Actis spends $355m to buy South African cell tower portfolio
Infrastructure investor Actis together with Royal Bafokeng Holdings has entered into an agreement to acquire a 100% stake in Swiftnet, a telecom tower portfolio in South Africa, from Telkom for an enterprise value of ZAR6.75 billion (c.US$355 million). The transaction, which is still subject to ...
April 09
IFC pours extra $30m into Africa Infrastructure Investment Managers’ AIIF4 fund
IFC, a member of the World Bank Group, has carried out a US$30 million equity investment in the Africa Infrastructure Investment Fund 4 Partnership (AIIF4) to finance infrastructure deployments, including digital real estate. The fund, managed by Africa Infrastructure Investment Managers (AIIM), part of the Old Mutual Group, will support projects in the telecoms, renewable ...
January 15
WIOCC’s Open Access Data Centres to launch new capacity at Isando data centre
Open Access Data Centres (OADC) said it is in the final stage of preparing for the launch of Phase Two expansion at its Isando data centre. The added capacity is expected to go live in Q1 of 2024 as mechanical and electrical equipment has now also been ordered. With the investment, the campus will offer 3,000 square metres and 7MW of IT load. The existing site also in...
November 20
Teraco seals off construction of data centre facility in Durban
Hyperscale data centre operator Teraco has concluded the expansion project at its DB1 facility in KwaZulu-Natal, in eastern South Africa. The facility is located in Durban, the country’s third largest city with a population of over three million people, and has direct access to the Seacom, EASSy, MÉTISS, and soon-to-be-deployed 2Africa cable systems that connect the east...
November 15
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