{"id":50389,"date":"2024-06-21T18:31:01","date_gmt":"2024-06-21T18:31:01","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=50389"},"modified":"2024-06-21T18:03:44","modified_gmt":"2024-06-21T18:03:44","slug":"africa-data-centres-secures-us108-9-million-for-south-african-expansion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion","title":{"rendered":"Africa Data Centres Secures US$108.9 Million for South African Expansion"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Africa Data Centres Grows Capacity to Meet Rising Demand<\/b><\/p>\n<p>Africa Data Centres has successfully secured approximately $108.9 million in funding aimed at expanding its data centre capacity in South Africa. This funding, arranged through a tailored financing solution by RMB, underscores the company\u2019s commitment to enhancing cloud computing services amid increasing demand.<\/p>\n<p>\u201cThis funding marks a significant milestone for Africa Data Centres,\u201d noted Hardy Pemhiwa, President &amp; Group CEO of Cassava Technologies. \u201cIt reflects our dedication to growth and confidence in the South African data centre market\u2019s future. The additional investment will empower us to support our customers\u2019 digital transformation journeys.\u201d<\/p>\n<p>RMB played a pivotal role as the Coordinator, Initial Mandated Lead Arranger, and Bookrunner for this financing initiative. The structured facility aligns with Africa Data Centres\u2019 strategic objectives, aimed at expanding hyperscale data centre capacity by an additional 20MW. This expansion reinforces Africa Data Centres\u2019 position as a key player in the African data centre landscape, offering top-tier interconnected, carrier-neutral, and cloud-ready facilities.<\/p>\n<p>Nana Phiri, head of corporate client group at RMB, emphasized the significance of this partnership amidst a burgeoning digital infrastructure opportunity in Africa. \u201cWith the escalating demand for data centre capacity across the continent, we are proud to support Africa Data Centres in facilitating digital transformation,\u201d Phiri commented. \u201cThis funding aligns with RMB\u2019s commitment to fostering a sustainable digital economy in South Africa.\u201d<\/p>\n<p>Africa Data Centres operates a network of hyper-scale and edge data centres across Southern, East, and West Africa. This strategic funding will enable the company to meet the accelerating demand for reliable and scalable data solutions, contributing to Africa\u2019s digital connectivity and economic growth.<\/p>\n<p><strong>For More News And Analysis About Botswana Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Africa Data Centres Grows Capacity to Meet Rising Demand Africa Data Centres has successfully secured approximately $108.9 million in funding aimed at expanding its data centre capacity in South Africa. This funding, arranged through a tailored financing solution by RMB, underscores the company\u2019s commitment to enhancing cloud computing services amid increasing demand. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[234],"class_list":["post-50389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Africa Data Centres Secures US$108.9 Million for South African Expansion - Botswana<\/title>\n<meta name=\"description\" content=\"Africa Data Centres Grows Capacity to Meet Rising Demand Africa Data Centres has successfully secured approximat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa Data Centres Secures US$108.9 Million for South African Expansion\" \/>\n<meta property=\"og:description\" content=\"Africa Data Centres Grows Capacity to Meet Rising Demand Africa Data Centres has successfully secured approximat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-21T18:31:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/06\/sm_1718980052.269216.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Africa Data Centres Secures US$108.9 Million for South African Expansion\",\"datePublished\":\"2024-06-21T18:31:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\"},\"wordCount\":296,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/06\/sm_1718980052.269216.jpg\",\"keywords\":[\"Botswana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-data-centres-secures-us108-9-million-for-south-african-expansion\",\"name\":\"Africa Data Centres Secures US$108.9 Million for South African Expansion - 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