American Tower, Airtel Africa enter joint tower real estate rollout agreement
Global TMT REIT American Tower Corporation’s African operations (ATC Africa) and Airtel Africa plc (Airtel Africa) have entered into a multi-year, multi-product agreement, leveraging ATC Africa’s portfolio of communications sites and new site and product development capabilities across its foot...
October 11
Digital Realty’s Medallion Data Centres appoints new CFO
African data centre operator Medallion Data Centres has appointed Dr Oluseyi Olanrewaju as its new Chief Financial Officer (CFO). Dr Olanrewaju has over 20 years of executive experience across global multi-billion-dollar companies. Prior to his appointment, he was the Executive Director of Finance, Board member, and Chief Financial Officer (CFO) at Vodacom Business Afric...
September 19
Africa Data Centres partners up with Nigeria’s IXPN
Africa Data Centres, part of digital infrastructure investor house Cassava Technologies, has entered into a partnership with Nigeria's principal internet exchange point: IXPN. The joint venture has been created to help Nigerian users migrate their data nationally and cross border, utilising Africa Data Centres’ facilities and IXPN for hosting and transfers. In t...
September 17
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
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