DFC and Africa Data Centres sign pact to build Ghana’s US$50 million data centre

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 U.S. International Development Finance Corporation (DFC) is using part of its US$300 million loan facility to Africa Data Centers (ADCs), Africa’s largest network of interconnected data facilities, to construct a first-of-its kind data center in Ghana.

Africa Data Centres, the largest network of interconnected, carrier-and cloud-neutral data centre facilities on the continent, has announced that it will shortly start construction on its newly acquired land in Ghana, in a significant move towards bolstering Information Communication Technology (ICT) infrastructure in the West African country.

ADC is planning to allocate up to 15% of this commitment, which equates to US$50 million, for the construction of the data centre in Ghana

DFC and ADC signed a memorandum of understanding in Accra on Thursday (12 October) which reaffirms their shared commitment to enhancing ICT infrastructure across the African continent.

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.”

Scott Nathan, CEO of the U.S. International Development Finance Corporation (DFC), said he is excited to start this new partnership project in Ghana

“We fund the private sector to make development impact in the over 100 countries that we work and I’m really trilled to be here in Ghana today. I’m really proud of DFC’s work in this area, we have a relationship with Africa Data Centres that is connected to a US$300 million facility,” Nathan said.

According to Nathan, “when this data center is operational, it will help to enable development and economic growth here in Accra, for communities across the country, and in the wider region.”

Developing network of partnerships

Africa Data Centers’ aim is to unveil various business opportunities and develop a strategic network of partnerships. This will further strengthen Africa Data Centres’ superiority in providing our customers with the highest standard of interconnected, carrier, and cloud-neutral data center facilities throughout Africa.

On her part, Virginia E Palmer, the US ambassador to Ghana, also hinted that the MoU signing shows how the United States government is firmly committed to supporting Ghana’s digital transformation and the government’s digitalisation agenda.   

“The expansion of DFC and Africa Data Centres’ partnership to Ghana is another positive example of this firm commitment. The United States government is proud to be a partner in Ghana’s journey toward digital transformation. “

“Agencies across the U.S. government are supporting the Digital Transformation Africa initiative and Ghana’s digital agenda,” she added.

Finhai Munzara, chief financial officer of Africa Data Centres noted that, “we are pleased to extend the strong relationship to enable faster digital transformation in Ghana, a country that is becoming a regional digital hub, enjoying a significant share of West Africa’s internet traffic.”

“After signing a US$300m facility, the DFC has already supported ADC’s development of this critical infrastructure in Kenya and South Africa, as part of our ambitious plans reach 10 of the Continent’s major economic hub and helping ADC and our parent company Cassava Technologies to meet its vision of a Digitally Connected Future that Leave no African Behind,” Munzara added.

Munzara added that, in Ghana, ADC plans to deliver up to 30MW of IT capacity in Multiple Phases, within the Ghana Trade Fair site.

“The site provides us with a unique opportunity to deliver the critical HYPERSCALE IT infrastructure in a Secure, Central Location within the City limits; and close to key Connectivity Infrastructure.”

Africa Data Centres (ADC), a subsidiary of the Cassava Technologies technology group, entered into a Memorandum of Understanding (MoU) in Accra with the United States International Development Finance Corporation (DFC).

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 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 to develop a strategic network of partnerships. 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, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.   

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