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Africa Data Centres secures ZAR2bn for South African expansion

The funding will enable the augmentation of the group's hyperscale data centre capacity by an additional 20MW.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 17, 2024 | 4:47 PM BST

Africa Data Centres secures ZAR2bn for South African expansion

Hardy Pemhiwa, President & Group CEO of Cassava Technologies

The Tech Capital

Africa Data Centres (ADC), a subsidiary of Cassava Technologies, has secured a ZAR2 billion facility (equivalent to US$108.9 million) to expand its data centre capacity and cater to the increasing demand for cloud computing services in South Africa.

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João Marques Lima

Founder and Editor, The Tech Capital

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