Equinix enters Africa

Acquisition signals the first step in Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company, enabling organisations to accelerate digital transformation throughout the continent.

  • Tuesday, 5th April 2022 Posted 4 years ago in by Phil Alsop

Equinix has completed its deal to acquire West African data centre and connectivity solutions provider MainOne for an enterprise value of US$320M, marking the beginning of its expansion into the African continent.

 

The completion of this acquisition augments Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company by being able to bring a full range of transformative technologies and connectivity to Nigeria, Ghana and Cote d’Ivoire.

 

This acquisition will extend Platform Equinix® into West Africa, giving organisations based inside and outside of Africa access to global and regional markets. Nigeria has both the largest population and the largest economy of any country in Africa, with approximately 142 million active internet subscribers.[i]  Home to new innovative digital ecosystems in fintech and content and digital media, it has great opportunity for expansion of digital services.

 

Equinix believes MainOne, headquartered in Lagos, to be one of the most exciting technology businesses to emerge from Africa, and Lagos is rapidly becoming a key connectivity hub for the wider West Africa region. Founded by Funke Opeke in 2010, the company has enabled connectivity for the business community of Nigeria and now has digital infrastructure assets, including three operational data centres, with an additional facility in Lagos expected to open in April 2022.

A new report highlights that overlooking sustainable water and energy management is actively...
Digital Realty has opened its Digital Realty Innovation Lab (DRIL) in London, the first EMEA...
Pure Data Centres Group has secured $2.7billion in financing, underscoring strong confidence from...
UAE-headquartered AI infrastructure operator strengthens capital base to scale cloud and compute...
Tripartite initiative combines access to enterprise-grade AI tools with hands-on training and...
euNetworks has launched a new fibre route between Frankfurt and Strasbourg as part of its FLAP-D...
Emitel, Cordiant Digital Infrastructure Limited's portfolio company in Poland, has acquired a data...
Emitel, part of Cordiant Digital Infrastructure Cordiant Digital Infrastructure Limited, has...