Teraco building R4bn data centre in Cape Town
Teraco, backed by US and UK investors, says the development was driven by the growth of cloud computing in the region
Africa’s largest data centre provider, Teraco, says it is building a new data centre in Cape Town as part of its R4bn investment in the region.
Teraco, which is backed by investors such as American private equity firm Berkshire Partners and UK-based investment firm Permira, has seen an increase in companies wanting access to its centres to store and process large amounts of corporate data. ..