Africa Data Centres (ADC) is gearing up to commence the construction of an international data center in Ghana as part of the Ghana Trade Fair Redevelopment Project. This development is a significant boost for Ghana as the government aims to leverage digitalization as a key driver of economic growth and employment opportunities for the youth.
Following a year of negotiations, ADC recently finalized the deal with the Ghana Trade Fair Company, paving the way for construction to commence at the Trade Fair site in La, Accra. The strategic facility will cater to computation, data storage, and network and business applications, serving enterprises and institutions in Ghana as well as the wider regional market.
When selecting a location for a new data center facility, investors typically consider factors such as the cost and reliability of power, construction expenses, telecom infrastructure/reliability, and the risk of natural disasters. The Ghana Trade Fair Company embarked on the redevelopment of its current site in 2019, aiming to transform it into a modern mixed-use commercial enclave. As part of this project, a portion of the land was designated for the development of a cutting-edge Technology Park known as “The Tech Hub,” akin to California’s Silicon Valley.
The upcoming ADC data center will be situated within this Tech Hub area as per the redevelopment master plan. ADC is also engaging in discussions with other technology companies to establish incubators and commercial facilities within the Tech Hub enclave.
The President of Ghana, Nana Addo Dankwa Akufo-Addo, expressed his satisfaction with the new investment, emphasizing that the establishment of the 10MW data center by Africa Data Centres will contribute to bridging the infrastructure gap and further advancing Ghana’s digital economy. He believes that this investment, combined with the government’s digitization efforts across sectors, will enhance access to digital services and attract more foreign direct investment.
Dr. Agnes Adu, CEO of the Ghana Trade Fair Company Limited, hailed the ADC data center as a significant step for Africa, which has generally lagged in technology infrastructure. The new facility aligns with Ghana’s focus on digitization and technological development to boost the economy.
To support the construction of the first-of-its-kind data center in Ghana, the US International Development Finance Corporation (DFC) has announced a $300 million loan facility for Africa Data Centres (ADC). This project is part of ADC’s expansion plans across ten markets in Africa, including South Africa, Zambia, Kenya, Rwanda, Egypt, Morocco, Senegal, Ivory Coast, and Angola.
Construction of the Accra Data Center at the Trade Fair site is scheduled to commence in June 2023, marking a significant milestone in Ghana’s digital infrastructure development.