Pan-African

Africa50-Project Finance

Impact

Productivity:

  • Increase access to internet and lower data costs for African consumers which will in turn facilitate new economic opportunities and higher productivity.
  • Increase performance of high latency and uptime-sensitive service offerings, particularly for local companies in the financial services sector.
  • Allows for harmonization of regional data and security regulations, boosting consumption of local content throughout the region.
  • Improves energy sustainability and increases efficiency, allowing companies to dedicate fewer resources to data storage which can then be reinvested elsewhere.

Environment:

  • Increased integration of renewable energy to be incorporated into PAIX’s energy mix.
  • Introduction of efficient cooling technology, waste management systems, etc.

Employment:

  • 44 employees (February 2022).

Africa50's Role

Equity investment

Partners

Africa50, PAIX Data Centers