ADDIS ABABA – Safaricom Ethiopia is set to build a new Tier-III telco-cloud Data Center with a total financial outlay of $60 million.
The Tier-III telco-cloud Data Center will be built inside the ICT Park in Addis Ababa.
The telco revealed the plan after signing a land lease deal with the Industrial Park Development Corporation (IPDC), which manages state-owned IPs.
The government granted the telecom license to Safaricom Ethiopia in July 2021 as part of its push to liberalize the telecom sector.
The telco has so far made investments in several infrastructures, including the construction of two Data Centers.
On Thursday, its CEO Anwar Soussa and Sandokan Debebe, CEO of the IPDC, signed the lease agreement for developed land to build a new Data Center in the ICT Park.
“This Data Center aims to increase collaboration on the availability of the latest technologies in the industrial parks to support the digitization process,” the company said.
Safaricom will make a $60 million investment in the ICT Park, as per the IDPC.
The agreement to build the data center comes weeks after Safaricom Ethiopia launched its pilot network and services in Dire Dawa City.
The launch is a part of its phased city-by-city regional network roll-out and service tests ahead of a national launch in October.
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