South African company, Teraco Data Environments (Pty) Ltd, which specializes in the provision of neutral data centres and cloud services for operators, has mobilized R2.5 billion ($167 million) to build its new data centre based in Ekurhuleni, east of Johannesburg. The money is a syndicated loan led by Absa Bank.

For more information, please see https://www.ecofinagency.com/telecom/0402-42310-s-africa-teraco-raises-167mln-to-build-new-data-center