Friday, May 27, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Business

US group Vantage Data Centres expands to Africa with a US$1 billion campus

by SAT Reporter
October 13, 2021
in Business, in Southern Africa, South Africa
0
US group Vantage Data Centres expands to Africa with a US$1 billion campus
0
VIEWS

JOHANNESBURG (The Southern African Times) – Vantage Data Centres is investing more than 15 billion rand (US$1 billion) in its first African campus in Johannesburg, the US-based company said on Wednesday.

The expansion underscores the rising demand for cloud services even in relatively undeveloped corners of the technology universe.

Vantage’s carrier‐neutral 80 megawatts-capacity facility will include 60,000 square metres of data space across three facilities in Johannesburg once fully developed, making it the largest in Africa, it said in a statement.

The first phase of the campus is slated for completion by the third quarter of 2022 and will be powered by its own on‐site, high‐voltage substation, Vantage added. It will be developed by Attacq, one of South Africa’s largest property developers.

“Johannesburg is the data centre hub for sub‐Saharan Africa due to its strategic location, IT ecosystem, fibre connectivity to the rest of Africa and the availability of renewable energy,” Antoine Boniface, the president of Vantage EMEA said.

For companies, having local cloud storage could save costs since they would be able to rent storage instead of building their own servers or relying on other countries.

The global provider of wholesale data centres will challenge Amazon.com, which has also been expanding its presence in the emerging tech hub of Cape Town.

Microsoft Corp has also built two data centres in South Africa, one in Cape Town and one in Johannesburg, while China’s Huawei started building two data centres in South Africa in 2019.

Previous Post

Wales name squad for Springbok end of year Test

Next Post

Access Bank Acquires 78.15% Stake in BancABC Botswana

SAT Reporter

Related Posts

Okonjo-Iweala: Global Food Crisis Could Last till 2024
Business

Okonjo-Iweala: Global Food Crisis Could Last till 2024

by SAT Reporter
May 26, 2022
Glencore fined 1.1 billion for bribing Public  Officials for Crude Oil Contracts
Business

Glencore fined 1.1 billion for bribing Public Officials for Crude Oil Contracts

by SAT Reporter
May 26, 2022
Zimbabwean Leading Exec Busisa Moyo urges African diaspora investment to lead FDI
Business

Zimbabwean Leading Exec Busisa Moyo urges African diaspora investment to lead FDI

by SAT Reporter
May 26, 2022
Zimbabwe anti-sanctions lobby seek support from U.S. black congressional members
ZIMBABWE

Zimbabwe anti-sanctions lobby seek support from U.S. black congressional members

by SAT Reporter
May 25, 2022
Africa’s leading financial institution will avert looming food crisis
Business

Africa’s leading financial institution will avert looming food crisis

by SAT Reporter
May 25, 2022
Next Post
Access Bank Acquires 78.15% Stake in BancABC Botswana

Access Bank Acquires 78.15% Stake in BancABC Botswana

Premium Content

Britain’s banks brace for $22 billion loan losses as outlook darkens

Britain’s banks brace for $22 billion loan losses as outlook darkens

August 5, 2020
Turkey-Africa Partnership Summit set for 17-18 December

Turkey-Africa Partnership Summit set for 17-18 December

December 8, 2021
Aluminum prices reach decade high after Guinea coup

Aluminum prices reach decade high after Guinea coup

September 6, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

African business news Africa New Africa News african footballer African investments African news African start-up Business Classic Climate change Content coronavirus Cyclone Idai Egypt Explore Bali Finance Foods football Health Hopewell Mauwa Life Style mali news Market Stories news Odion Ighalo Oilandgas Opinion Pandemic Politics Premium reserve bank of Zambia Russia soccer South Africa Southern African News sports Stay Home United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn Zimbabwe job creation

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?