Equinix to Invest $160 Million in South Africa Data Center Entry
- Equinix to build in Africa’s richest city, Johannesburg
- Deal forms part of US data center firm’s Africa expansion push
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Equinix Inc. plans to invest $160 million to build its first data center in South Africa, as part of the firm’s African expansion push.
The US data center company will build its first facility in Africa’s richest city, Johannesburg, and expects to be operational by mid 2024, said Equinix EMEA president Eugene Bergen in an interview. The deal follows its acquisition of Nigeria’s MainOne, that valued the west African data center business at $320 million.