Raxio has secured over US$380 million to expand its African data centre network, supporting rising demand for AI, cloud computing, and digital infrastructure across the continent.
The latest funding follows additional equity commitments from existing shareholders Meridiam and Roha, extending Raxio's capital base beyond the US$350 million previously secured to support its pan-African growth strategy.
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The investment builds on a US$100 million financing package from the International Finance Corporation (IFC), part of the World Bank Group, alongside debt financing from Proparco and the Emerging Africa & Asia Infrastructure Fund (EAAIF).
Africa's digital infrastructure market is entering a period of rapid expansion as cloud adoption, AI deployment, and digital transformation drive demand for modern data centres.
According to McKinsey, the continent's installed data centre capacity is projected to increase from approximately 0.4 gigawatts today to between 1.5 and 2.2 gigawatts by 2030, creating an estimated US$20 billion revenue opportunity across the digital infrastructure value chain. Raxio is positioning itself to capture this growth by expanding one of the continent's largest carrier-neutral data centre networks.
The company currently operates Tier III-certified data centers in Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d'Ivoire, and Angola, with a new facility under development in Tanzania.
Its carrier-neutral model allows enterprises, cloud providers, and telecommunications operators to connect with multiple network providers, improving resilience, flexibility, and service availability.
Raxio reported a significant increase in customer demand during the first half of 2026, signing contracts for six times more power capacity than during the same period last year.
The company also said it is seeing growing demand for larger deployments exceeding 10 megawatts, reflecting the increasing infrastructure requirements of hyperscale cloud providers and AI workloads.
To support these emerging use cases, Raxio is increasing rack densities and upgrading facilities to accommodate high-performance computing and next-generation AI applications while evaluating further expansion opportunities across Africa.
Robert Skjodt, Chief Executive Officer of Raxio Group, said demand for high-quality data centre infrastructure continues to accelerate, driven by cloud migration, rapid digital adoption, and the emergence of AI workloads.
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He said the additional capital will enable the company to expand its carrier-neutral platform while continuing to deliver world-class digital infrastructure across Africa.
Roha Founder and CEO Brooks Washington said Raxio has built a leading platform serving some of Africa's fastest-growing digital markets and remains well-positioned for further expansion.
Meridiam Chief Operating Officer for Africa, Mete Saracoglu, added that the firm's continued investment reflects confidence in Raxio's long-term strategy and its role in supporting Africa's digital transformation.
Raxio has developed more greenfield data centers across Africa than any other independent operator and continues to design its facilities with a focus on energy efficiency and sustainable resource management.
The company is also exploring opportunities to integrate renewable energy alongside existing grid infrastructure as demand for digital services continues to scale.
With fresh capital and rising enterprise demand, Raxio plans to accelerate the expansion of its pan-African data centre network while supporting the continent's growing cloud, AI, and digital economy.
As governments and businesses continue investing in digital infrastructure, the company is positioning itself to become a critical enabler of Africa's next phase of technology-driven economic growth.
Why It Matters to Africa and the GCC
Raxio's latest funding highlights Africa's growing importance as the next frontier for digital infrastructure investment. As cloud adoption, AI deployment, fintech, and digital services accelerate, demand for carrier-neutral, hyperscale-ready data centres is rising rapidly across the continent. Expanding local infrastructure will help reduce latency, strengthen data sovereignty, and support the growth of Africa's digital economy.
For the GCC, the investment reinforces deepening digital infrastructure ties with Africa. Gulf countries, particularly the UAE and Saudi Arabia, are investing heavily in AI, hyperscale cloud, and sovereign digital infrastructure while expanding their technology investments across African markets.
As cross-border data flows, cloud services, and AI applications continue to grow, a stronger digital infrastructure across Africa creates new opportunities for partnerships, capital investment, enterprise expansion, and regional technology integration between Africa and the GCC.
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