DAR ES SALAAM: TERACO Data Environments, Africa’s leading vendor neutral collocation data centre operator and Internet exchange point (IXP), has secured R400 million to enhance its expansion.
The funds have been secured from Barclays Africa.
“This is a further significant milestone for Teraco. This facility, together with internally generated funds are earmarked for continuing our large scale investments into Data Centre Infrastructure roll-outs,” said Jan Hnizdo, Teraco’s Chief Financial Officer.
Lex van Wyk, Chief Executive Officer of Teraco, said the company’s premium data centre services were in high demand.
“The demand is set to continue underpinned by strong growth in the Internet and increased cloud adoption,” he said.
Teraco has seen a rapid expansion in its footprint over the last three years to include three state-of-the-art data centres located in Cape Town, Durban and Johannesburg, which combined, comprise 10 MVA of power plant, powering over 6,000m2 of data centre space.
It is also home to NAPAfrica, Africa’s largest neutral layer-two Internet exchange point (IXP), a home to more than 180 peers across sub-Saharan Africa.
The Barclays Africa funding facility will allow for the construction of a large new data centre in Johannesburg to meet continued client demand. The initial phases in the construction of the JB2 facility are projected to commence in 2015.
SOURCE: CAJ News Agency