Africa Data Centres secures $109.6m to expand

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Summary

RMB acted as the coordinator, initial mandated lead arranger and bookrunner on the ZAR 2 billion facility.The data centre space presents a significant digital infrastructure opportunity, as there is currently a large deficit of supply versus demand. We see this funding as part of RMBs mandate of financing the development of a sustainable digital economy in South Africa.In April Africa Data Centres launched its channel partner programme, ADC Channel to establish colocation and ecosystem partnerships with service providers and even the hyperscalers.Our facilities are designed with the needs of hyperscale, wholesale & enterprise clients in mind, catering to their technical, operational and commercial requirements, said ADC CFO Finhai Munzara. Whether its greenfield projects, built-to-suit facilities, powered shells, dedicated halls, or hybrid colocation, we offer flexible, scalable and sustainable solutions that suit partners of every kind.Partners will also enjoy seamless access to data centre experts, continuous commercial and technical support, and regular, complimentary training for their sales and product teams. ADC emphasised that partners face no financial risk, as participation in the channel programme requires no investment and entails no capex for building data centres. ADCs sister company Liquid Intelligent Technologies has already teamed up with Google to build an Africa-Australia cable for example in the quest to boost the continents resilience.

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