA

Cloud Computing Angus Hay Data Centre Market Cassava Technologies Hyperscalers

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: Data Curation Workshop Seeks to Strengthen Sharing of Data On Disease-Causing Pathogens in AfricaPress Release - As part of its programme to expand capacity in and support for pathogen genomics around Africa, the Africa Centres for Disease Control and Prevention hosted its first training in data curation, a pillar of modern data science.
Read more »

Africa Data Centres in R2-billion capital raiseAfrica Data Centres in R2-billion capital raiseAfrica Data Centres, a subsidiary of Cassava Technologies, has secured R2-billion in funding arranged by RMB.
Read more »

Africa Data Centres eyes major expansion after R2 billion injectionAfrica Data Centres eyes major expansion after R2 billion injectionWith a fresh new R2 billion, Africa Data Centres will expand its local facilities by 20MW of capacity, it said in a statement.
Read more »

Africa Data Centres in expansion drive after R2bn fundingAfrica Data Centres in expansion drive after R2bn fundingThe funding will allow the company to expand its data centre capacity and meet the growing demand for cloud services in SA.
Read more »

South Africa wants data centres to go off-gridSouth Africa wants data centres to go off-gridThe Department of Communications and Digital Technologies says data centre providers should prioritise backup power and water supplies.
Read more »

ITWeb TV Biz: NTT DATA bridges global innovation with African rootsITWeb TV Biz: NTT DATA bridges global innovation with African rootsIn the first episode of ITWeb TV Biz, NTT DATA executives provide the inside track on Dimension Data’s rebranding, and its latest service offerings and objectives.
Read more »



Render Time: 2025-02-15 00:33:22