Raxio is already present in Uganda where it operates a 1.5 MW data center. The company also has facilities under construction in Ethiopia, Mozambique, DRC, Ivory Coast and Angola.
Data center operator Raxio Data Centers announced on Wednesday October 25 that it had raised $46 million in equity capital from its shareholders Roha and Meridiam. This new financing should allow the company to continue the expansion of its data center network in Africa.
This new financing comes approximately six months after Raxio successfully secured a $170 million loan from the EmergingAfrica Infrastructure Fund (EAIF) and Proparco, the branch of the French Development Agency (AFD) responsible for private sector financing. in developing countries. Starting in 2019, the company has committed to building ten to twelve data centers across the continent to meet the growing demand for connectivity, storage and data processing.
As a reminder, Raxio already operates a 1.5 MW data center in Uganda. The company has facilities under construction in Ethiopia, Mozambique, Democratic Republic of Congo (DRC), Ivory Coast and Angola.
“ This funding will help Raxio expand and consolidate its position as the provider with the largest geographic data center footprint in Africa, at a time when demand for high-quality digital infrastructure in Africa continues to grow, both from international and local companies ,” said Brooks Washington, partner at Roha.