Two AI-ready data centres are coming to Nigeria, backed by a project that carries a price tag of between $650 million and $1 billion. The South African infrastructure investment firm INFRAGORA Global Capital announced plans to break ground by the second quarter of 2027, with financial close expected before construction begins. Kiel Odiogo, the firm's senior managing director, confirmed the timeline to TechCabal, noting that the proposed facilities are currently in the final stages of detailed assessment and design.
The two sites form part of INFRAGORA's AFRIDATA data centre platform, which the company describes as the flagship of a much larger continental push. That wider platform carries an estimated value of $3 billion to more than $5 billion, with between 300MW and 550MW of additional capacity planned across Ghana, Côte d'Ivoire, Kenya, Tanzania, Angola, South Africa and Egypt.
The Nigeria facilities rank among the country's largest planned data centre investments, sitting alongside other projects already in development, including Kasi Cloud's 100-megawatt centre backed by an estimated $250 million in initial capitalisation. Demand for computing infrastructure to support AI, cloud services and enterprise data processing is clearly driving a new wave of serious capital into the market.
The US Trade and Development Agency is funding a feasibility study for the INFRAGORA project, covering technical and financial assessments and the facilities' capacity to handle AI workloads. The agency's involvement is also designed to open doors for American technology companies supplying everything from computing hardware to cybersecurity solutions.
On the funding side, INFRAGORA says the project has attracted commitments from regional and global institutional investors, though the firm has not disclosed specific backers or amounts secured. "We cannot disclose specific funding secured due to confidentiality obligations," Odiogo said, adding that capital mobilisation is on track. Whether those commitments hold as construction timelines approach is the question worth watching.
Originally published by TechCabal.