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 curren...
April 06
MTN lines up $1bn for Ghana digital infrastructure rollout
MTN said it plans to invest R15 billion (US$1.05 billion) in telecommunications infrastructure deployments across Ghana. The capital is set to be spread over a five-year rollout that will interconnect with rival operators in for roaming and airtime distribution. “Beyond the opening of its systems and digital channels for the distribution of other operators' airtime, MT...
March 03
Exclusive: Knight Frank trading $2bn of London data centre estate, eyes 600MW development in Middle East and Africa
Real estate broker group Knight Frank has leased and is in the process of brokering data centre developments in London in the excess of £1.53 billion (US$2.03 billion). A total of 166.5 acres of land in the capital’s region have been transactioned, with an IT power capacity pushed to nearly 1GW across ten locations. LOCATIONLAND SIZEVALUEIT POWER PLANNEDSlough40-a...
February 22
Africa’s PAIX Data Centres to enter new markets with $20m Series B round
African data centre operator PAIX Data Centres has secured a US$20 million equity investment from institutional investor Africa50. The tranche will be used to fund the company’s data centre capacity expansion and growth plans into new African data centre markets. Founded in 2016, PAIX currently operates two data centre facilities: one in Accra, Ghana, and another in Na...
February 21
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