Africa Data Centres has announced a plan to build 10 data centers across 10 African countries over the next two years.
The Pan-African company aims to invest $500 million in doubling its footprint and building facilities in the likes of Morocco, Tunisia, and Egypt, and will be funded through new equity and facilities from leading development finance institutions and multilateral organizations through ADC’s parent company, Liquid Intelligent Technologies.
“We have already begun to acquire land in these countries and plan to roll-out very quickly to meet the needs of our existing and new customers,” Africa Data Centres CEO, Stephane Duproz.
“Examining Africa’s growth trajectory has allowed us to make investment decisions on new locations and confidently commit to expanding selected existing locations, resulting in the largest investment of its kind in history.”
A 2021 report from African Data Centres Association (ADCA) and Xalam Analytics said that the continent needs 1000MW & 700 data center facilities in order to meet demand and bring the rest of Africa up the same density as South Africa.