BrandArena: PAIX Data Centres Boosts Ghana Capacity to 1.2 MW with $30M Africa50 Investment

Sunday 7 July 2024

PAIX Data Centres Boosts Ghana Capacity to 1.2 MW with $30M Africa50 Investment

PAIX Data Centres, a premier Pan-African developer and operator of data centres, has announced the expansion of its Accra facility to 1.2 MW. This significant enhancement is set to bolster the digital economy by improving connectivity and fostering economic growth. Africa50, a prominent pan-African infrastructure investor and asset manager, has infused over $30 million in growth equity into PAIX Data Centres to support its market expansion and facility upgrades.

With the expansion, the PAIX data centre has become one of the largest in Ghana, providing internet service providers (ISPs), cloud providers, and enterprises with advanced digital infrastructure and enhanced connectivity. This development is crucial as only 10% to 30% of effective data centre demand in sub-Saharan Africa is currently being met.

Africa50, committed to attracting substantial public and private capital, aims to expedite strategic investments in green data centres, transmission lines, smart cities, fibre optic networks, and more. These initiatives are designed to maximise productivity across Africa.

The upgraded facility boasts state-of-the-art infrastructure and robust security measures, ensuring optimal performance and reliability for mission-critical applications and services. The data centre also features advanced cooling and waste management systems and the increased integration of renewable energy as a power source to improve environmental impact. 

The strategic location in Accra offers low latency connectivity to major regional and international network routes and subsea cables, further enhancing its services' overall efficiency and performance. 

Africa50's investment in PAIX Data Centres is part of a growing portfolio of digital infrastructure assets that will drive growth in Africa's digital economy: 

Africa50 and the Rwanda Development Board (RDB) signed an Implementation Agreement (IA) in May to develop the Kigali Innovation City (KIC). This 61-hectare smart city is expected to generate $150 million in ICT exports annually and attract over $300 million in foreign direct investment. 

In 2023, Africa50 signed a $320 million partnership with Bayobab to develop Project East2West, a terrestrial fibre optic cable network to improve internet access and connectivity in 10 geographies across East And West Africa.

Raza Hasnani, Managing Director, Head of Infrastructure at Africa50 and Chairman of the Board of PAIX, noted: "We share a deep conviction that high quality, sustainable infrastructure transforms economies and societies. Our over $30 million equity investment in PAIX Data Centres is part of our broader strategy to create the connectivity required to accelerate Africa's digital transformation. We are proud that PAIX Data Centres is expanding and adopting best in class sustainability practices." 

Bright Tawiah, Managing Director, PAIX Data Centres, Ghana, said: "This expansion reaffirms our dedication to providing best-in-class data centre solutions to our customers in Accra and beyond. As one of Africa's digital economy hotspots, Accra plays a vital role in driving innovation and growth across various industries. We are proud to be at the forefront of this transformation, enabling businesses to thrive in today's increasingly connected world."

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