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The Tech Capital's Special Article
Barney Harmse, group CEO of ICT infrastructure development company Paratus Africa, discusses the current state of the African data centre market and how the sector will evolve in the coming years.
Co-founder and Editor, The Tech Capital
August 13, 2021 | 12:51 PM BST
Often deemed as one of the world’s largest investment opportunities, Africa’s data centre economy is posed for great growth this decade, as consumers, businesses and governments digitise.
With nearly 1.4 billion people and expected to reach a population of over 1.7 billion by 2030, Africa’s internet penetration sits at around 43%, below the world’s average of 64%. But things are set to change dramatically, and fast.
To discuss this in more detail, joining The Tech Capital’s João Marques Lima is Barney Harmse, group CEO of ICT infrastructure development company Paratus Africa.
Harmse talks through the current data centre landscape on the continent as well as the investment sentiment and trends driving growth, including the impact brought upon businesses by the Covid-19 Pandemic.
The chief executive also explains Paratus’ structure and strategy as it becomes one of Africa’s largest digital infrastructure operators servicing 26 countries. With recurring revenues on an upwards trend and credit facilities in place for further development, Harmse also talks about expansion, growth and partnerships.
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