Visium Technologies, Inc. announced that the Company is entering the West Africa data center construction market after it landed a contract valued at over $20 million from its partner, Cybastion Institute of Technology, to oversee the design and construction of data centers in the Republic of Cote d'Ivoire and the Republic of Benin. Under this comprehensive contract, Visium is tasked with creating data centers that meet specific requirements and standards, ensuring optimal performance and reliability. The scope of work includes data center architecture and design, power controls and distribution systems, rack layouts, network topology, vendor high availability, and a comprehensive security stack which will includes Visium's proprietary TruContextTM cybersecurity platform.

The creation of the national data center in Cote d'IvoIRE is intended to ensure the digital sovereignty of the country, along with the establishment of a cybersecurity training center. The groundbreaking ceremony for the data center is scheduled to take place in Abidjan, Cote D'Ivoire on December 4, 2023. Visium's corporate objective is to emerge as an important provider addressing the escalating demand for data center capacity and enhanced cybersecurity in sub-Saharan Africa.

The African market is projected to have a compound annual growth rate of 15% to 20% through 2030, and the data center market in Africa is anticipated to reach $5 billion by 2026. Across Africa, there is an increasing demand for high-quality data centers that are both ESG-compliant and cost-effective.