wiredInUSA June 2019

Energy investment

Data center open for business

Egypt’s investment ministry expects its 1.6GW solar park to be operating at full capacity sometime during 2019. Some parts of the park are already operating on a small scale, while other areas are still undergoing testing. Egypt aims to meet 20 percent of its energy needs from renewable sources by 2022, and up to 40 percent by 2035. Renewable energy currently meets only about three percent of the country’s needs. The $2 billion project in the south of the country, set to be the world’s largest solar installation, has been partly funded by the World Bank, which invested $653 million through the International Finance Corporation. “Egypt’s energy sector reforms have opened a wider door for private sector investments,” said World Bank president David Malpass, during a visit to the site. Egypt is trying to attract investors with a range of economic reforms and incentives. Most foreign investment goes to the energy sector.

Angola Cables has opened its carrier- neutral data center, Angonap Fortaleza, catering for the growing demand in content data transmission in the southern hemisphere. The facility is a primary interconnection point for the region and will host Angola Cables’ two newest intercontinental submarine cables, SACS (South Atlantic Cable System) and Monet. The center will accommodate other international submarine cable systems, backhaul providers, content providers and CDNs, including research and academic internet exchange points in Latin America. It will also enable African entities to develop businesses in different regions of Brazil, Latin America and the USA. “The… facility has far reaching advantages and benefits for CDNs, IXPs [and] OTTs as well as national and international telecom operators, and content providers seeking to extend and expand their global reach and product offerings from Brazil to the world,” said António Nunes, Angola Cables CEO.

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wiredInUSA - June 2019