U.S. International Development Finance Corporation (DFC) has announced the first disbursement of US$83 million of its US$300 million loan to Africa Data Centres, a network of interconnected data facilities. Africa Data Centres power, cool, secure and connect enterprises, cloud providers and hyperscalers.

The loan will support Africa Data Centres in the development, expansion and operation of data centers in South Africa, Kenya and other DFC-eligible countries. The expansion enabled by financial support is expected to generate approximately 31.3 MW of IT load capacity in the next three years. The first disbursement of the loan will primarily be utilized for the infrastructure in South Africa.