Data centre operators in Nigeria and their counterparts in Africa are to rake in not less than $3 billion as revenue by 2025. This is according to the latest research by Oxford Business Group (OBG), a global research and advisory company. According to the report, the projection is based on the 12 per cent annual revenue growth rate from 2019.
“Increasing demand for cloud-based services and modular DC solutions from organisations, particularly small and medium-sized enterprises, and government agencies, will underpin the market, with more than 70 per cent of African organisations estimated to shift to the cloud by 2025,” OBG stated in the ‘Data Centres in Africa Focus Report.”
The report, which also features comments from data centre operators in Nigeria, highlighted the challenges facing the business on the continent. In her comments in the report, the Chief Executive Officer of MainOne, Ms Funke Opeke, said access to affordable, reliable and environmentally sustainable sources of electricity was a pressing issue for the grow ing number of data centre operators across Africa…
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