Equinix to augment African footprint with South African data centre

Digital infrastructure company Equinix has announced plans to enter the South African market with a US$160 million data centre investment in Johannesburg, which, the company points out, augments its current footprint on the African continent in Nigeria, Ghana and Côte d’Ivoire. The new data centre is expected to open mid-2024. The 4.0 MW data centre,

Equinix invests $160 million in South Africa data centre, following Google, AWS

Equinix is set to enter the South African data centre market through a $160 million investment in a Johannesburg development. The move will expand the company’s presence in Africa, after it spent $320 million on MainOne in April 2022, a West African data centre company operating in Nigeria, Ghana, and Ivory Coast. This was its first

Africa: Fight Against Illegal Mining – South Africa Picks Lessons From Ghana

As part of efforts to combat illegal mining, the South African Government has sent a delegation to Ghana to share ideas and learn best practices. The eight-member delegation came to the country to understudy Ghana’s mining regulations and tap into policies and interventions the country had adopted to fight illegal mining. During their five-day visit,

Ghana expects $3 bln IMF loan approval early in 2023

Staff level agreement reached, says finance ministerIMF board has yet to approve loan agreementGhana aims to meet all IMF requirements, minister says ACCRA, Dec 13 (Reuters) – The International Monetary Fund (IMF) is poised to lend Ghana $3 billion as the African nation grapples with its worst economic crisis in a generation, Finance Minister Ken

Equinix to develop South African data centre

The investment will lead to the development of a new data centre that is expected to open in mid-2024 and will augment its current footprint on the continent in Nigeria, Ghana and Côte d’Ivoire. Equinix says it is now entering one of the largest and most digitally developed nations on the African continent with its

Seven African stock exchanges start cross-border trading

Stock Exchange Investors in seven stock markets that serve 14 African countries can now engage in cross-border securities trading following the launch of a special e-platform, the Nairobi Securities Exchange (NSE) has said.’ The seven exchanges, Bourse Regionale des Valeurs Mobilieres (BRVM), Morocco’s Bourse de Casablanca, the Egyptian Exchange (EGX), South Africa’s Johannesburg Stock Exchange