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Pan-African tech group Cassava Technologies has secured a strategic investment from STANLIB Infrastructure Investments. A significant move for the continent’s digital economy, the capital injection will accelerate rapid expansion of its subsidiary, Africa Data Centres (ADC).
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Specifically, it will help in enhancing its footprint in South Africa to meet soaring demand from hyperscalers and enterprises.
Partnership to Power South Africa’s Digital Backbone
The strategic partnership is designed to directly address the growing need for advanced digital infrastructure in the country. The investment will fuel the development and expansion of AI-ready data centres at ADC’s key campuses in Johannesburg and Cape Town. This should help in strengthening South Africa’s position as a critical digital hub.
Leadership Vision: Scaling for Hyperscaler Demand
Executives from both companies highlighted the strategic importance of the deal for regional growth.
Hardy Pemhiwa, President & Group CEO of Cassava Technologies, stated, “Partnering with STANLIB strengthens our South African operations and validates the robust foundation we’ve built. It provides us the scale required to serve major hyperscalers and enterprises as they rapidly increase their demand for secure, high-capacity connectivity and cloud services across the region.”
Andy Louw, Co-Head at STANLIB Infrastructure Investments, added, “We are proud to partner with Africa Data Centres, a leader in Africa’s digital evolution. Our investment will strengthen South Africa’s digital backbone, enabling ADC to contribute meaningfully to the country’s growth.”
A Foundation for Continental Digital Growth
This investment underscores the critical role of data centres as essential infrastructure. Africa Data Centres is a cornerstone of this ecosystem, currently operating seven state-of-the-art facilities across the continent and serving a robust client base of over 400 enterprise and hyperscale customers. This new partnership positions ADC to play an even more pivotal role in supporting the next wave of digital transformation and AI adoption in South Africa and beyond.
