December 11, 2020
The US International Development Finance Corporation has joined a push into Africa’s rapidly growing data storage market with a $300 million investment in the expansion of Africa Data Centres, the data storage arm of Johannesburg-based Liquid Telecom.
Zimbabwean telecoms billionaire Strive Masiyiwa, whose Econet Group controls Liquid, has already staked the potential of investment into data centers in South Africa, Kenya, and Nigeria. The African region’s data center market, which currently accounts for just 1% of global available capacity, is expected to grow to $3 billion by 2025, building on a robust growth rate of more than 12% per year.
The DFC now wants its $300 million investment to go into “acquisition and expansion of existing data center assets” in Kenya and South Africa as well as to facilitate ADC’s “entry into new markets” in the region. This will be through development, construction and operation of data centers.
MIL-OSI United Nations: Sustainable energy for one billion people by 2030 | UNDP foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
Funding Approvals and EPC Selection Moves Mozambique s Temane Power Project Forward
News provided by
Share this article
Share this article
LONDON, Dec. 10, 2020 /PRNewswire/ The Temane regional energy initiative (the Temane initiative) is making significant progress
, after a substantial portion of the debt funding requirements have been secured for the Central Termica de Temane (CTT) power project in Mozambique. The funding approvals are another major milestone for the Temane initiative, an energy project initiated by Electricidade de Moçambique (EDM) to ensure Mozambique s energy security.
Located at Temane in Inhambane Province, CTT will be a 450 MW gas-fired power plant supplying low cost, reliable power to EDM through a 25-year tolling agreement. Gas supply will come from the PSA concession at the Pande-Temane Inhassoro fields operated by Sasol Petroleum Mozambique Limitada. Globeleq is the lead developer along with its partners EDM, Sasol Africa Limited and eleQtra
Share this article
Share this article
STAMFORD, Conn., Dec. 10, 2020 /PRNewswire/ ApiJect Systems, Corp., a global injectable platform technology company that revolutionizes how medicines and vaccines are filled, finished, and delivered, announced today that James A. Garrett has joined the organization as its new General Counsel and Chief Compliance Officer. This appointment took effect December 7, 2020.
James A. Garrett
ApiJect Systems, Corp. announced today that James A. Garrett has joined the organization as its new General Counsel.
Mr. Garrett joins ApiJect with extensive legal and strategic business expertise. Since 2012 he served in executive leadership roles at NuVasive, Inc., a global public company dedicated to advancing the adoption of less invasive surgery through procedural integration and the use of enabling technologies. As Senior Vice President for Business and Quality Systems, as well as Government & Regulations Strategy (2018-2020) he delivered strategic dir