Mozambique data centre market grows with site’s breaking ground in Maputo
Mozambique’s internet users has more than doubled in the last six years which in its turn is driving the push for further digital infrastructure across the country. The new round of investments has come from pan-African data centre developer Raxio Group which has broken ground on a Tier-III da...
October 03
Digital Realty consolidates Africa play with closing of $3.5bn Teraco takeover
US data centre REIT Digital Realty (NYSE: DLR) has completed the acquisition of a majority 55% interest in Africa-based provider Teraco. The stock has been bought from a consortium of investors, including Berkshire Partners and Permira, in a transaction valuing Teraco at approximately US$3.5 billion. The acquisition of Teraco adds South Africa to Digital Realty's three e...
August 01
Huawei lines up for Africa data center expansion
With Africa’s data centre decade in full swing, Chinese multinational Huawei said it will step up its data centre investments across the continent. The deployments are set to be done through partnerships with several countries similar to the company’s latest project in Senegal. According to Philippe Wang, Vice President of Public Affairs and Communications for Huawei...
December 20
US data centre REIT Digital Realty’s $500m Africa gamble lands Nigeria acquisition and fuels wider expansion
Colocation operator Digital Realty (NYSE: DLR) has further penetrated into the African continent becoming the US’ first pure real estate investment trust (REIT) to be present on three countries beating rivals including Equinix (NASDAQ: EQIX), CyrusOne (NYSE: CONE), and CoreSite Realty (NYSE: COR). The move has been carried out through the acquisition of Nigeria's colocati...
October 25
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