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

• 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
Reliable, high-capacity international connectivity is crucial for driving economic growth, enabling digital services, and promoting regional...
• Morocco to build 500 MW green-powered data center in Dakhla to boost cloud infrastructure• Part of Digital Morocco 2030, aiming for data sovereignty and...
• Cameroon and Chad plan to launch free mobile roaming by August 11, following a joint coordination meeting in N'Djamena• The move revives a stalled CEMAC...
By investing in shared, open-access fibre networks, Vodacom and Maziv can help drive more affordable retail broadband pricing and reduce barriers for...
Most Read
01

• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...

Afreximbank Bonds Retain Market Confidence Despite Moody’s Downgrade
02

• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...

Nigeria Secures $100 mln ECOWAS Bank Loan for Lagos-Calabar Coastal Highway
03

• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...

Algeria Awards Commercial 5G Licenses
04

• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...

IFC Plans Investment Fund to Help Grow African Film Industry
05

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
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

regie@agenceecofin.com 
Tél: +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.