Vaninga, a subsidiary of Athlone Investments Limited (ATLN:TA), currently undergoing a brand change to APIO, is pleased to announce that it has received a Letter of Intent from Business Connexion (BCX) securing a three year deal for the provision of data centre services in Mozambique valued at between $US4m and $US5m over the term of the proposed agreement. BCX’s commitment effectively accounts for all of the capacity of the first phase of the modular data centre, currently under construction and due for completion by the end of February 2015 with services beginning mid-March 2015.
The deal forms part of APIO’s structured expansion through Africa utilising strategic partnerships, investment and a focus on building sustainable infrastructure in support of the Continent’s growth.
BCX which is listed on the Johannesburg Stock Exchange (BCX:SJ) operates in half a dozen African countries, the UAE and the UK and generates an annual revenue of over $600 million dollars providing connectivity, application and data solutions for large enterprise, government, Telco’s and small to medium (SME) enterprise customers.
Gordon Edwards, Chairman of APIO states: “We are extremely pleased to have BCX as a key customer in our first data centre in Mozambique. Our planning for carrier neutral datacentres is now validated with a company of the calibre of BCX committing as a long term anchor customer”.
Vaninga and Investimentos Lda, a Mozambican corporation, in which APIO holds a controlling stake, is licensed to build and operate data centres and an array of telecommunications services in Mozambique.
Vaninga has also received a Letter of Intent from Internet Solutions (IS) a subsidiary of Dimension Data (part of the NTT Group). The proposed commercial terms remain confidential save that the intention is that it will be a five year agreement for APIO to provide Infrastructure as a Service, co-location and hosting, disaster recovery, Cloud and virtualization services to IS.
APIO aims to move beyond the traditional data centre model of providing hosting and co-location through the addition of virtual and dedicated suites and storage servers, offering rich and versatile Cloud and virtualisation services. There is a dearth of data centre supply in Mozambique, and across much of the continent, and APIO is prepared to capitalise on this market opportunity through partnerships and sustainable growth opportunities that will support the continent’s growth and its ability to enter into the global economy with confidence.
Source: Athlone Investments Limited