Teraco announces construction of ‘largest single site datacentre in Africa’

CEO Jan Hnizdo says datacentres play a massive role since they are at the core of the meeting of content, cloud, and connectivity.

Teraco today formally confirmed the construction of Teraco Cape Town 2 (CT2), a new 30MW data centre facility.

Grant will help to facilitate the changing landscape of education in South Africa, according to Teraco CEO.

Teraco, has announced that Lex Van Wyk will step down as Chief Executive Officer, effective 1 January 2020, and will be succeeded by Jan Hnizdo.

Company confirms Jan Hnizdo will serve as CEO.

In its largest infrastructure build project to date, Africa's only neutral data centre provider Teraco has announced that it will be expanding the Teraco Isando Campus (JB1).

Teraco Data Environments, Africa's leading provider of colocation data centre infrastructure, today announced that Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority stake in the company.

The Permira funds remains committed shareholder.

Analysts say major infrastructure build is a reliable indicator of high growth of digital services across the continent.

South Africa, Teraco, Africa's largest carrier & cloud neutral colocation data centre and home to NAPAfrica, Africa's largest Internet exchange point (IXP), today announced that it has raised a medium-term funding facility from Absa amounting to R1.2 billion.

Teraco announces a new route established to strengthen capital markets ecosystem.