African Infrastructure Investment Managers (AIIM) and N+ONE DATACENTERS, a data centre and operator, have established a joint venture to develop a new data centre and cloud-services platform, with a short-term target capacity of 40 MW.
AIIM has invested USD 90mn growth equity in the JV, while N+ONE will contribute leading portfolio of digital infrastructure assets and products in Morocco.
The new platform will develop hyperscale and wholesale carrier-neutral facilities, expanding the company’s existing campuses in Morocco and Senegal, while developing new hyper scale locations to meet growing demand—which is expected to reach 1GW by 2030.
AIIM is investing through its African Infrastructure Investment Fund 4.