Angola Cables is gearing up to establish a data center in the Brazilian city of Fortaleza as part of its construction of a sub-sea cable system connecting Africa with Latin America and the United States.
Slated to be ready in the middle of 2018, the cable system will offer the first direct, high-capacity southern transatlantic connection. Similar facilities will be built in Luanda, Angola, and Miami.
The African firm has stated in a press release that it had secured US$130 million from Banco de Desenvolvimento de Angola (Angola Development Bank) to build the Brazilian data center.
Part of this money will also be used to build landing stations for the South Atlantic Cable System (SACS) and Monet submarine cables.
The cable system is part of the company’s broader plan to tap into the market for cloud and IoT services in developing countries, according to Artur Mendes, CCO of Angola Cables.
The Fortaleza data center will occupy an area of 10,000 sq meters, with 3,000 sq meters of floorspace being dedicated to IT loads. Analysts say the cable system will further reduce the price of internet services in Brazil.
Angola Cables is a consortium of five main national telecommunication firms operating in the African country, with the state-run Angola Telecom being the majority shareholder.
Demand for data centers is growing in Brazil. Last week, U.S. equity investor Blackstone announced a decision to invest in Brazil’s data center and telecom service provider Ascenty.
“Latin America continues to be a vastly underserved market,” stated Chris Torto, CEO of Ascenty, citing the demand for data center services in the country.
Last year, Oracle said it was planning to double its data center capacity in Brazil.