{"id":14878,"date":"2022-08-28T23:26:02","date_gmt":"2022-08-28T23:26:02","guid":{"rendered":"https:\/\/appsaf.apieproject.com\/news\/?p=14878"},"modified":"2022-08-28T23:26:04","modified_gmt":"2022-08-28T23:26:04","slug":"africa-data-centres-use-its-strategic-investment-to-expand-operations","status":"publish","type":"post","link":"https:\/\/appsaf.apieproject.com\/news\/2022\/08\/28\/africa-data-centres-use-its-strategic-investment-to-expand-operations\/","title":{"rendered":"Africa Data Centres use its strategic investment to expand operations"},"content":{"rendered":"<p>Subsequent disbursements from DFC will be used to realise the expansion of ADC\u2019s footprint of data centres in other DFC-eligible African countries. ADC is executing an ambitious plan to build data centres in ten of Africa\u2019s largest economic capitals, including Abidjan, Accra, Lagos, Cairo and Casablanca, and to existing data centres in Johannesburg and Cape Town, further cementing ADC\u2019s position as Africa\u2019s largest operator of a pan-African network of interconnected carrier-neutral data centres.<\/p>\n<p>Tesh Durvasula, CEO of Africa Data Centres, said: \u201cThe increasing demand for cloud and other digital technologies on the continent has directly increased the demand for African data to reside within the continent. This means Africa needs more data centres. We are pleased that our data centre expansion programme in South Africa funded by DFC will cater to the growing demand in the country.\u201d<\/p>\n<p>\u201cThis investment by DFC follows our recent announcement of the US$50 million investment by C5 Capital into Cassava Technologies and a partnership to build cybersecurity operations centres across six markets in Africa,\u201d said Hardy Pemhiwa, President and CEO of Cassava Technologies.<\/p>\n<p>\u201cThrough these investments, Cassava Technologies is building Africa\u2019s digital infrastructure to enable accelerated economic development and ensure a digitally connected future that leaves no African behind.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has Drawn down the first tranche of US$83 million out of the US$300 million strategic investment from the United States International Development Finance Corporation (DFC) approved in 2021. This initial tranche is being applied towards expanding ADC\u2019s data centres in South Africa.<\/p>\n","protected":false},"author":12963,"featured_media":14875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-14878","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Africa Data Centres use its strategic investment to expand operations - APIE NEWS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/appsaf.apieproject.com\/news\/2022\/08\/28\/africa-data-centres-use-its-strategic-investment-to-expand-operations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa Data Centres use its strategic investment to expand operations - APIE NEWS\" \/>\n<meta property=\"og:description\" content=\"Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has Drawn down the first tranche of US$83 million out of the US$300 million strategic investment from the United States International Development Finance Corporation (DFC) approved in 2021. 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