Robert Mullins, CEO of Raxio Data Centres, said: “This is a momentous milestone for Raxio, and we are very excited to have found in Proparco and EAIF the ideal long term partners, with common objectives and values. This substantial additional funding package is a resounding endorsement of what we have achieved so far and the soundness of our expansion strategy, and clearly positions Raxio as a leader in delivering world-class data centre infrastructure to markets across Africa. Raxio is committed to building a digital Africa, and this financing gives us the runway we need to continue executing our strategy.”
Local neutral-carrier data centres have a multiplier effect on domestic economies and are integral to the growth of a vibrant digital ecosystem. These centres will help improve connection speeds, enhance user experience, and reduce transit costs for internet service providers, enabling them to offer affordable tariffs for end consumers. EAIF’s commitment expands the ease of access to the digital economy for all segments of society and modern businesses, enhancing productivity and developing critical skills in secondary markets often overlooked.
