In 2019, Raxio committed to building ten to twelve data centers in Africa. The company is growing rapidly and continues its expansion on the continent.

Raxio Data Centres, a Tier 3 data center provider focused on the African continent, announced on Wednesday, October 25, that it has secured $46 million in acuity funding from its existing shareholders Meridiam and Roha. The funds will be used to continue its expansion in African markets.

"This funding will help Raxio expand and consolidate its position as the provider with the widest geographic footprint of data centers in Africa at a time where demand for high-quality digital infrastructure in Africa continues to grow from both international and local businesses," said Brooks Washington, partner at Roha.

Various public and private players are injecting significant funds into the development of technological infrastructures on the continent. According to the International Telecommunication Union, Africa is home to less than 2% of the world's data centers, and the industry's global giants see this as an opportunity and are investing in several countries, including South Africa, Nigeria, and Kenya.

Earlier in the year, Raxio secured a $170 million loan from the Emerging Africa Infrastructure Fund (EAIF) and Proparco, the private sector financing arm of French development agency AFD, to accelerate its growth in Africa. The company is present in Uganda, Ethiopia, Mozambique, Côte d'Ivoire, the Democratic Republic of Congo, Angola and Tanzania.

Robert Mullins, President and CEO of Raxio Data Centres, explains that "this capital injection will allow Raxio to continue to expand its presence across the continent and to deliver the resilient mission-critical environments" Radio clients demand.

Adoni Conrad Quenum