Nigeria’s Medallion Knowledge Centres acquired by Digital Realty, Pembani

A three way partnership fashioned by Digital Realty (DLR) and Pembani Remgro Infrastructure Fund introduced this week that they acquired Medallion Knowledge Centres, a number one colocation and interconnection supplier based mostly in Nigeria.

Medallion operates two knowledge centres, one in Lagos and the opposite within the capital Abuja. As a part of the transaction, the three way partnership can be buying a land parcel adjoining to the Lagos knowledge centre to assist present a near-term growth capability.  

Medallion’s Lagos knowledge centre is claimed to be the main connectivity hub in West Africa with over 70 carriers and web service suppliers. Lagos, the oil-producing nation’s financial capital, is residence to fifteen million individuals. 

Medallion CEO and co-founder Ike Nnamani mentioned he would proceed to guide the enterprise. 

In response to Rahiel Nasir, analysis analyst at 451 Analysis, which is a part of S&P World Market Intelligence, knowledge centres play an important position within the communications infrastructure panorama. 

“With out them, additional digital improvement throughout the continent dangers hitting a roadblock, particularly for enterprises in search of colocation and cloud companies as a part of their digital transformations,” Nasir defined.

Primarily based in Austin (Texas) and listed on the New York Inventory Change, DLR is believed to be the most important world supplier of cloud- and carrier-neutral knowledge centre, colocation and interconnection options. 

Commenting on the acquisition, Digital Realty CEO William Stein mentioned in a press release that over the following decade, there could be an enormous alternative for world companies to faucet into Africa’s increasing web financial system – with predictions that it may attain 5.2% of the continent’s GDP by 2025.

Stein identified that this could contribute almost $180 billion to the continent’s financial system (up from $115 billion in 2020).  “Via main funding in Africa’s web infrastructure, DLR goals to be a core enabler of those financial and high quality of life beneficial properties,” he famous.

Rakesh Kukreja, iSAT Africa MD, mentioned: “We have to make web entry reasonably priced, dependable and energy environment friendly for individuals in rural areas of Africa the place low potential income and problem reaching prospects have beforehand made it unimaginable.”

Krukreja mentioned Digital Realty and Pembani Remgro Infrastructure Fund’s growth throughout Africa will convey Web Protocol aggregation factors nearer to a lot of Africa’s underserved inhabitants.

Two years in the past, Digital Realty and Pembani Remgro Infrastructure Fund efficiently partnered with Kenyan knowledge centre operator iColo . Consequently, iColo introduced this week that it could enter Mozambique by means of the event of its first knowledge centre within the capital Maputo.

The iColo campus in Mombasa was not too long ago expanded to ship an extra 1.6 megawatts of energy and 12,900 sq. ft of capability for brand spanking new and present prospects, together with the brand new subsea cable touchdown tools.  

As well as, iColo has expanded its Nairobi campus with the acquisition of an extra 20 000 sq. meters of land that can assist 14 megawatts of future knowledge heart capability. 

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