Digital Realty venture to acquire Medallion Data Centres in Nigeria

News Broadband Kenya 26 OKT 2021
Digital Realty venture to acquire Medallion Data Centres in Nigeria

Digital Realty and Pembani Remgro Infrastructure Fund announced the formation of a joint venture to acquire Medallion Data Centres, the Nigerian colocation and interconnection provider. Medallion operates two data centres, one in Lagos and one in Abuja.

Medallion's Lagos data centre is a connectivity hub in Western Africa with over 70 carriers and internet service providers, over 80 percent of the public peering traffic on the Nigerian Internet Exchange, and a peering point for all subsea cables operating in Nigeria. It also intends to serve as a peering point for the nine new subsea cables scheduled to be in operation in Lagos by 2023. 

As part of the transaction, the joint venture is also acquiring a land parcel adjacent to the Lagos data centre to provide near-term expansion capacity. Medallion's management team, led by CEO and co-founder Ike Nnamani, will continue to lead the business. 

iColo expands in Kenya, Mozambique

Separately, Digital Realty and Pembani Remgro Infrastructure Fund have successfully partnered with Kenyan data centre operator iColo since 2019, and iColo announced that it will enter Mozambique through the development of its first data centre in the country, located in the capital and port city of Maputo. 

The iColo campus in Mombasa was recently expanded to deliver an additional 1.6 megawatts of power and 12,900 square feet of capacity for new and existing customers, along with the new subsea cable landing equipment. 

In addition, iColo has expanded its Nairobi campus with the acquisition of an additional 215,000 square feet of land that will support 14 megawatts of future data center capacity. 

The deployment of PlatformDigital, Digital Realty's global data centre platform, across Africa will enable multinational and local businesses to rapidly scale their digital transformations by deploying critical infrastructure with a leading global data center provider at the heart of a growing connected data community in the region. 

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