SDG 9.C + 8.5 – Increase access to information communication technology, supporting economic growth and job creation.

Expected impact: Reduce latency and improve speed to improve business performance. Several business sectors are expected to benefit across the economy. Those who are highly dependent on internet for business operations and/or suffer from connectivity issues are expected to feel the largest impact.

Challenge: There is little or no carrier neutral data centre capacity in target countries which has resulted in slow and expensive internet connectivity for business customers.

Channel: Add data centre capacity to enable business customers to utilise stable and reliable services in an efficient and cost-effective manner.

Outcome: Demonstrate the success of the model to enable a greater number of data centres, further driving economic growth through enhanced internet services.

Mobilised $91m of private sector investment.

Transition risk: Raxio is actively looking to reduce its greenhouse gases (GHG) footprint and integrate more renewables across their data centres.

Resilience: Greater demand for power for cooling and associated increases in operating expenditure (OPEX) from grid power purchase and/ or diesel consumption have been considered. A climate risk and vulnerability assessment will be conducted for each data centre. Actions could include emergency response training on managing on wildfires, health and safety training on heat stress management for workers and measures to manage water risks.

The project company have committed to a 30% female labour force target through the sustainability linked loan, with an action plan to be delivered detailing how this will be achieved.

As part of the due diligence process, 20 HSES improvements were identified which are now reflected in the Project Environmental and Social Action Plan (ESAP).