Equity Bank to build $34m data centre in Kenya’s Tech City

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Kenya’ Equity Bank has reserved a space at Konza Technology – a technology-themed development in Machakos County 64 km south of country’ capital Nairobi – to build a Sh3 ($34.1 million) electronic data centre.
Konza Technopolis Development Authority (KOTDA) made this known Thursday when it announced prospects of park dubbed “where African silicon savannah begins”, stating about 345 local and international companies have made interests in moving to the park known.
“We have received 345 local and international investors who have expressed interest, among the locals is Equity Bank intends to build a Sh3 data centre,” Catherine Adeya, acting CEO of Konza Technopolis Development Authority (KOTDA) told reporters during a media tour of the park Thursday.
At the moment, Equity Bank stores its electronic at its data centre based at its Nairobi headquarters and backs it up at a leased space at East Data centre, Mombasa Road, also in the Kenyan capital.
The bank’ technological growth of recent has been unprecedented, with a recently acquired Mobile Virtual Network (MVNO) licence making it capable of offering mobile and services, a development expected to increase the volumes of data it generates, hence setting up a data centre seem a strategic move.
The first phase of the 5000-acre tech located in Machakos County, 64 km south of Nairobi will cover 400 acres of land, which the University of Nairobi Enterprise Services (UNES) has already mapped out.
16,200 are expected to be created when construction of the first phase ends, with various structures like a university complex, offices, residential houses, ICT research centres and parks expected to be located in Konza.
Foreign and local business process outsourcing (BPO) companies will not be left out, as well as a science park, shopping malls, hotels, a convention centre, international schools and health .
Construction was given a go-ahead Friday after UNES completed survey. (VENTURES )