An independent American data centre, Digital Realty, has struck an agreement to acquire a majority stake in Teraco, Africa’s leading provider of carrier-neutral colocation services, in a deal valued at $3.5 billion.

The move will enhance Digital Realty’s presence in Africa amid increased pressure by competitors to tap into the growing potential of the continent’s digital services sector.

For more information, please see https://guardian.ng/business-services/american-firm-acquires-african-data-centre-operator-in-3-5b-deal/