US data centre fears underscore need for South African investment
By Dr Jannie Zaaiman, CEO: SAICTA
The AI and Big Tech rout in the US last week, fuelled by concerns that the Democrats’ victory in the congressional mid-term elections could threaten much-needed data centre development, comes amid growing investor scrutiny of the financial viability of the global infrastructure boom, according to the Development Bank of Southern Africa (DBSA).
But rather than signalling a need to pull back, the uncertainty reinforces the importance of South Africa investing in its own digital infrastructure to meet growing demand and strengthen its position as a regional data centre hub.
By Dr Jannie Zaaiman, CEO: SAICTA
The AI and Big Tech rout in the US last week, fuelled by concerns that the Democrats’ victory in the congressional mid-term elections could threaten much-needed data centre development, comes amid growing investor scrutiny of the financial viability of the global infrastructure boom, according to the Development Bank of Southern Africa (DBSA).
But rather than signalling a need to pull back, the uncertainty reinforces the importance of South Africa investing in its own digital infrastructure to meet growing demand and strengthen its position as a regional data centre hub.
