Telecom

Equinix to Spend $140mln Expanding Data Network Across Nigeria

Equinix to Spend $140mln Expanding Data Network Across Nigeria
Wednesday, 16 April 2025 11:31

(Ecofin Agency) - • Equinix plans to invest $140 million to expand its data infrastructure in Nigeria, including a new data center in Port Harcourt.
• The move aims to improve bandwidth capacity and bridge Nigeria’s digital divide between coastal and inland regions.
• The investment is part of Equinix’s broader $390 million plan to grow its footprint across Africa over the next five years.

The global digital infrastructure company Equinix has announced plans to invest $140 million over the next two years in West Africa, with a strong focus on Nigeria. The funds will go toward expanding its existing facilities, including building a new data center in Port Harcourt and upgrading a third site in Lagos.

The new Port Harcourt facility will host a landing station for Meta’s 2Africa submarine cable, the first outside of Lagos. This is expected to boost bandwidth and network resilience in a region that plays a key role in Nigeria’s oil economy.

By choosing Port Harcourt, Equinix is taking a step toward decentralizing digital infrastructure, which is heavily concentrated in Lagos. Right now, the city handles about 70% of Nigeria’s submarine cable landings and is home to most of the country’s data centers. This concentration has deepened a long-standing digital divide between urban coastal cities and underserved inland areas. Equinix hopes its expansion will not only increase access to digital services in the south but also create more interconnection points for cloud providers and businesses.

The $140 million investment is part of a larger $390 million plan by Equinix to build and expand data centers across Africa over the next five years. It also builds on the company’s $320 million acquisition of MainOne in 2022, a key player in West African connectivity that laid the groundwork for Equinix’s presence on the continent.

In Nigeria, where demand for digital services is growing fast, data centers are becoming essential to support everything from cloud computing and video streaming to e-commerce and digitized public services. Despite efforts to improve connectivity — including with major submarine cables like 2Africa and Google’s Equiano — Nigeria’s high-speed internet penetration remains stuck at around 45.6%. That is still far from the government’s target of 70% by 2025.

A major roadblock is the lack of fiber infrastructure in inland regions, which limits reliable internet access across much of the country.

On the same topic
• Senegal's fixed broadband subscribers grew from 177,363 to 747,163 between 2020 and 2024• Fibre now leads over FWA and ADSL in fixed connectivity, with...
• Vodacom aims to grow mobile financial service users from 88 million to 120 million• Vision 2030 strategy centers on expanding M-Pesa and VodaPay across...
• Uganda’s telecom industry has launched a joint anti-vandalism initiative led by UCC.• Over 820 cable vandalism incidents and widespread service...
Microsoft has launched the African Regional Cybersecurity (ARC) Initiative, starting in Kenya. The program includes cyber risk management,...
Most Read
01

The African Development Bank has approved a $304 million loan to Botswana to support the southe...

African Development Bank Approves $304 Million Loan to Support Botswana's Fiscal Stability and Economic Reforms 
02

BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan inclu...

BRVM and Africa50 Partner to Fund Infrastructure in WAEMU
03

The Economic Community of West African States (ECOWAS) parliamentarians met in Lomé from May 6 to 9,...

ECOWAS Parliament Calls for Airfare Tax Cuts to Make Flying Affordable
04

Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY,...

Big Four Hold 99% Share of Nigeria’s Audit Market in 2024
05

Africa’s digital economy is growing rapidly, and the demand for data storage, processing power, and ...

Safaricom and iXAfrica Launch East Africa’s AI-Ready Data Centre Services
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.