PAIX gets $30m to expand data centre

PAIX Data Centres, a Pan-African developer and operator of data centres, has announced the expansion of its facility in Accra to 1.2 MW.

In a statement, the organisation disclosed that the expansion is supported by a $30 million growth equity investment from Africa50, the pan-African infrastructure investor and asset manager.

It said, “The expanded PAIX data centre, now one of the largest in Ghana, will help internet service providers (ISPs), cloud providers, and enterprises fully take advantage of robust digital infrastructure and improved connectivity, enabling the African business community to thrive in the digital era. It is estimated that only between 10% and 30% of effective data centre demand in sub-Saharan Africa is being serviced today.”

Attracting new and deep pools of public and private capital, Africa50, the pan-African infrastructure asset manager, aims to accelerate strategic investments in green data centres, transmission lines, smart cities, fibre optic networks, and more to maximise African productivity.

“The data centre also features advanced cooling and waste management systems and the increased integration of renewable energy as a power source to improve environmental impact,” it said.

The statement further disclosed that the location in Accra offers low latency connectivity to major regional and international network routes and subsea cables, further enhancing its services’ overall efficiency and performance.

Raza Hasnani, Managing Director, Head of Infrastructure at Africa50 and Chairman of the Board of PAIX, stated, “We share a deep conviction that high quality, sustainable infrastructure transforms economies and societies. Our $30 million equity investment in PAIX Data Centres supports Africa’s digital transformation with top-tier sustainability practices.”

Bright Tawiah, Managing Director, PAIX Data Centres, Ghana, added, “This expansion reaffirms our dedication to providing best-in-class data centre solutions to our customers in Accra and beyond. As one of Africa’s digital economy hotspots.”