PAIX’s new facility will serve as an interconnection hub for Internet service providers, cloud providers, financial institutions, and enterprises in the region.
African cloud provider PAIX Data Centres has announced a joint venture with the Djibouti Sovereign Fund to construct a data centre in Djibouti. According to PAIX, The new facility will serve as an interconnection hub for Internet service providers, cloud providers, financial institutions, and enterprises in the region.
Jean-Andre Gbarssin, Chief Investment Officer at Djoubi Sovereign Fund, said, “PAIX Djibouti will serve as a catalyst for digital inclusion and economic development, empowering businesses to unlock new opportunities and realize their full potential in the digital age. And we’re delighted as the Sovereign Wealth Fund to be part of this investment.”
Wouter van Hulten, CEO at PAIX, said, “PAIX’s investment in JIB1 positions it at the crossroads of connectivity between Africa, Europe, the Middle East, and Asia. The strong network hub that is created by the aggregation of multiple undersea cable landing points connecting to terrestrial cables makes Djibouti a highly attractive gateway.”
PAIX will purchase the land, buildings, and data centre equipment for the 50,000 sq ft (4,650 sqm) facility in Djibouti City. The facility, dubbed JIB1, is expected to have an IT capacity of 5MW and is scheduled to open in 2026.
PAIX currently operates data centres in Accra, Ghana, and Nairobi, Kenya. Africa50 invested $20 million into the company in 2022.
