Equinix Announces $22 Million Data Center Investment in Lagos, Nigeria
Equinix, Inc. announced its intention to open a new high-performance data center in Lagos, Nigeria, representing an investment of USD 22 million. The facility, named LG3, will be the first data center newly built by Equinix in West Africa and is set to open in Q1 2026.
Investment Strategy and Timeline
The USD 22 million investment in LG3 marks the first phase of an ambitious USD 100 million plan to transform Africa's digital landscape over the next two years. The new site will deliver vital infrastructure to Nigeria, empowering local businesses to scale while attracting international companies to this strategically positioned hub for global connectivity.
The addition of the new LG3 data center in Nigeria will incorporate Equinix Fabric into the metro, enabling businesses to securely connect their physical and virtual infrastructure to cloud service providers, partners, and other companies, as well as to other Equinix locations worldwide.
Executive Commentary
Wole Abu, Managing Director for West Africa at Equinix, stated that “LG3 marks a significant milestone in Equinix's long-term commitment to bridging Africa's digital divide. As Lagos emerges as a crossroads of talent, innovation, and global connectivity, this facility is accelerating access to technologies such as cloud, AI, and the next wave of startups. We're not just building data centers, we're fostering growth, empowering innovation, and laying the groundwork for an interconnected African economy ready to lead on the global stage.”
Olawale Owoeye, Managing Director at Cedarview, added that “Equinix's Lagos data center will provide us with the robust and resilient platform our customers demand to expand our digital footprint. The unparalleled reliability and access to a global ecosystem empower us to deliver high-performance solutions to our customers, and the new LG3 data center in Lagos is a key step in ensuring we remain at the forefront of businesses connecting Africa.”
Aslıhan Güreşcier, Vice President, EMEA Growth & Emerging Markets at Equinix, commented on the opportunity for Equinix in Africa, saying, “Africa's digital transformation is accelerating, driven by a young population, rising internet access, and increasing demand for secure data infrastructure. With the opening of our newest data center in Lagos, Equinix is proud to invest in this dynamic region, supporting our customers' growth with world-class data centers that power everything from banking and education to emergency services and commerce.”
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Market Context and Regional Expansion
Nigeria is the second-largest economy in Sub-Saharan Africa and home to a vibrant, increasingly tech-savvy population. Lagos, in particular, is at the epicenter of Africa's digital transformation, recognized as the only African city in the Global Top 100 Startup Ecosystems.
Since entering the African market in 2022, Equinix has expanded its presence in key African markets, including Nigeria, Ghana, and Côte d'Ivoire. Last year, the company also opened its first data center in Johannesburg, South Africa, significantly strengthening Equinix's global presence on the continent and accelerating Africa's digital transformation by delivering sustainable, carrier-neutral infrastructure that reliably connects it with the rest of the global economy.
Global Infrastructure and Strategic Positioning
With a footprint spanning over 270 data centers worldwide, Equinix is continuing to bring its global expertise and infrastructure to the region. This includes leveraging Nigeria's strategic position as an international hub for subsea cable connectivity, linking Africa with Europe, Asia, and beyond.
Equinix is committed to responsible investment and operations that prioritize sustainability. Across all sites, including LG3, the company works to reduce environmental impact and improve efficiency.
The announcement includes forward-looking statements that involve risks and uncertainties, and actual results may differ materially from expectations. Factors that might cause such differences include risks to business and operating results related to the current inflationary environment, foreign currency exchange rate fluctuations, stock price fluctuations, increased costs to procure power and general volatility in the global energy market, and challenges of building and operating data centers, including those related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies.
Also Read: Vantage Data Centers Announces $2 Billion Investment for New 192MW Campus in Fredericksburg
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