STANLIB to Acquire Stake in Cassava Data Centres to Support Digital Infrastructure Expansion in South Africa
DATA AND AI INFRASTRUCTURE
STANLIB Asset Management, through STANLIB Infrastructure Fund II, is set to acquire a substantial stake in Cassava Africa Data Centres, pending approval from the Competition Tribunal. This investment aims to bolster digital infrastructure and cloud service demand across Africa. Cassava operates three data centers in South Africa located in Johannesburg-Midrand, Centurion, and Cape Town, totaling 30 MW of capacity, with an additional 20 MW data center currently under construction in Cape Town.
Feb 14, 2026, 6:52 PM
