Old Mutual Alternative Investments Diversified Credit capability invests in Africa’s largest data center, Teraco.The creation of energy-efficient data centers, such as Teraco, is aligned to purposefully acting to be part of the solution in facing global environmental, social and governance (ESG) challenges.02 February 2023

We are pleased to announce that our Diversified Credit capability has invested in Teraco, Africa’s largest data center, through syndicated loan refinance.

The demand for data and the necessity of digital transformation in Africa will continue to drive demand for energy efficient, high-quality data center infrastructure. This investment will facilitate the development of critical digital infrastructure, contribute towards carbon footprint reduction, and enable meaningful employment opportunities.

We adopt an integrated approach to sustainability, applying an equal focus on risk management and positive impact outcomes. The creation of energy-efficient data centers, such as Teraco, is aligned to purposefully acting to be part of the solution in facing global environmental, social and governance (ESG) challenges.

The investment thesis is aligned with our telecommunications funding strategy and fits our client’s portfolio including long-dated asset liability matching, corporate infrastructure lending.

*OMAI’s Diversified Credit capability originates high quality credit assets and currently manages over ZAR20 B of credit assets for the group.