• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors

Airtel Africa set to build 34MW data center in Nigeria 

Samson Akintaro by Samson Akintaro
March 8, 2024
in Sectors, Tech News
Can Airtel Africa avoid another loss this quarter?
Share on FacebookShare on TwitterShare on Linkedin

Telecommunications group, Airtel Africa, has announced plans to build its first 34 Megawatts NXtra Data Center in Lagos Nigeria. 

According to a statement from the company, the Governor of Lagos State, Babajide Sanwo-Olu; his Ogun State counterpart, Prince Dapo Abiodun; and the Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, will be performing the ground-breaking of the facility later this month. 

A Data Centre is a facility that centralizes organizations shared IT operations and equipment to store, process, and disseminate data and applications. According to a recent research conducted by Arizton Advisory and Intelligence, Nigeria Data Centre Market Size by Investment is expected to reach $218 Million by 2026.

RelatedStories

Airtel Africa

Airtel commences second tranche of $100 million share buy-back programme, reveals duration 

May 14, 2025
Airtel Africa

Airtel Africa returns to profitability; pre-tax profit surges to $661 million in 2025 

May 8, 2025
Recommended reading: Airtel Africa begins $100 million share buy-back programme

A milestone in Africa 

Airtel said the NXtra data centre in Lagos will mark a milestone in Airtel Africa’s quest to enhance data sovereignty, security, and preservation within the continent. The facility is planned to operate with a remarkable Power Usage Effectiveness (PUE) score of 1.3 while hosting high-density racks.  

With the exponential growth of digital services and the increasing need for robust data capacity, the facility is poised to address the evolving requirements of businesses, governments, and large corporations in ensuring the integrity and accessibility of critical information and digital connections.  

The business-agnostic centres are planned to be built in major cities in all the 14 countries where Airtel Africa maintains operations.   

What they are saying 

Commenting on the planned facility to be cited in Lagos, the Chief Executive Officer, Airtel Africa, Segun Ogunsanya, said: 

  • “NXtra is a critical next step towards unlocking greater opportunities for businesses to grow and help drive prosperity across Africa. As a company, we are proud to deliver another vital infrastructure to bring the benefits of technology closer to Africans.”  

Also speaking, the Chief Executive Officer of Airtel Nigeria, Carl Cruz, noted that the NXtra Data Center is for the benefit of prospective customers in the nation’s commercial nerve centre.  

  • “We are certain that this infrastructure will propel Lagos, and Nigeria, towards a sustainable and more inclusive digital age,” he said. 

Economic gains of data centres 

While speaking on the increase in the number of data centres being cited in Nigeria recently, the immediate past Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, said that more jobs are being created through the construction, operation, and maintenance of these data centres.  

In addition, Danbatta said Nigeria is now well-positioned to attract a fair share of the multi-billion dollar global data centre market as more centres are being built in the country.  

According to him, by providing a reliable and secure environment for the services they offer within a well-nurtured policy and regulatory framework, Nigeria represents an attractive destination for more investment in data centre services and operations. 

Recommended reading: Airtel Africa posts $2 million profit in nine months, as Naira devaluation costs company $748 million

Follow us for Breaking News and Market Intelligence.
Tags: Airtel Africadata centerNxtraSegun Ogunsanya
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

Airtel Africa
Equities

Airtel commences second tranche of $100 million share buy-back programme, reveals duration 

May 14, 2025
Airtel Africa
Breaking News

Airtel Africa returns to profitability; pre-tax profit surges to $661 million in 2025 

May 8, 2025
Airtel Africa
Company News

Airtel Africa reports $248 million profit after tax in 9 months, boosted by Naira gain 

January 30, 2025
BUA Foods
Equities

Five companies that delivered over N1 trillion to investors in 2024 

January 3, 2025
Airtel Africa
Equities

Airtel Africa begins second share buyback to return $100 million to shareholders 

December 23, 2024
Airtel Africa
Financial Analysis

Airtel Africa: Resilience amid challenges, but is it enough? 

December 21, 2024
Next Post
#EndSARS: IPMAN warns of looming fuel scarcity across the country, Update: Fuel scarcity looms as NUPENG directs Tanker drivers to withdraw services in Lagos

Oil marketers say dollarization of charges by NPA, NIMASA affecting product supply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Shift focus to Nigeria’s shorter-dated dollar bonds – Barclays tells investors  
  • Fidelity Bank threatens legal remedies over “malicious publication” concerning CEO’s share purchase 
  • Wembley’s £220 Million Game: Sheffield United and Sunderland face their futures 

Follow us on social media:

Recent News

Shift focus to Nigeria’s shorter-dated dollar bonds – Barclays tells investors  

Shift focus to Nigeria’s shorter-dated dollar bonds – Barclays tells investors  

May 24, 2025
Adverse effects of high-interest rate spreads on the Nigerian economy

Fidelity Bank threatens legal remedies over “malicious publication” concerning CEO’s share purchase 

May 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics