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US-listed Digital Realty, which owns, acquires, develops and operates data centres, has agreed to buy a major stake in Africa’s largest data centre provider, Teraco, in a deal that values it at about R55.5bn.

With world-class data centre infrastructure Teraco holds 40% of data centre capacity within Sub-Saharan Africa and its internet exchange, NAPAfrica, is the world’s seventh largest...

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