Africa’s digital infrastructure ambitions received a major boost as Raxio Group announced it has secured more than US$380 million in committed capital, positioning the company to accelerate the expansion of its carrier-neutral data centre network across the continent. The new investment comes amid soaring demand for cloud services, artificial intelligence (AI), and enterprise digital infrastructure.
The latest funding round includes additional equity from existing shareholders Meridiam and Roha, increasing Raxio’s capital base beyond the US$350 million it had previously raised. The investment builds on a US$100 million financing package secured from the International Finance Corporation (IFC) last year, alongside debt financing from Proparco and the Emerging Africa & Asia Infrastructure Fund (EAAIF).
The announcement follows a period of rapid business growth, with Raxio reporting a sixfold increase in contracted data centre capacity during the first half of 2026 compared to the same period a year earlier. The company says it is also seeing increasing demand for large-scale deployments exceeding 10 megawatts, driven by cloud adoption and AI workloads across Africa.
Currently, Raxio operates Tier III-certified, carrier-neutral data centres in Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’Ivoire, and Angola, while expansion into Tanzania is underway. The facilities are designed to provide resilient, high-availability digital infrastructure while enabling customers to connect with multiple network providers.
The investment comes at a pivotal moment for Africa’s digital economy. According to McKinsey, the continent’s installed data centre capacity is expected to increase from approximately 0.4 gigawatts today to between 1.5 and 2.2 gigawatts by 2030, potentially unlocking more than US$20 billion in new value across the digital infrastructure ecosystem.
With fresh capital and an expanding regional footprint, Raxio is positioning itself to meet Africa’s growing demand for secure, scalable, and sustainable digital infrastructure as businesses, governments, and technology companies continue accelerating digital transformation initiatives.
