• Contact
Wednesday, October 4, 2023
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Kenya is set to receive $1 billion from the World Bank

    South Africa, Nigeria, and Angola weigh down sub-Saharan Africa’s growth – World Bank

    These are the 10 most popular jobs that pay more than $100K, study finds

    These are the 10 most popular jobs that pay more than $100K, study finds

    See what Kenya is using to attract investment from global EV firms

    See what Kenya is using to attract investment from global EV firms

    Trending Tags

  • Business
    Chocolate could get even pricier if Africa’s cocoa crop flops

    Chocolate could get even pricier if Africa’s cocoa crop flops

    Sale of luxury villas starts in new Zimbabwean city for the rich

    Sale of luxury villas starts in new Zimbabwean city for the rich

    Industry Leaders Ignite Innovation at Women Who Build Africa's Tech Assembly in Nairobi

    Industry Leaders Ignite Innovation at Women Who Build Africa’s Tech Assembly in Nairobi

    Virgin Active to expand office space and meeting rooms in gyms

    Virgin Active to expand office space and meeting rooms in gyms

    Dangote, Bua show grit amid global sugar crises

    Dangote, Bua show grit amid global sugar crises

    800 million+ carats of diamonds in Angola reserves

    800 million+ carats of diamonds in Angola reserves

    Hindenburg 2.0? George Soros-backed group plans 'expose' on Indian firms: Report

    Hindenburg 2.0? George Soros-backed group plans ‘expose’ on Indian firms: Report

    Viktor Bout still has his eye on Africa

    Viktor Bout still has his eye on Africa

    SADC countries may benefit from ANGOSAT 2

    SADC countries may benefit from ANGOSAT 2

  • Finance
    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Kenya is set to receive $1 billion from the World Bank

    South Africa, Nigeria, and Angola weigh down sub-Saharan Africa’s growth – World Bank

    These are the 10 most popular jobs that pay more than $100K, study finds

    These are the 10 most popular jobs that pay more than $100K, study finds

    See what Kenya is using to attract investment from global EV firms

    See what Kenya is using to attract investment from global EV firms

    Trending Tags

  • Business
    Chocolate could get even pricier if Africa’s cocoa crop flops

    Chocolate could get even pricier if Africa’s cocoa crop flops

    Sale of luxury villas starts in new Zimbabwean city for the rich

    Sale of luxury villas starts in new Zimbabwean city for the rich

    Industry Leaders Ignite Innovation at Women Who Build Africa's Tech Assembly in Nairobi

    Industry Leaders Ignite Innovation at Women Who Build Africa’s Tech Assembly in Nairobi

    Virgin Active to expand office space and meeting rooms in gyms

    Virgin Active to expand office space and meeting rooms in gyms

    Dangote, Bua show grit amid global sugar crises

    Dangote, Bua show grit amid global sugar crises

    800 million+ carats of diamonds in Angola reserves

    800 million+ carats of diamonds in Angola reserves

    Hindenburg 2.0? George Soros-backed group plans 'expose' on Indian firms: Report

    Hindenburg 2.0? George Soros-backed group plans ‘expose’ on Indian firms: Report

    Viktor Bout still has his eye on Africa

    Viktor Bout still has his eye on Africa

    SADC countries may benefit from ANGOSAT 2

    SADC countries may benefit from ANGOSAT 2

  • Finance
    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Economy

Submarine cable investment and fiber connectivity to attract more data center investments in Africa, report

TAB by TAB
27/01/2022
in Economy
0
Submarine cable investment and fiber connectivity to attract more data center investments in Africa, report
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Submarine cable investment and fiber connectivity to attract more data center investments in Africa, report

The data center market in Africa is attracting significant investments in recent years, led by South Africa, Kenya, Egypt, Nigeria, and Ethiopia and an increase in submarine cable investment and fiber connectivity is likely to attract more of these investments in the region. This is according to Africa Data Center Market – Industry Outlook & Forecast 2022-2027 report released this week by Research and Markets.

Related posts

Kenya is set to receive $1 billion from the World Bank

South Africa, Nigeria, and Angola weigh down sub-Saharan Africa’s growth – World Bank

04/10/2023
1
These are the 10 most popular jobs that pay more than $100K, study finds

These are the 10 most popular jobs that pay more than $100K, study finds

30/09/2023
3

Submarine cable investment and fiber connectivity to attract more data center investments in Africa, report

South Africa has the highest number of submarine cable deployments, followed by Nigeria and Kenya.

In Africa, there are more than 9 data centers that have added the white floor area of around 30,000 square feet area or more each in 2021. Several country governments are taking initiatives by developing special economic zones, and industrial parks, which provide tax exemptions for data center development.

Technologies such as the cloud, big data, and IoT generate more data through high-end applications and need more efficient systems for data processing. These technologies are growing the demand for advanced IT infrastructure in the African data center market.

According to the report, enterprises prefer servers that can reduce space in the data center environment without affecting performance. The competition between branded and ODM server suppliers will continue because multiple enterprises opt for server infrastructure based on open community designs (OCP). The increasing demand for server shipments will continue to grow moderately as enterprises move to the cloud or colocation platforms for their IT infrastructure operations.

UPS systems are being widely adopted to provide backup power for cooling systems installed in the facility. Cooling systems are essential for the smooth operations of data centers since maintaining an optimal temperature will avoid malfunctions caused by overheating. The adoption of lithium-ion batteries is likely to increase during the forecast period as their price will continue to decline.

In South Africa, the report notes that the market will witness the entry of global data center colocation service providers through independent data center developments and partnerships or via acquisitions by major colocation providers in the country. In 2021, Teraco Data Environments, Africa Data Centre, NTT Global Data Centers were the major data center investors

In Nigeria, the shift of industry sectors such as BFSI, education, retail, manufacturing, and others toward new technologies such as cloud and big data is likely to aid the growth of the market during the forecast period. Microsoft has partnered with the Nigerian government to launch projects in the country aimed at promoting connectivity, upskilling citizens, and increasing digitalization.

Global cloud service providers such as AWS, Microsoft, IBM, and Oracle are expanding their presence with new cloud regions. So there is an opportunity for vendors to grow in suburban areas and fuel the demand for hyperscale data centers in Africa.

In December 2021, Equinix announced its plan to acquire MainOne data centers with a sum of around USD 320 million to expand operations in Africa.

The new entrants have a strong opportunity with new innovative technologies of infrastructure in the Africa cloud data center. In addition, the threat of acquisitions is to be also high since global data center operators acquire existing data centers in the region.

Submarine cable investment and fiber connectivity to attract more data center investments in Africa, report

Source: African Business Communities
Previous Post

AFCON: Egypt, Equatorial Guinea qualify for quarterfinals

Next Post

Oikocredit invests €5m in Ecoligo to support the growth of commercial and industrial solar energy in Africa

Next Post
Oikocredit invests €5m in Ecoligo to support the growth of commercial and industrial solar energy in Africa

Oikocredit invests €5m in Ecoligo to support the growth of commercial and industrial solar energy in Africa

RECOMMENDED NEWS

European clubs cannot stop African players from AFCON, says Pinnick

European clubs cannot stop African players from AFCON, says Pinnick

2 years ago
4
South Africa a step closer to joining Paris Club

South Africa a step closer to joining Paris Club

1 year ago
9
Apple expects to sustain iPhone sales in 2022 as market slows

Apple expects to sustain iPhone sales in 2022 as market slows

1 year ago
2
Nigerian billionaire Femi Otedola acquires significant stake in First Bank of Nigeria Holdings

Nigerian billionaire Femi Otedola acquires significant stake in First Bank of Nigeria Holdings

2 years ago
11

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • Lango partners with RMB to offer sustainability-linked finance
  • South Africa, Nigeria, and Angola weigh down sub-Saharan Africa’s growth – World Bank
  • These are the 10 most popular jobs that pay more than $100K, study finds

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In