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Investing in Africa’s
Digital Transformation
Journey

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We are pleased to have acted as sole Mandated Lead Arranger, Bookrunner, Facility Agent and Coordinator for ZAR 8bn of expansion capital facilities for Teraco.

Teraco Data Environments (Pty) Ltd, a subsidiary of Digital Realty Trust Inc, is Africa’s leading carrier-neutral colocation data service infrastructure provider, and the first to deliver highly resilient vendor-neutral data environments in Sub-Saharan Africa. With world-class data centre infrastructure and robust network ecosystems, Teraco forms a vital part of Africa’s technological framework.

The ZAR 6.7bn Capital Expenditure and ZAR 1.3bn Green Energy Facility is one of the landmark transactions for the financial year 2024, following a ZAR 12bn refinancing and upsize transaction concluded in 2022. This financing will allow Teraco to expand its reach, facilitating digital transformation throughout Southern Africa.

The green loan will support Teraco’s environmental objectives and will enable investment into renewable energy generation and the adoption of energy-efficient technologies, which will significantly lower the company’s carbon footprint.

Our enduring partnership with Teraco has enabled us to take a leading role in structuring and arranging this deal, and by combining our in-depth industry knowledge, experience with complex financial structures, and close partnership with the client, our team was able to effectively structure and deliver the required funding.

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