STANLIB Infrastructure Fund II (Stanlib) will acquire a substantial stake in Cassava Africa Data Centres (ADC) and will exercise joint control, while also examining the possibility of acquiring full control.
The data centre operator ADC is a business unit of African technology group Cassava Technologies. Currently ADC operates a network of hyperscale and edge data centres across Southern, East and West Africa and provides carrier and cloud-neutral infrastructure for co-location, interconnection and cloud on-ramps.
ADC operates three facilities in South Africa in Midrand (JHB1), Centurion (JHB2) and Cape Town (CPT1) and has a fourth currently under construction in Cape Town (CPT2). In total, the company has a total capacity of 30MW across these facilities and is building an extra 20MW.
The acquisition news comes after Stanlib signed a strategic partnership with Cassava Technologies in October 2025. Investing in ADC to rapidly accelerate its South African footprint, Stanlib said it would help enable ADC to meet growing demands for digital infrastructure within the country, in addition to driving the expansion of AI-ready data centres at ADC’s campuses in Johannesburg and Cape Town.
Speaking at the time, Andy Louw, co-head at Stanlib said: “We are proud to partner with Africa Data Centres, a leader in Africa’s digital evolution. Data centres are critical infrastructure for the modern economy, and our investment will strengthen South Africa’s digital backbone, enabling ADC to contribute meaningfully to the country’s growth.
“It aligns with our desire to be an economic enabler for the South African economy by deploying capital that drives growth.”
Hardy Pemhiwa, president and group CEO of Cassava Technologies, added: “Partnering with Stanlib strengthens our South African operations and validates the robust foundation we’ve built.
“It provides us the scale required to serve major hyperscalers and enterprises as they rapidly increase their demand for secure, high-capacity connectivity and cloud services across the region.”
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