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Africa Data Centre Demand to Trigger $20bn Investment; Nigeria Leads Regional Growth

A new report by Knight Frank projects that Africa’s data centre market will require up to $20 billion in investment by 2030 to meet a fivefold increase in computing capacity. Growth is being driven by the expansion of cloud services, artificial intelligence, and digital platforms. Nigeria, anchored by Lagos, is identified as the key hub for West Africa, supported by robust subsea cable connectivity and the Central Bank of Nigeria’s mandate for local data hosting by 2027. Experts believe this policy will unlock significant infrastructure investment across the country.

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