Equinix, an information centre firm primarily based in america, says it’s investing $160 million to construct its first knowledge heart in South Africa, as a part of the agency’s African growth push, following its acquisition of Nigeria’s MainOne in December 2021 for $320 million.
In accordance with a report by Arizton, South Africa is the highest knowledge centre market in Africa and can witness investments of $3.2 million by 2027, rising at a CAGR of 11.15% throughout 2022–2027.
The brand new knowledge centre, positioned in Johannesburg, is anticipated to be operational by mid-2024, and can present 690+ cupboards and greater than 20,000 gross sq. ft of colocation area, with two extra phases of growth deliberate, together with a premium retail campus that may present 3,450+ cupboards and greater than 100,000 gross sq. ft of colocation area.
Final month, Equinix introduced its market entry into Malaysia with plans to construct a brand new knowledge centre positioned in Johor with an preliminary funding of $40 million. In October 2022, the corporate expanded to Indonesia with an funding of $74 million in an information centre within the coronary heart of Jakarta.
Earlier in March, Equinix launched in Chile and Peru, after the acquisition of 4 knowledge centres from Empresa Nacional De Telecomunicaciones S.A. (“Entel”), a number one Chilean telecommunications supplier, for an enterprise worth of $705 million.
The corporate additionally has a presence in India the place had acquired the India operations of GPX International Methods for $161 million in August 2020.