WIOCC Holding Company Limited has completed a US$200 million debt and equity capital raise which will be used to expand its connectivity within Africa and internationally as well as launch a new pan-Africa data centre operator in a move set to rival other digital infrastructure businesses including recently launched Cassava Technologies. The new hosting arm has been named O...

Cassava Technologies’ data centre business arm Africa Data Centres said it will expand its capacity in Johannesburg to 100MW of IT load. In addition, the operator has plans to expand its hyper-scale and enterprise-focused data centres at its existing campuses in Midrand and Samrand and is securing land for a third location. The announcements follow the recent launch of...

Independent telecommunications infrastructure house IHS Holding Limited (IHS Towers) (NYSE: HIS) has signed agreements to acquire 5,709 telecommunication towers in South Africa from Mobile Telephone Networks Proprietary Limited (MTN). The transaction caters a cash and debt consideration of ZAR6.4 billion (US$410 million), and excludes IFRS 16 lease liabilities estimated to ...