Nigeria: Kasi Cloud has broken ground on new $250m data center in Lekki


Yesterday, Lagos Governor Babajide Sanwo-Olu performed the groundbreaking ceremony at the Kasi Cloud Data Center in Lekki II. The $250m project is located at Leisure Land along the Maiyegun- Lekki Beach Road. It is being built over 4ha and will ultimately provide interconnection and data center services to West Africa’s fastest-growing city and commercial hub. […]

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MDXi Data Center has launched Lekki II Data Center expansion


Last week, MainOne further expanded its digital footprint in West Africa by launching its MDXi Lekki II Data Center. The expansion of the MDXi Lekki center by Lagos Governor Babajide Sanwo-Olu notably followed the completion of MainOne’s acquisition by Equinix on April 5th. As a result, MainOne is now an Equinix company. Our plans include […]

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Africa50 completes a growth equity investment in PAIX Data Centres


Africa50 has just completed an equity investment of $20m into PAIX Data Centres, forming the first tranche of PAIX’s Series B financing by Africa 50. The funds will be used to expand PAIX’s data centre capacity and its growth plans into new African markets. PAIX currently operates one data centre in Accra and one in […]

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AXIAN Telecom makes successful debut on debt capital markets


AXIAN Telecom, the pan-African provider of telecommunications, mobile money services and digital infrastructure, has successfully priced its $420m senior notes due in 2027. The company raised capital to finance the repayment of some of its existing debt and support its overall growth across the continent. Since 2004, AXIAN Telecom has expanded into Tanzania, Madagascar, Togo, […]

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