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Data Center News Roundup: Industry Momentum Continues | Data Center Knowledge | News and analysis for the data center industry

In this week's top data center news stories, industry investments top $16B and Microsoft goes all out on AI. ....

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Turner & Townsend release 2021 Global Data Center Cost Index and Survey

New York, NY (PRWEB) October 21, 2021 Turner & Townsend has released its latest annual Data Center Cost Index and Survey for 2021. The fifth Data center ....

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US DFC bets $300m on Africa's demand for data storage centers

US DFC bets $300m on Africa s demand for data storage centers
Quartz
12/11/2020
© Provided by Quartz
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. ....

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US DFC bets $300m on Africa's demand for data storage centers — Quartz

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. ....

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