Africa Data Centres Expands Market Footprint as Demand for Cloud Technology Rises

african data center (ADC) has withdrawn the first tranche of its $300 million strategic investment. United States International Development Finance Corporation (DFC) expands its data center presence across Africa.

As a project of the Pan-African Technology Group cassava technologyADC facilitates Africa’s largest network of interconnected carrier and cloud-neutral data center facilities.

DFC Approves First Strategic Investment in ADC back in 2021of which $83 million will be used to expand the reach of the network across the continent.

ADC has its sights set on expansion in South Africa and has confirmed that the majority of its investment will go to that end, but it has lofty ambitions to build data centers in 10 of Africa’s largest economic capitals. I also have a plan. Geographically it includes Abidjan, Accra, Lagos, Cairo and Casablanca.

This will be done in conjunction with improvements to its current data centers in Johannesburg and Cape Town as ADC seeks to consolidate its preeminent market position.

Africa’s data center market currently represents just 1% of the world’s cloud capacity.But the market value of the continent is growth forecast $3 billion within the next three years. At an annual growth rate of about 12%.

Commenting on the expansion of the data center business in South Africa, Tesh DurbasraCEO of ADC, explained how demand for cloud technology is growing with the need to store data in Africa on the continent as well, stating, “Africa needs more data centers. DFC We are pleased that the data center expansion program in South Africa funded by will be able to meet the growing demand in the country.

Hardy PemiwaThe president and CEO of Cassava Technologies, the umbrella group that operates ADC, said the group will C5 capitalwill be used to launch cybersecurity operations centers in six African markets.

Through these investments, Cassava Technologies will build Africa’s digital infrastructure, enabling accelerated economic development and ensuring a digitally connected future that leaves no African behind, added Pemhiwa. Africa has unrealized economic potential unlocked by this investment from DFC.

Pemhiwa said the group’s partnership with DFC aims to “overcome Africa’s lack of digital infrastructure, accelerate adoption of cloud services and digital applications, and make the African continent a competitive destination for international investment.” Confirm cooperation.