Cape Town is now positioned to become a high-end technology hub as it launched a new Africa Data Centre facility this week.
The Mother City is now well positioned for tech opportunities, so says Alderman James Vos, the city’s mayoral committee member for economic opportunities and asset management.
Vos was speaking on the occasion of the sod-turning ceremony and in a media statement, he noted that the new data centre is the second in the metro from the business.
Carrier-neutral colocation data centre provider Africa Data Centres is a subsidiary of the Pan-African Cassava Technologies Group.
The council member pointed out that the city has also forged partnerships with “high-growth” industry organisations, such as the Cape Innovation and Technology Initiative.
“This investment is yet another endorsement of Cape Town as a continental tech capital. Last year, the Global Financial Centres Index officially ranked the Mother City as the top spot in Africa for fintech investments,” Vos said per ITWeb.
“As a city government, we have worked hard to forge a strong foundation for economic development and investment, and are constantly working to make life easier for businesses, and in 2023, we will continue forging ahead with these goals.”
The company’s Cape Town facility is the fourth data centre in SA and it follows the establishment of the Midrand (JHB1), Centurion (JHB2), and Elfindale, Cape Town (CPT1) regions.
The facility, together with the upgrade of the existing hub, will see Africa Data Centres’ investment in infrastructure in Cape Town over the next two to three years reach in excess of R1.5 billion, and create some 500 jobs, according to the Alderman.
He further explained that the investment facilitation branch in the Economic Growth Directorate supported Africa Data Centres’ development in the metro through the implementation of its incentives programme that is aimed at helping businesses to land and expand in Cape Town.
