African Infrastructure Investment Managers (AIIM) has invested $90m of growth equity through its latest pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4) in N+ONE DATACENTERS (N+ONE), an African data center owner and operator.
African Infrastructure Investment Managers (AIIM) has agreed to invest $90m of growth equity through its latest pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4) in N+ONE DATACENTERS (N+ONE), an African data center owner and operator.
The proceeds will be used to develop a new Pan-African data center and cloud services platform with a short-term target capacity of 40 MW.
With data center demand expected to grow to over 1GW by 2030, significant investment is needed to support the growth potential of the continent’s digital economy.
