Lagos Data Centre & Cloud Hub
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Technology Lagos State In development

Lagos Data Centre & Cloud Hub

Overview

What this project will fund

Tier III data centre and cloud hub delivering resilient compute, storage and connectivity for enterprises and public services.

A carrier-neutral, Tier III data centre in the Lekki Free Zone designed to host enterprise workloads, cloud nodes and government digital services. Revenue comes from colocation leases, managed hosting contracts and hyperscaler cloud interconnect fees, with long-term offtake from Lagos State ministries and fintech anchors.

Project highlights

  • 2.5 MW initial capacity with N+1 power and cooling redundancy
  • Carrier-neutral fibre connectivity to five undersea cable landing stations
  • ISO 27001 and PCI-DSS certified operations from day one
  • 10-year colocation agreements with two Lagos State ministries
Roadmap

Project phases

  1. Phase 1
    Due diligence & SPV setup
    Upcoming
  2. Phase 2
    Investor subscription opens
    Upcoming
  3. Phase 3
    Construction & deployment
    Upcoming
  4. Phase 4
    Commissioning & first payout
    Upcoming
Deal terms

Financial structure

Total project size
$3.2M
Indicative raise
$1.6M
Investor share
To be confirmed at launch
Payout cadence
Quarterly
Risk factors

How we mitigate risk

  • Power reliability mitigated by dual utility feeds, on-site diesel and battery storage.
  • Customer concentration managed through diversified anchor tenants and shorter SME contracts.
  • Cyber-physical risk covered by 24/7 SOC, biometric access and annual penetration testing.
Partners & counterparties

Who we're in conversation with

The organisations below are being considered as partners and counterparties for this project. None of these relationships are finalised — they represent the shortlist we are actively engaging as the project moves toward launch.

Lagos State Ministry of Science & Technology MainOne (connectivity) Equinix (technical advisor) KPMG (audit)
Investor calculator

Project your returns

Based on an illustrative return of 10% APR over a 30-month tenor. Final terms will be confirmed when subscription opens.

This project is still in development. The rate and tenor shown are indicative only and may change before the raise goes live.
$
$50$50,000
Annual return
$100
10% of principal
Per quarterly payout
$25
10 payouts over tenor
Total over 30 mo
$250
Cumulative interest
Capital + returns
$1,250
Principal returned at maturity
Interactive projections

Charts update live as you adjust the investment amount.

· Stacked area shows your principal (stable) plus accumulating interest each quarter.· Over 30 months you hold 10 coupon periods.· Principal is returned at maturity, on top of cumulative coupons.

Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.

Capital stack

Where your slice will sit

A breakdown of how this project is expected to be financed. Higher tranches are repaid first from project cash flows once distributions begin.

  • Diaspora senior debt← your tranche55%
  • Sponsor equity25%
  • Grant / concessional20%
Repayment waterfall: senior tranches receive scheduled coupons before subordinated tranches. Equity is last to be paid and first to absorb losses.
Use of funds

How the raise is deployed

Every dollar is allocated against a line item in the project budget, audited quarterly.

  • Server racks, UPS & cooling34%
  • Fibre, cross-connects & networking18%
  • Facility fit-out & security16%
  • Land, power & civil works14%
  • Software & compliance certification10%
  • Contingency & O&M reserve8%
FAQ

Questions investors ask

Who are the anchor tenants?+

Two Lagos State ministries have signed 10-year colocation letters of intent, and negotiations are advanced with two Nigerian fintechs for managed hosting.

How is uptime guaranteed?+

The facility is designed to Tier III standards with N+1 redundancy, dual power paths and 24/7 remote monitoring backed by SLA credits.

Be first in line for Lagos Data Centre & Cloud Hub

This project is currently in development. Join the waitlist to be notified the moment investor subscription opens.