Teraco, provider of resilient vendor neutral data environments and Internet exchange point (IXP), has just increased the size of its medium term funding by securing R400m investment facility from Barclays Africa to construct a new data centre in Johannesburg, South Africa.

This fund, secured through private international equity firm ‘Permira’, will pave way for a new data centre and continuous Infrastructural roll-out in the city of Johannesburg.The new state-of-the-art data centre, in addition to existing centres in Cape Town and Durban, have a pooled ‘10 MVA’ power plant capacity, powering over 6,000 square meters of data centre space.

“This is an exciting sector right now. We are delighted to assist Teraco again in the funding of their new data centre to meet continued client demand and to help them in delivering on their client proposition”, Jason Abt, Head of Leveraged Finance and Corporate Debt, from Barclays Africa posits.

Teraco Data Environment, allows clients to deploy telecommunications equipment and other key IT infrastructure in an accessible manner. Building and operating colocation data centre facilities, Teraco’s forte, provides clients this accessibility. The company’s infrastructure also allows connectivity to African IP backbones, submarine cables, content aggregation hubs, local terrestrial networks and submarine cable systems.

Olumuyiwa Coker Author

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