Data centre operator Teraco Data Environments has secured a further R158m in funding. The financing includes both equity and debt, with the World Bank’s International Finance Corp and the Development Bank of Southern Africa providing R80m in senior debt.

The financing will be used to support Teraco’s growth, with its Johannesburg data centre to be expanded to three times its current size and two new facilities opening in Durban and Cape Town.

Source: Tech Central

Cisco has announced that it has developed the ICT master plan for the Jazan Economic City, a 100-million sq m "smart city" project on the Red Sea. The Cisco team worked alongside JEC developers Malaysian MMC and the Saudi Bin Laden Group to create the network architecture plan that will connect the city and provide smart services.

Schneider Electric, a global specialist in energy management, has announced the successful installation of the first Tier IV data centre with Saudi Telecom Company (STC) - the national provider of telecommunication services in the Kingdom of Saudi Arabia.

Kenya Women Finance Trust has signed a Sh162 million contract with Global Integrated IT solutions provider, Hewlett Packard. The partnership is aimed at upgrading the KWFTs Information Communication Technology systems and to revamp its primary data centre.

On Thursday sites hosted by MTN Business’ Gallo Manor data centre, including Moneyweb’s own data provider, Profile, went down. As a result Moneyweb’s data has not been displaying since 11am.