JOHANNESBURG, Oct 13 (Reuters) – Vantage Data Centres is investing greater than 15 billion rand ($1 billion) in its first African campus in Johannesburg, the U.S.-based firm mentioned on Wednesday.
The growth underscores the rising demand for cloud companies even in comparatively undeveloped corners of the expertise universe.
Vantage’s service‐impartial 80 megawatts-capacity facility will embody 60,000 sq. metres of information house throughout three services in Johannesburg as soon as absolutely developed, making it the most important in Africa, it mentioned in a assertion.
The first part of the campus is slated for completion by the third quarter of 2022 and will likely be powered by its personal on‐web site, excessive‐voltage substation, Vantage added. It will likely be developed by Attacq (ATTJ.J), one in every of South Africa’s largest property builders.
“Johannesburg is the data centre hub for sub‐Saharan Africa due to its strategic location, IT ecosystem, fibre connectivity to the rest of Africa and the availability of renewable energy,” Antoine Boniface, the president of Vantage EMEA mentioned.
For corporations, having native cloud storage might save prices since they might have the option to lease storage as an alternative of constructing their very own servers or counting on different international locations.
The international supplier of wholesale knowledge centres will problem Amazon.com Inc (AMZN.O), which has additionally been increasing its presence within the rising tech hub of Cape Town.
Microsoft Corp (MSFT.O) has additionally constructed two knowledge centres in South Africa, one in Cape Town and one in Johannesburg, whereas China’s Huawei (HWT.UL) began constructing two knowledge centres in South Africa in 2019.
($1 = 14.8603 rand)
Editing by Mark Potter