Introduction
PAIX Data Centres, a leading pan-African provider of carrier and cloud-neutral data centre services, has announced a significant expansion of its facility in Ghana. This expansion aims to address the increasing demand for robust digital infrastructure across Africa.
Expansion Details
The Ghana facility will expand its capacity to 1.2 MW, making it one of the largest data centres in the country. This move is designed to benefit Internet Service Providers (ISPs), cloud providers, and enterprises by offering enhanced connectivity and digital infrastructure. The expansion underscores PAIX's commitment to facilitating online business growth and improving the digital landscape in Ghana.
Funding and Investment
This development follows more than two years after PAIX secured a $20 million equity investment from Africa50. The funds were allocated to expand the company's data centre capacity and support growth plans in new African markets. This financial backing is instrumental in PAIX's strategy to meet the rising demand for data centre services across the continent.
Market Demand and Future Projections
PAIX emphasized that the expansion comes at a critical time, as the demand for reliable and scalable data centres in Africa is projected to exceed supply by 300% over the next two years. To address this, the installed capacity needs to increase from 250 MW to 1,200 MW by 2030. This rapid growth is driven by a projected 40% annual increase in data consumption until 2025.
A 2024 report focusing on data centres in Africa predicted that the market would grow by 50% by 2026. Mordor Intelligence forecasts that the African data centre market size will be 0.69 thousand MW in 2024 and will grow to 1.23 thousand MW by 2029, at a CAGR of 12.34%. Additionally, the market is expected to generate $750.2 million in colocation revenue in 2024, reaching $1,709.6 million by 2029, with a CAGR of 17.91% over the forecast period.
Advanced Infrastructure and Environmental Commitment
PAIX confirmed that the upgraded facility will feature state-of-the-art infrastructure and robust security measures to ensure optimal performance and reliability for mission-critical applications and services. The data centre will include advanced cooling and waste management systems, and an increased integration of renewable energy sources to minimize environmental impact.
The expansion of PAIX Data Centres in Ghana marks a significant milestone in the development of Africa's digital infrastructure. By increasing capacity and improving facilities, PAIX is well-positioned to meet the surging demand for data services and support the continent's digital growth. This strategic move not only enhances connectivity and business growth in Ghana but also sets a benchmark for future developments in the region’s data centre market.
