INFRAGORA Global Capital plans to begin construction of two AI-ready data centers in Nigeria in the second quarter of 2027, with the proposed investment estimated at $650 million to $1 billion.
The South African infrastructure investment firm plans to build the facilities in Lagos and Delta State under its AFRIDATA Datacenter Platform, targeting businesses that need computing power, cloud infrastructure and data storage.
The centers are expected to deliver a combined capacity of 60-70 megawatts, with expansion to 100 megawatts. Financial close is expected before construction begins.
The project has not yet secured publicly disclosed construction financing. The US Trade and Development Agency is funding a $1.87 million feasibility study to assess its technical and commercial viability.
For founders, the proposed facilities could offer another source of local infrastructure for AI applications and cloud-based products. However, the cost and accessibility of those services will determine whether startups can benefit