Raxio Group, a leading Sub-Saharan African data center platform, has signed an agreement for $100 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group. The funding will accelerate Raxio's expansion of facilities powering key technologies like AI, cloud computing and digital financial services - critical enablers of Africa's economic growth and digital inclusion.

Raxio Group is Africa's premier provider of Tier III carrier-neutral colocation data centers, offering reliable and scalable infrastructure to support the continent's digital transformation. With facilities in Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d'Ivoire, Tanzania, and Angola, Raxio delivers high-quality services that enable businesses and institutions to thrive in the digital age. Committed to sustainability and innovation, Raxio integrates renewable energy solutions to minimize environmental impact while empowering economic growth across Africa.