Cassava Technologies Signs Strategic Partnership with STANLIB Infrastructure Investments
Cassava Technologies, a pan-African technology group, 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.
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