Africa's largest data centre facility coming soon
Finweek English|5 November 2021
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.
Glenda Williams

The measure of how well a precinct is performing is often drawn from the number of construction cranes that loom over the horizon. In the case of the Waterfall precinct, it is eight. There are more cranes in the 2 200 hectare Waterfall node than there are in Sandton, Gauteng’s financial hub.

Two of these cranes are constructing the 11 785m2 first phase of US-based Vantage Data Centers’ new data centre.

The Waterfall precinct has an established track record of attracting international businesses, among these BMW, Massbuild, Cummins and Cotton On. Vantage Data Centers, a global provider of hyperscale data centre campuses, is the latest international player attracted to the node.

It is another win for JSE-listed real estate investment trust (Reit) Attacq, developer of the Waterfall precinct (which includes Waterfall City and Waterfall Logistics Hub), who are partnering with Vantage to develop a campus that is tailored to meet the requirements of Vantage’s global campus blueprint and their expansion into Africa’s largest data centre market, Johannesburg.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM FINWEEK ENGLISHView All

THE HEALTH OF SA'S MEDICAL SCHEMES

As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.

7 mins read
Finweek English
5 November 2021

The effect of Gilbertson's departure

With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.

3 mins read
Finweek English
5 November 2021

Making money from music

Why investors are increasingly drawn to the music industry.

3 mins read
Finweek English
5 November 2021

Conviction is key

Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.

5 mins read
Finweek English
5 November 2021

The post-pandemic toolkit

How CFOs can use technology to support growth.

4 mins read
Finweek English
5 November 2021

Big city living exodus

Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.

3 mins read
Finweek English
5 November 2021

Big compact, big value

Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.

3 mins read
Finweek English
5 November 2021

On barriers to entry

There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.

2 mins read
Finweek English
5 November 2021

Fear and greed in one index

To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.

3 mins read
Finweek English
5 November 2021

Africa's largest data centre facility coming soon

Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.

3 mins read
Finweek English
5 November 2021
RELATED STORIES

What Does Your Credit Score Really Mean?

Your score helps lenders assess the likelihood you’ll repay a loan. It can also help you assess your credit health.

3 mins read
Kiplinger's Personal Finance
February 2022

Othmane Zolati

The 27-year-old recently completed a four-year, 30000 km journey on foot, bicycle and skateboard through 24 African countries, finishing at the southernmost tip of the continent in Cape Agulhas. Watch his documentary Africa and I on Showmax.

4 mins read
go! - South Africa
December 2021/January 2022

Moonlight and fynbos

Under a huge old pine tree, a family has built an off-the-grid cabin where a contemporary geodesic dome and reclaimed materials are in harmony with nature.

8 mins read
Home South Africa
December 2021/January 2022

AN EXCLUSIVE INTERVIEW WITH QUIM FÀBREGAS

THE CHILDHOOD OF THE BAKA PYGMIES The childhood of the Baka pygmies is a photographic report made in the jungle of Cameroon. This report exhibits the childhood life of the pygmies, their freedom, their way of spending hours in the middle of nature, and the toughness of living in a habitat that rains for many months of the year, and It's extremely tough to get food. You can see the faces of the happy and cheerful children, but you can also see the hardness of the mothers.

7 mins read
Lens Magazine
November 2021

Pet-Safe Greenery

Eye-catching houseplants that won't harm curious dogs or cats.

4 mins read
Birds & Blooms
December 2021/January 2022

We Are All Indigenous Global Citizens

WAKANYI HOFFMAN is a Global Education Specialist and founder of the African Folktales Project. Here, she speaks with SARA BUBBER about the value of storytelling and passing down wisdom through generations, her Kikuyu culture, and how all of us are indigenous people contributing to the world.

9 mins read
Heartfulness eMagazine
October 2021

South Africa Faces an Energy Dilemma

POWER FAILURES have become routine in South Africa. At the same time, the country wants to wean itself off the coal that generates more than 80% of its electricity and makes it the world’s 12th-biggest source of greenhouse gases.

4 mins read
Bloomberg Markets
August - September 2021

Plentiful Plants Await

Three must-see stops within Montreal’s botanical garden.

1 min read
Birds & Blooms
August/September 2021

Estebanico's America

The story of Africans on this continent is longer and more varied than the version I was taught in school.

10+ mins read
The Atlantic
June 2021

National Cycle VStream Sport Windscreen for Honda Africa Twin

There are many ways to improve motorcycle rider comfort, covering everything from bar risers to footpegs. Having done almost all of them, I decided to switch out my stock windscreen to see if it made a difference, especially on long trips.

1 min read
Adventure Motorcycle (ADVMoto)
March - April 2021