Raxio lands $100m to expand sub-Saharan African data centres
Author: Carly Weller
Raxio Group has signed an agreement for $100 million in financing from the International Finance Corporation (IFC) to accelerate Raxio’s expansion of data centres to power key technologies like AI, cloud computing and digital financial services – critical enablers of African economic growth and digital inclusion.
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, the Democratic Republic of Congo, Côte d’Ivoire, Tanzania and Angola.
Raxio is committed to bridging Africa’s 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.
“Raxio’s business model shows how digital infrastructure can empower businesses, governments and communities to thrive in the digital economy,” says Sarvesh Suri, IFC Regional Industry Director, Infrastructure and Natural Resources in Africa. “This partnership between Raxio and IFC is set to strengthen Africa’s digital ecosystem and catalyse further investments and regional integration, building a more inclusive and sustainable future.”
“This funding from IFC is a powerful endorsement of Raxio’s vision and operational excellence,” says Robert Skjødt, CEO of Raxio Group. “It 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’re building the foundation for Africa’s digital future and setting new benchmarks for sustainability.”
Raxio’s facilities are designed for 24/7 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.
In the Democratic Republic of Congo, Raxio’s Kinshasa facility is poised to meet growing demand for data services in one of Africa’s largest and fastest-growing urban centres. In Côte d’Ivoire, 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.
