ADC South African data center portfolio

active

The project entails the development, expansion, and operation of a portfolio of data centers in South Africa. Sponsor is Africa Data Centres, a company owned by Cassava Technologies. The United States International Development Finance Corporation (DFC) approved a $300 million strategic investment in 2021 to help ADC with the expansion of its data centres in other DFC-eligible African countries. The first disbursement of $83 million, which supports data center expansion in South Africa, was completed on 15 August, 2022. https://www.dfc.gov/media/press-releases/dfc-disburses-83-million-africa-data-centres-expand-ict-infrastructure-south https://www.africadatacentres.com/africa-data-centres-uses-strategic-investment-from-us-international-development-finance-corporation-to-expand-operations%ef%bf%bc/