US agency to invest $30 million in Nairobi-based regional data centre
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By Gerro Biko
- Posted On 21-01-2023, 04:39AM
Africa Data Centre [ADC] has received additional expansion funding worth $ 30 million from the United States international investment agency.
The funding will be used in expanding ADC’s storage facilities in Kenya’s capital city which has continued to provide digital data storage services to businesses across the east, central and southern Africa region.
Tesh Durvasula-ADC’s CEO did reveal that the demand for their services is growing and they won’t be able to sustain it with the current 4.5MW capacity which is rapidly getting exhausted, necessitating the expansion.
“Our customers are mainly the Africa 500, which are the continent’s largest companies across financial services, healthcare, government, and information, communication, and technology sectors,”
He also added that “Eventually we will be able to expand to 20 or 25MW capacity if we witness continued growth in demand. The expansion will enable Africa Data Centres clients to grow and scale depending on their requirements.”
This is in addition to an $83 million funding dispersed to the company last year as part of the $300 million commitment announced by the US International Development Finance Corporation (DFC) in 2021 to help the company expand its operations on the continent.
With this additional investment, the company, which operates the region’s largest data centre, kicked off the construction of an additional facility that will more than triple its current capacity to 15 megawatts (MW), a project expected to end by mid-next year.
GAROWE ONLINE
