Ghana’s pursuit of becoming a central hub for data and technology in the sub-region has received impetus from the formalization of a partnership between the United States International Development
Finance Corporation (DFC) and Africa Data Centres (ADC), a subsidiary of Cassava Technologies, a pan-African technology group.
This partnership will result in the construction of a state-of-the-art data center at the Ghana Trade Fair Redevelopment Project in Accra. This initiative is part of a US$300million fund aimed at supporting the
development of data centers across Africa, with 15 percent of the sum—US$50 million—allocated for Ghana.
The US Ambassador to Ghana, Virginia Palmer, stated that Ghana remains a critical partner in the Digital Transformation with Africa Initiative. She said US involvement extends to enhancing access to
agricultural and weather data, using ICT-based tools to aid smallholder farmers in managing their operations.
Madam Virginia Palmer made these remarks during the signing of the MoU by the Africa Data Center and Development Finance Corporation.

At the signing ceremony, Chief Financial Officer-ADC, Finhai Munzara, explained that the data center has been designed to initially support 10 megawatts (MW) of power, with the capacity of expanding to 30 MW to meet the rising demand. He added that DFC has already supported ADC in developing essential
infrastructure in Kenya and South Africa in line with their ambitious vision to reach ten major economic hubs across the continent.

Mr. Scott Nathan, CEO of DFC, also emphasized the pivotal role data centers play in attracting data-driven companies seeking expansion opportunities in thriving African economies. He explained that markets
with reliable technology and secure data storage are magnets for businesses, generating jobs and opportunities in high-growth sectors.

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