Africa Data Centres secures $137M funding from RMB for data centre expansion in South Africa.
Africa Data Centres, a Cassava Technologies subsidiary, secured $137M (ZAR2 billion) funding from Rand Merchant Bank (RMB) to expand its data centre capacity in South Africa, meeting growing demand for cloud services. The financing showcases Africa Data Centres' commitment to digital transformation and supports its expansion of 20MW hyperscale data centre capacity.
June 20, 2024
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