Cassava Technologies, a pan-African technology group, today announced a strategic investment by STANLIB Infrastructure Investments to accelerate the rapid expansion of Africa Data Centres’ footprint in South Africa.
The strategic partnership will allow Africa Data Centres to cater to the growing demand for digital infrastructure in the country. The investment will drive the expansion and development of AI-ready data centres at Africa Data Centres campuses in Johannesburg and Cape Town.
Hardy Pemhiwa, President & Group CEO of Cassava Technologies, said, “Partnering with STANLIB strengthens our South African operations and validates the robust foundation we’ve built. It provides us the scale required to serve major hyperscalers and enterprises as they rapidly increase their demand for secure, high-capacity connectivity and cloud services across the region.”
Andy Louw, Co-Head at STANLIB Infrastructure Investments, said: “We are proud to partner with Africa Data Centres, a leader in Africa’s digital evolution. Data centres are critical infrastructure for the modern economy, and our investment will strengthen South Africa’s digital backbone, enabling ADC to contribute meaningfully to the country’s growth. It aligns with our desire to be an economic enabler for the South African economy by deploying capital that drives growth while giving institutional investors differentiated access to a unique asset class.”
Africa Data Centres currently operates seven state-of-the-art data centre facilities across Africa, serving more than 400 enterprise and hyperscale customers.
Africa Fact: By 250 BC, the foundations of West Africa’s oldest cities were established such as Old Djenné in Mali.
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Dr. Judy Dlamini is a qualified medical doctor, with an MBA and PhD in business leadership. She is an accomplished businesswoman, an author, and founder and current executive chairperson of the Mbekani Group. After a successful medical career spanning 10 years, Dlamini decided to explore new terrains, she enrolled for an MBA degree, after which she joined HSBC Investment Bank, and pursued her PhD through UNISA. Today, Dlamini owns and operates luxury retail stores; Luminance. The fledgling business, Mbekani Group, she started 20 years ago has grown into a diverse and successful entity with operations and investments in medical devices, health management, facilities management, retail and property. In addition to a long and successful business career, she and her husband are founders and trustees of Mkhiwa trust, a family public benefit organisation with a focus on rural development and education.