Raxio, an Amsterdam, the Netherlands-based Sub-Saharan African data center platform, received $100M in Debt funding.
IFC provided the financing.
The funding will accelerate the company’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.
Founded in 2018 by Roha Group, and led by Robert Skjødt, CEO, Raxio is developing a Sub-Saharan African regional data center platform in countries including Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’Ivoire, Tanzania, and Angola. Raxio’s facilities are designed for 24/7 reliability, ensuring uninterrupted service even during maintenance or unforeseen disruptions. The company integrates renewable energy solutions to minimize its environmental footprint and uses innovative energy-efficient equipment to reduce electricity and water consumption for cooling in several of its countries of operation.
FinSMEs
04/04/2025