Africa Data Centres, DFC sign statement reaffirming ongoing partnership for Ghana facility investment of US$300million

The DFC and Africa Data Centres have signed a statement reaffirming their shared commitment to strengthen ICT infrastructure in Africa and Africa Data Centres’ intent to mobilize part of its existing DFC-financing commitment of US$300 million to construct a first-of-its-kind data center in Ghana.

The investment is part of the organization’s plan to strengthen ICT infrastructure in Africa.

Opening doors to the new data center facility reiterates the Ghanaian government’s intention to cultivate the potential of the country’s technology industry.

Africa Data Centres, a business of Cassava Technologies group, is pleased to announce that it has signed a statement reaffirming its ongoing partnership to strengthen ICT infrastructure in Africa with the U.S. International Development Finance Corporation (DFC).

The statement marks DFC’s continued interest in supporting Africa Data Centres’ expansion in countries eligible for DFC financing, including Ghana, where Africa Data Centres intends to mobilize funds from its existing DFC financing commitment of US$300 million to develop a first-of-its-kind data center that will provide up to 30MW of IT load.

According to Hardy Pemhiwa, President and Chief Executive Officer of Cassava Technologies, “Over the past decade, Ghana has embarked on a transformative journey, and one area that is seeing significant focus is its burgeoning technology sector.

With a youthful and dynamic population, a government that provides support, and a thriving startup ecosystem, Ghana is well-positioned to emerge as a prominent technology hub within the next five years.”

DFC CEO Scott Nathan said, “DFC’s support for Africa Data Centres is a demonstration of our commitment to 21st-century infrastructure, and the United States’ commitment to supporting safe, secure, and trusted ICT infrastructure that connects communities to the global marketplace opportunities. Markets with trusted technology and dependable data storage can become magnets for businesses that create jobs and opportunities in high-growth sectors. As this planned facility becomes operational, it will help to enable development and economic growth for communities across Ghana.”

Ghana must continue attracting investment in infrastructure to secure its position as an up-and-coming technology hub in the coming five years. This statement is a step towards achieving this objective. Leaders from the DFC, Africa Data Centres, and the government celebrated their ongoing commitment to strengthen ICT infrastructure in Ghana.

With this statement, Africa Data Centres has reiterated its ethos of leaving no African behind. Ghana will benefit enormously from the new data centre, as it will allow for locally generated data not to leave the country’s borders. Additionally, the presence of local data centres will attract even more investment from international digital entities to help the country achieve its digital ambitions.

Public Private Partnerships are integral to all economies' overall development and expansion. This partnership between Africa Data Centres and DFC highlights the key role that technology will play in ensuring that Ghana continues its upward trajectory of becoming a digital economy. “The Ghanaian government has astutely recognised the potential of the technology industry and has taken proactive measures to ensure its growth,” concluded Pemhiwa.

Cassava Technologies

Cassava Technologies is a global technology company of African heritage providing a vertically integrated ecosystem of digital services and digital infrastructure. Headquartered in London, Cassava has a presence in 31 countries in Africa, the Middle East, Latin America, and the United States of America.

Through its subsidiaries Liquid Intelligent Technologies, Liquid Dataport, Liquid C2, Africa Data Centres, Distributed Power Africa, Sasai Fintech, Telrad, and Vaya Technologies, the Company provides its digital products and services in 94 countries. These solutions drive the Company's vision of a digitally connected future that leaves no African behind. https://www.cassavatechnologies.com/

Africa Data Centres

Africa Data Centres is your trusted partner for rapid and secure data centre services and interconnections across the African continent. Africa Data Centres is Africa's largest network of an interconnected, carrier, and cloud-neutral data centre facilities.

Bringing international experts to the pan-African market. We are your trusted partner for rapid and secure data centre services and interconnections across the African continent. Strategically located, our world-class facilities provide a home for all your business-critical data. Proudly African, we are dedicated to being the heart that beats your business.

Africa Data Centres' aim is to unveil various business opportunities and develop a strategic partnerships network. This will further strengthen Africa Data Centres' superiority in providing our customers with the highest standard of interconnected, carrier and cloud-neutral data centre facilities throughout Africa. https://www.africadatacentres.com/

DFC

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.

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From left to right – Mr. Scott Nathan CEO of DFC_ Mr. Finhai Munzara, Chief Financial Officer, Africa Data Centres, and Virginia Palmer, US Ambassador to Ghana