Why data centre investors are flocking to Lagos’ coastline

To get a slice of Lagos’ booming data centre market—projected to reach 70 megawatts (MW) by 2027—global investors are pouring capital into Victoria Island and the Lekki Peninsula, two of the city’s most affluent urban neighborhoods. 

Thanks to its proximity to eight submarine internet cables, Lagos Island is positioned to become Africa’s second-largest data centre hub, trailing…