MainOne plan to invest additional $300 million to enhance communication infrastructure across West Africa over ten years.
The company, through its subsidiary, MDXi Data Centre invested an additional N12billion in its Lekki data centre, South West Nigeria in order to grow its capacity from 300 to 600 racks as the leading data centre in West Africa.
Chief Executive Officer of MainOne, Funke Opeke made this known while speaking at a panel discussion during the 2018 TMT Finance Africa Conference, a forum driving investment for telecoms, media and technology sector across Africa, held in Cape Town, South Africa.
She highlighted that has recently
She stated that this investment is a part of MainOne’s plan to invest additional $300 million to enhance communication infrastructure across West Africa over ten years.
According to her, MainOne intends to remain at the forefront of the broadband initiative in West Africa with investments in fiber infrastructure and data centres across the region to advance broadband activities.
“In 8 years, we have established a reputation as the preferred provider of connectivity and data center services to West African businesses and have facilitated global content providers seeking direct access to subscribers on the sub-continent. The company has continued to extend its network reach and is currently providing services in eight West African countries including Nigeria and Ghana,” she added.
Opeke highlighted the opportunity for increased investment in shared fiber network infrastructure and data center and cloud computing infrastructure in Africa.
This, she said was key to further unlocking the gains in the digital transformation of the continent.
She joined panelists from DLA Piper, Teraco, PAIX and Rack Center to discuss the need for continued investment and growth within the telecom sector and data center market in order to realize the vision for increased ICT adoption in Africa.
Agency
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