Teraco Data Environments plans to invest R4-billion in Africa to meet rising demand for data as the continent’s governments battle the coronavirus.
Browsing: Jan Hnizdo
Teraco will complete work on the first phase of a massive new expansion to its data centre campus in Isando, east of Johannesburg, by the middle of the year and is looking to complete a second phase by year-end.
Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.
Data centre provider Teraco has announced it will expand its Isando campus facility in Johannesburg in a R1-billion further investment. Increased demand for additional data centre capacity is being driven by