April 20

Raxio Group Gets $33 Million in African Data Market Investment

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a $33-million sustainability-linked debt facility to Raxio Group, a pan-African data centre developer and operator. The funding enables the design, construction, operation, and management of a series of high-impact data centres in seven countries across sub-Saharan Africa.

Photo courtesy of Bob Mical.

Source: IT-Online (link opens in a new window)

Investing, Technology
data, digital inclusion, infrastructure