Raxio Data Centres, a pan-African data center developer and operator, has secured a $170 million financing package to roll out state-of-the-art, efficient Tier III certified data center infrastructure across the continent.
Raxio, Roha and Meridiam secured the $170 million sustainability-linked debt facility in multiple tranches. The financing package includes $110 million from Proparco and the Emerging Africa Infrastructure Fund (EAIF), a private infrastructure development group (PIDG) company. This sustainability-linked financing package, anchored in ESG principles, promotes energy efficiency, responsible water-use practices and female empowerment; all of which align with the core values of the lenders, Raxio and its shareholders.
With its current portfolio of sites, Raxio has the widest geographic coverage of any data center operator in Africa. The company’s footprint currently covers seven countries in Africa, including Uganda, Ethiopia, Mozambique, the Democratic