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
NetActuate opens second Africa data centre as it targets fastest-growing markets
Network and infrastructure solutions provider NetActuate has established a new data centre footprint in Accra, Ghana. This location is NetActuate’s second in Africa and adds on 168 square metres and 315kVA site power. The facility, managed by institutional investor Africa50-backed PAIX Data Centres, has room for further expansion, according to the group’s website. ...
April 13
Kuwaiti $7bn real estate giant to build data centre parks across MEA
Real estate group Agility Logistics Parks (ALP) has unveiled plans to deploy data centre campuses in Saudi Arabia, Kuwait, Egypt and Ghana. The facilities are to be built within ALP warehousing complexes in a sign of the growing real estate repurpose trend which is fostering the development of data centres in several markets. ALP has readied data centre campuses in its e...
March 07
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
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers
