Funding solutions for
digital transformation

Teraco Data Environments, a subsidiary of Digital Realty, is Africa’s leading carrier-neutral colocation provider and the first provider of highly resilient, vendor-neutral data environments in sub–Saharan Africa. With its world-class data centre infrastructure and network-dense ecosystems, Teraco forms a vital part of the African internet’s backbone and is essential to the modern enterprise’s digital transformation strategy.

The facility arranged was an R11.8bn debt package, with Absa anchoring the financing with a R7bn commitment.

This landmark transaction will enable Teraco, to create further capacity in the South African market and provide the springboard for its customers to grow cloud provision into South and sub-Saharan Africa. The financing of Teraco’s green energy projects further supports its move to a more sustainable future.

This deal demonstrates our ability to provide solutions for clients and support them with fit-for-purpose funding facilities to meet their growth ambitions. We were able to deliver this package for our client by utilising our expert knowledge of the client and sector to provide a competitive funding structure.