Data Centres South Africa
Liquid Eyes Africa’s Largest Tech Markets After $250-Million Boost from IFC
Strive Masiyiwa, Liquid Intelligent Technologies Executive Chairman and Founder with Makhtar Diop, IFC’s Managing Director. The World Bank Group’s International Finance Corporation (IFC) has announced a new partnership with South African tech group Liquid Intelligent Technologies (Liquid) to expand data center capacity and the rollout of fiber-optic cable across the continent. IFC’s equity and debt investments in Liquid, which to date total approximately $250-million, will support the company to grow its hyperscale data center capacity in Egypt, Kenya, Nigeria, and South Africa through its subsidiary, Africa Data Centres. The partnership with Liquid, one of Africa’s leading independent fiber and digital services providers, aims “to increase digital connectivity and inclusion in Africa and ...
Why the Data Centre Industry Needs to Embrace Renewable Energy
Sourced from Shutterstock While investment in digital infrastructure is certainly a win for economic growth in South Africa and Africa as a whole, as is the investment in new data centres, this vital infrastructure needs substantial amounts of energy to function. In fact, it is estimated that data centres could consume a fifth of global electricity by 2025 and create 14% of carbon emissions by 2040. Data centres play a crucial role in today’s ever-accelerating Information Age – as the backbone of the digital economy and the very foundation of the world wide web, they are key to creating a platform for growth and encouraging investment in Africa. There have been several factors driving the demand for data centre infrastructure in South Africa and across the continent, includi...
