Green Revolution - How data centres are answering to the global climate emergency
In the face of the global climate emergency and the European energy crisis, data centres are under increasing pressure to reduce their carbon footprint and enh...
Côte d'Ivoire
Laser Light, WIOCC strike $129 million master services agreement for Africa
Laser Light Companies and WIOCC have signed a five-year US$129 million master services agreement to bulk up Africa’s digital infrastructure backbones. As part of the terms, Laser Light will contract with WIOCC for capacity on terrestrial and subsea cables in and around Africa and support servi...
July 17
Equinix officially begins to operate in Africa as $320m acquisition closes
Equinix, Inc. (Nasdaq: EQIX) has completed its deal to acquire West African data centre and connectivity solutions provider MainOne for an enterprise value of US$320 million. The closing of the transaction marks the beginning of activity by the world’s largest data centre operator which currently enjoys a market capitalisation of US$65.5 billion. The now absorbed MainO...
April 06
Equinix sets $7.25bn revenue target for 2022 and announces 17 expansion projects
Equinix, Inc. (Nasdaq: EQIX) has set its financial guidance for the year of 2022 and the data centre provider is expecting between US$7.202 - US$7.252 billion in revenues, a 9% increase over 2021 or a normalised and constant currency increase of 9 - 10%. The guidance shows an expected adjusted EBITDA of US$3.307 - US$3.337 billion, a 46% adjusted EBITDA margin. ...
February 16
Equinix buys West Africa’s MainOne in $320m deal expanding into the continent for the first time
Equinix, Inc. (Nasdaq: EQIX) said it will expand into the African continent for the first time through acquiring West African data centre operator MainOne. The transaction has an enterprise value of US$320 million and is expected to be AFFO accretive upon close, excluding integration costs. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of c...
December 07
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