Data Center Investors Expect to Cash in on Africa’s Population Boom - News Summed Up

Data Center Investors Expect to Cash in on Africa’s Population Boom


Capital is pouring into digital infrastructure in Africa in anticipation of a population boom on the continent, according to private investors who have put money up for yet another pan-African data center network. Related: Investors Prepare the Ground for Data Center Growth in East AfricaThe phenomenon is a vast population increase. Use lagged until South Africa liberalized its telecommunications market in 2008. "We thought we might have reached it earlier, but the power situation in South Africa stunted it," said Owens. Now even banks and other large companies in South Africa are looking to put their computer systems in independent data centers.


Source: The North Africa Journal March 23, 2020 20:15 UTC



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