Berkshire-backed Teraco to build R4bn data centre in Joburg
03 November 2020 - 18:35
Johannesburg — Teraco Data Environments, a data centre provider backed by Berkshire Partners, is investing $250m (R4bn) to build Africa’s largest facility on a single site, CEO Jan Hnizdo said in an interview on Monday.
The continent’s biggest data centre operator is starting construction on the facility in Johannesburg as it prepares to capitalise on the growing demand for internet and cloud-based services in the region. The development will be built in two phases through funding support from shareholders and its main lenders...
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