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AIIM provides investment to expand carrier-neutral data centres across Africa

AIIM will provide an initial US$90mn growth equity contribution through AIIF4. (Image source: Adobe Stock)

Leading African infrastructure and private equity manager, African Infrastructure Investment Managers (AIIM), has partnered with N+ONE DATATCENTRES (N+ONE), a leading data centre owner and operator, to develop a new Pan-African data centre and cloud service platform with a short-term capacity of 40MW

AIIM will provide an initial US$90mn growth equity contribution through AIIF4, its next-generation infrastructure fund, to support the roll-out of the platform and construct greenfield data centre infrastructure across West Africa. N+ONE, on the other hand, will contribute its existing portfolio of digital infrastructure assets and products in Morocco and will expand its existing campuses in the country as well as Senegal. 

The companies have indicated that with data centre demand expected to growth to more than 1GW by 2030 on the continent, there is significant investment needed to support the growth potential of the Africa’s digital economy, especially outside of South Africa where installed IT load is focused. 

“We are thrilled to introduce our collaboration to the African market,” said Amine Kandil, founder and CEO of N+ONE. “Our vison is to deliver regionally interconnected hyperscale data centers, built and operated to highest industry standards. This launch represents a significant step toward realising that vision.”

“N+ONE is an exciting success story having built market-leading facilities in Morocco, and demonstrating its ability to meet customer needs with its comprehensive portfolio of products and services,” said Moritz Breickmann, investment director at AIIM. “With this partnership, we are seeking to replicate N+ONE’s success in new markets by building a pan-African data centre platform that provides customers with trusted solutions across several countries and addresses the increasing demand for data storage and processing on the continent.”

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