Fintech International Investments

Africa Data Centres announces that it will start construction on a new facility in Accra, Ghana

Africa Data Centres (www.AfricaDataCentres.com), the largest network of interconnected, carrier-and cloud-neutral data centre facilities on the continent, announces that it will shortly start construction on its newly acquired land in the Central Business District of Accra, Ghana. The new facility has been designed for an initial 10 MW, which can expand to 30MW depending on demand. It will be the largest facility in West Africa todate, outside of Nigeria.

 

Data centres are the foundation of digitally led economic growth around the world; developing sustainable and self-sufficient ICT ecosystems is impossible without them. The new facility will be built within the scheme of the Ghana Trade Fair Redevelopment Project at La in Accra, one of the key central locations in the city. The first phase is scheduled to be completed within 12 months.

This new facility is part of Africa Data Centres’ continental expansion plans spanning 10 of Africa’s major economic hubs, including South Africa, Zambia, Kenya, Rwanda, Egypt, Morocco, Senegal, Ivory Coast, and Angola. This unrivalled expansion, partly funded by the United States government’s U.S. International Development Finance Corporation (DFC), is a significant initiative to accelerate private sector-led digital infrastructure and services in Africa.

This new facility in Accra will be an investment in critical infrastructure helping to better link the rapidly growing African population and market to global opportunities

“We continue to bring internationally recognised services and products through Liquid Intelligent Technologies and Africa Data Centres. Liquid already has the largest cross-border fibre network in Africa, and our data centres footprint expansion compliments this, enabling faster digital transformation on the continent,” says Hardy Pemhiwa, Group CEO for Liquid Intelligent Technologies.

Mr. Scott Nathan, CEO of the U.S. International Development Finance Corporation (DFC)said, “DFC is proud to support African Data Centres. This new facility in Accra will be an investment in critical infrastructure helping to better link the rapidly growing African population and market to global opportunities. DFC’s commitment to strengthen ICT Infrastructure in West Africa is in keeping with the commitments President Biden made to mobilize private capital for the kind of high quality global infrastructure investments that improve peoples’ lives. This new data centre will help accomplish that in Ghana and for the region, creating jobs by improving existing business conditions while at the same time attracting data-dependent companies looking to invest and expand their operations.”

The US Government’s Senior Advisor Mr. Amos Hochstein said, “This investment exemplifies the U.S. Government’s commitment under the Partnership for Global Infrastructure and Investment (PGII) to unlock public and private capital for sustainable infrastructure investment. Alongside the data centres in South Africa and Kenya, the Ghana data centre is laying the groundwork for a digital revolution on the continent.

Welcoming the new investment, His Excellency Nana Addo Dankwa Akufo-Addo, The President of Ghana said, “The establishment of Africa Data Centre’s new 10MW data centre, in the heart of Accra, is a significant step towards bridging the infrastructure gap, and developing further our digital economy. This investment and the Government’s drive at digitising all sectors of the economy will enable us increase our capacity to access digital services, and help even more to attract foreign direct investment into our economy.”

“Our new data centre in Ghana is a significant step towards Africa Data Centres’ goal of narrowing the digital divide in the West Africa region. Hyper-scale data centres, preferred by major US tech companies, multinational corporations, banks and other local enterprises, are the speciality of Africa Data Centres. Additionally, our data centres are supported with independent solar and battery storage power, enabling us to bring digital technologies whilst mitigating our environmental impact,” concluded Tesh Durvasula, CEO of Africa Data Centres.

Leave a Comment

Your email address will not be published.

You may also like

Business Security Society

EFCC Condemns False Narratives on Loss of Officer

post-image

The Economic and Financial Crimes Commission, EFCC, expresses grief on the loss of one of its officers, Assistant Superintendent of the EFCC, ASE II Aminu Sahabi Salisu who was killed in cold blood while on a legitimate duty on January 17, 2025 by a suspected internet fraudster,  Joshua Chukwubueze Ikechukwu.

Additionally, the Commission views with great concern the irresponsible,  callous, inhuman and outrageous narratives being circulated on social media on the whys and wherefores of the fatal accident. It is heinous to reduce the death of a gallant officer who was carrying out patriotic and official duties to social media razzmatazz.

More worrisome is the fact that some faceless commentators are pitching their tents with an alleged criminal who unleashed terror on officers of the EFCC in their line of duty. There is no justification whatsoever to rationalise a murderous act. The milk of human kindness demands that a grieving…

Read More
Business Opinion Society Technology Technology Trends Telecoms

Telecom Sector News: Call Rates Set to Increase to N18/Minute Under New Tariff Plan

post-image

In a significant development for Nigeria’s telecommunications industry, the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that telecom service tariffs are set to increase by 30 to 60 percent. This adjustment, far below the 100 percent hike initially demanded by mobile network operators (MNOs), aims to balance industry sustainability with consumer affordability.

During an interview on Channels TV, Dr. Tijani revealed that the new rates would see call charges rise from the current average of N11 per minute to approximately N18.33 per minute, if a 60 percent adjustment is adopted. SMS charges will increase from N4 to N6.67, while the cost of 1GB of data could climb from N1,000 to N1,667.

“The sector drives growth in our country. Allowing a 100 percent tariff increase would be harmful to citizens who heavily depend on telecom services,” Dr. Tijani stated, underscoring the government’s focus on protecting consumers while…

Read More
Business Culture Economy Fintech Opinion

FRIEND, WHEN YOU SEE THE FOLLOWING SIGNS, KNOW THAT YOUR SACK IS IMMINENT

post-image

 

By Anayo Nwosu

The current economic situation of bank customers that makes it difficult or almost impossible for them to drop idle deposits for their account officers or to even repay their bank loans is like a rat poison to many bankers.

Bank owners or executive management are getting very impatient with bank employees’ low performance on set deposits and profit targets and have decided to curtail their expenses on salaries of staff they have categorized as value eroders or laggards.

This is the time to remember your banker friends in prayers as their seemingly long flap is no longer the size of their brokus.

The reality check is here and that which most bankers had feared most is now upon them. Sack now stares them in the face.

If you are a banker, I encourage you to read and internalize this piece. It is in your own enlightened self interest to do so.

A…

Read More
Business Culture Economy Energy

Ndubuisi Ekekwe Applauds Dangote Refinery’s Transformational Impact on Global and Local Markets

post-image

 

Renowned Nigerian academic and entrepreneur, Professor Ndubuisi Ekekwe, has commended the Dangote Petroleum Refinery for its groundbreaking contributions to the global and Nigerian energy sectors. In a recent Facebook post, Professor Ekekwe described the refinery as a “game changer” with far-reaching implications for international fuel markets and Nigeria’s economic landscape.

Citing a report from the Organization of Petroleum Exporting Countries (OPEC), he highlighted the refinery’s impressive production capacity and high-quality output, which are redefining market dynamics. “With its impressive production capacity and high-quality petroleum products, the refinery has begun disrupting international fuel markets while gaining traction as the preferred supplier for Nigerian consumers,” Ekekwe noted.

The professor emphasized how the refinery is reducing Nigeria’s dependency on fuel imports, a significant shift that has disrupted global supply chains. He pointed out the decline of several European refineries, which are losing market share to West African producers. While acknowledging the challenges faced by…

Read More
Announcements Business Economy Education Health News

Peter Obi Reaffirms Commitment to Education and Healthcare Development, Donates ₦10 Million to College of Nursing Sciences, Amichi

post-image

 

Peter Obi, the former Governor of Anambra State and Presidential Hopeful of the Labour Party, has once again demonstrated his dedication to the development of education and healthcare in Nigeria. During a visit to the College of Nursing Sciences, Amichi, Anambra State, Obi shared insights into his long-standing efforts to uplift critical sectors and pledged ₦10 million to support the College’s mission of training healthcare professionals.

A Legacy of Development

Recounting his tenure as governor, Obi spoke about his instrumental role in reviving the Amichi Diocesan Hospital, which had been neglected and overrun by weeds. Collaborating with the hospital’s proprietor, Rt. Rev. Ephraim Ikeakor, Obi facilitated the transformation of the hospital into a functional healthcare center. He also supported the establishment of the School of Nursing, Amichi, which has since grown into the College of Nursing Sciences.

“What began as a vision during my time as governor has blossomed into a beacon…

Read More
Business Economy

A booming continent needs a new payment infrastructure

post-image

Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is not for sissies, as the saying goes.

 

In navigating those challenges, relationships matter. It’s not so much about throwing money at a problem, it’s about investing time, building trust, meeting with partners and regulators, and understanding each other’s needs.

Africa offers an enormous upside for those prepared to make this time investment. The continent’s population is set to reach 2.5 billion (http://apo-opa.co/3W7Kp4w) by 2050, and Africa’s people are embracing digital technology, as the World Bank (http://apo-opa.co/3Waln4F) confirms. They are leveraging digital connectivity to improve their lives, educate themselves, send remittances, and start small enterprises. There is value in investing in that level of human development.

The payments opportunity

Running through this African growth trajectory is…

Read More
Business Economy Government

Nigeria Data Protection Commission Partners with Civil Service to Advance Privacy Practices

post-image

 

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, led a delegation on a courtesy visit to Mrs. Didi Esther Walson-Jack, OON, the Head of the Civil Service of the Federation. The visit, held in Abuja, was aimed at fostering collaboration, promoting privacy awareness, and enhancing data protection practices within Nigeria’s civil service.

During the meeting, Dr. Olatunji highlighted the importance of data protection in the digital era and commended Mrs. Walson-Jack for her unwavering commitment to the rule of law, especially in advancing digitalisation and data protection in Nigeria. He delivered a detailed presentation on the NDPC’s establishment, outlining its strategic roadmap and its alignment with President Bola Ahmed Tinubu’s 8-point agenda, particularly in governance and job creation.May be an image of 5 people, dais and text

Achievements and Plans Shared by NDPC

Dr. Olatunji noted the…

Read More
Business Culture Economy Travels Trends

Margaret Olele Shares Vision for 2025 with Focus on Empowering Women and Driving Change

post-image

 

Margaret Olele, the Chief Executive Officer of the American Business Council, has highlighted her aspirations for 2025, drawing on the impactful activities she engaged in last year. While some may advocate for leaving the past behind, Olele emphasized that certain initiatives from 2024 have laid the groundwork for her plans to make a significant impact this year, particularly in empowering women and fostering meaningful collaborations.

“Some may suggest we completely shut the door to last year. For me, some activities last year serve as the foundation that will shape the critical part of my 2025 plans. One is involvement with purposeful women-led activities,” Olele stated.

Her efforts included a week in December dedicated to initiatives aligned with her vision. Among…

Read More