{"id":73760,"date":"2025-05-03T23:48:47","date_gmt":"2025-05-03T22:48:47","guid":{"rendered":"https:\/\/www.intelligentcio.com\/africa\/?p=73760"},"modified":"2025-05-22T10:16:14","modified_gmt":"2025-05-22T09:16:14","slug":"raxio-secures-100m-financing-from-ifc-to-develop-colocation-data-centres-in-sub-saharan-africa","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/africa\/2025\/05\/03\/raxio-secures-100m-financing-from-ifc-to-develop-colocation-data-centres-in-sub-saharan-africa\/","title":{"rendered":"Raxio secures $100M financing from IFC to develop colocation data centres in Sub Saharan Africa"},"content":{"rendered":"\n<p>Raxio Group, a Sub-Saharan African data centre platform, has signed an agreement for $100 million in financing from the International Finance Corporation, IFC, a member of the World Bank Group. The funding will accelerate Raxio\u2019s expansion of facilities powering key technologies like AI, cloud computing and digital financial services \u2013 critical enablers of Africa\u2019s economic growth and digital inclusion.&nbsp;<\/p>\n\n\n\n<p>The debt funding from IFC will help Raxio double its deployment of high-quality colocation data centres within three years, addressing growing demand in underserved markets across the continent. The company is developing a Sub-Saharan African regional data centre platform in countries including Ethiopia, Mozambique, Democratic Republic of Congo, C\u00f4te d\u2019Ivoire, Tanzania, and Angola.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Raxio is committed to bridging Africa\u2019s digital divide by introducing Tier III-certified, carrier-neutral, and secure data services to markets that have been overlooked by other providers. With a focus on high-growth areas, the company is tapping into regions with significant economic potential to unlock new opportunities across the continent.&nbsp;&nbsp;<\/p>\n\n\n\n<p>\u201cRaxio\u2019s business model shows how digital infrastructure can empower businesses, governments and communities to thrive in the digital economy,\u201d said <a>Sarvesh Suri, IFC Regional Industry Director, Infrastructure and Natural Resources in Africa.<\/a><\/p>\n\n\n\n<p>\u201cThis partnership between Raxio and IFC is set to strengthen Africa\u2019s digital ecosystem and catalyse further investments and regional integration, building a more inclusive and sustainable future.\u201d&nbsp;<\/p>\n\n\n\n<p>IFC\u2019s commitment builds on earlier debt funding from Proparco and the Emerging Africa Asia Infrastructure Fund and equity investments from Roha Group and Meridiam. IFC\u2019s financing includes concessional funding from the GROW Facility, which seeks to advance gender equity and inclusive economic growth through blended finance, and the IDA Private Sector Window, which supports private investment in the world\u2019s poorest and most fragile markets.<\/p>\n\n\n\n<p>With IFC\u2019s endorsement, Raxio is poised to accelerate its growth across its markets, while upholding the highest standards of reliability, scalability, and sustainability.&nbsp;<\/p>\n\n\n\n<p>\u201cThis funding from IFC is a powerful endorsement of Raxio\u2019s vision and operational excellence,\u201d said Robert Skj\u00f8dt, CEO of Raxio Group. \u201cIt will allow us to bring critical infrastructure to the regions that need it most and attract further investment as we continue to grow. Together with our other partners, we\u2019re building the foundation for Africa\u2019s digital future and setting new benchmarks for sustainability.\u201d&nbsp;<\/p>\n\n\n\n<p>Raxio\u2019s facilities are designed for 24&#215;7 reliability, ensuring uninterrupted service even during maintenance or unforeseen disruptions. The company integrates renewable energy solutions to minimise its environmental footprint and uses innovative energy-efficient equipment to reduce electricity and water consumption for cooling in several of its countries of operation.&nbsp;&nbsp;<\/p>\n\n\n\n<p>In the Democratic Republic of Congo, Raxio\u2019s Kinshasa facility is poised to meet growing demand for data services in one of Africa\u2019s largest and fastest-growing urban centres. In C\u00f4te d\u2019Ivoire, Raxio is establishing a digital hub to serve Francophone West Africa, connecting regional markets and facilitating cross-border trade. These efforts are empowering local businesses and integrating them into the global digital economy.&nbsp;<\/p>\n\n\n\n<p>Founded in 2018 by Roha Group, Raxio has rapidly grown to become a leading Sub-Saharan African regional data centre platform. By addressing the continent\u2019s critical need for reliable, scalable digital infrastructure, Raxio is playing a pivotal role in Africa\u2019s digital transformation. With IFC\u2019s support, Raxio is set to expand its role as a leading data centre provider in Sub-Saharan Africa.&nbsp;<\/p>\n\n\n\n<p>Raxio Group is Africa\u2019s provider of Tier III carrier-neutral colocation data centres, offering reliable and scalable infrastructure to support the continent&#8217;s digital transformation. With facilities in Uganda, Ethiopia, Mozambique, Democratic Republic of Congo, C\u00f4te d\u2019Ivoire, Tanzania, and Angola, Raxio delivers high-quality services that enable businesses and institutions to thrive in the digital age.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"450\" src=\"https:\/\/www.intelligentcio.com\/africa\/wp-content\/uploads\/sites\/5\/2025\/05\/08_Sarvesh-Suri-IFC-Regional-Industry-Director-Infrastructure-and-Natural-Resources-Africa_1000x450.jpg\" alt=\"Sarvesh Suri, IFC Regional Industry Director, Infrastructure and Natural Resources, Africa\" class=\"wp-image-73733\" srcset=\"https:\/\/www.intelligentcio.com\/africa\/wp-content\/uploads\/sites\/5\/2025\/05\/08_Sarvesh-Suri-IFC-Regional-Industry-Director-Infrastructure-and-Natural-Resources-Africa_1000x450.jpg 1000w, https:\/\/www.intelligentcio.com\/africa\/wp-content\/uploads\/sites\/5\/2025\/05\/08_Sarvesh-Suri-IFC-Regional-Industry-Director-Infrastructure-and-Natural-Resources-Africa_1000x450-300x135.jpg 300w, https:\/\/www.intelligentcio.com\/africa\/wp-content\/uploads\/sites\/5\/2025\/05\/08_Sarvesh-Suri-IFC-Regional-Industry-Director-Infrastructure-and-Natural-Resources-Africa_1000x450-768x346.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption class=\"wp-element-caption\"><em>Sarvesh Suri, IFC Regional Industry Director, Infrastructure and Natural Resources, Africa<\/em><\/figcaption><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raxio Group, a Sub-Saharan African data centre platform, has signed an agreement for $100 million in financing from the International Finance Corporation, IFC, a member of the World Bank Group. The funding will accelerate Raxio\u2019s expansion of facilities powering key technologies like AI, cloud computing and digital financial services \u2013 critical enablers of Africa\u2019s economic [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":73732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16131,565,182,46,9058,298,399,38,9059,13,262,9060],"tags":[411,13276,6253,1203,4450,929,14222,18199,18200,715],"class_list":["post-73760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-banking-finance","category-cloud","category-data-centres","category-east-africa","category-main-story-newsletter","category-more-news","category-networking","category-south-africa","category-top-stories","category-used","category-west-africa","tag-angola","tag-cote-divoire-3","tag-democratic-republic-of-congo","tag-ethiopia","tag-ifc","tag-mozambique","tag-raxio-group","tag-robert-skjodt","tag-sarvesh-suri","tag-tanzania"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/73760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=73760"}],"version-history":[{"count":5,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/73760\/revisions"}],"predecessor-version":[{"id":74052,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/73760\/revisions\/74052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/73732"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=73760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=73760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=73760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}