AIIM invests $90m in new JV with N+ONE DATACENTERS
Investors - AUGUST 22, 2023

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AIIM invests $90m in new JV with N+ONE DATACENTERS

by Released

African Infrastructure Investment Managers (AIIM), an African infrastructure private equity manager, and N+ONE DATACENTERS (N+ONE), an African data center owner and operator, have joined forces to develop a new Pan-African data center and cloud services platform with a short-term target capacity of 40 megawatts (MW).

N+ONE will contribute its existing market-leading portfolio of digital infrastructure assets and extensive products in Morocco, and AIIM will be contributing an initial $90 million of growth equity through its latest pan-African infrastructure fund, African Infrastructure Investment Fund 4.

The platform will focus on the development of hyperscale and wholesale carrier-neutral facilities to provide solutions to enterprise, government and hyperscale customers across the continent. The partnership with AIIM paves the way for N+ONE to further expand its existing campuses in Morocco and Senegal while developing new hyperscale locations in response to customer d

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