Equinix, Inc., a digital infrastructure company, announced its expansion into Africa through its intended acquisition of MainOne, a West African data centre and connectivity solutions provider, with a presence in Nigeria, Ghana and Côte d’Ivoire. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the requisite regulatory approvals.

The transaction has an enterprise value of $320 million and is expected to be AFFO ac...