Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year.
The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building on a US$100 million financing package secured from the World Bank Group’s International Finance Corporation (IFC) last year, along with debt funding from Proparco and the Emerging Africa & Asia Infrastructure Fund (EAAIF).
Raxio is poised for further momentum as Africa’s digital infrastructure approaches an inflection point, with McKinsey projecting “a phase of accelerated growth” boosting need for installed capacity from 0.4 gigawatts today to between 1.5 and 2.2 gigawatts by 2030, unlocking at least $20 billion in new revenue across the value chain.[1]
Raxio is catering to this demand, having established the continent’s widest data centre footprint, with facilities in Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’Ivoire and Angola, and planned expansion into Tanzania under development. All are Tier III certified, ensuring high levels of reliability, and colocation carrier-neutral, which enables a wide range of organisations to interconnect with multiple network providers — delivering greater resilience, flexibility and choice.
With this expanded capacity coming online, Raxio signed contracts for six times more power during the first half of 2026 than in the same period last year. As the market evolves, Raxio is receiving a growing pipeline of opportunities requiring deployments of 10 megawatts and above – significantly larger than past projects. The company is increasing rack densities to support higher-performance computing and AI workloads while evaluating further expansion opportunities across the continent.
Raxio has built more greenfield data centres in Africa than any other independent player. The company designs and operates its facilities to world-class standards for efficient power and water usage and continues to explore opportunities to incorporate renewable energy solutions alongside grid infrastructure as demand scales.
