Raxio Group Secures US$380m for Data Centres in Africa

African data centre platform Raxio Group has surpassed US$380m in committed capital. The funding expansion follows a sixfold surge in contracted capacity during the first half of 2026, with existing shareholders Roha and Meridiam increasing their equity stakes to support the next phase of regional growth.

The capital injection builds on a previous baseline of US$350m. The total capital package includes a US$100m financing agreement secured from the International Finance Corporation last year, alongside debt funding from Proparco and the Emerging Africa & Asia Infrastructure Fund.

This infrastructure expansion comes as McKinsey projects a phase of accelerated growth for African digital infrastructure, predicting installed capacity requirements will rise from 0.4GW to between 1.5 and 2.2GW by 2030.

Capital boost for regional expansion

Raxio has established a widespread footprint across the continent, operating facilities in Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d'Ivoire and Angola, alongside a project under development in Tanzania. 

These carrier-neutral, colocation facilities are Tier III certified to guarantee high reliability, enabling diverse organisations to interconnect with multiple network providers. Commercial demand has accelerated alongside this footprint, with contracted power capacity in the first half of 2026 growing sixfold compared to the same period last year.

"Demand for high-quality data centre infrastructure continues to accelerate across Africa, driven by rapid digital adoption, cloud migration and the emergence of significant AI workloads," says Robert Skjødt, CEO of Raxio Group.

"As we enter the next phase of growth, this additional capital strengthens our ability to capture these opportunities and continue delivering world-class, carrier-neutral infrastructure for our customers."

Meeting hyperscale and AI demand

Market requirements are shifting towards larger infrastructure deployments. The company is managing a growing pipeline of opportunities that require capacities of 10MW and above, which are larger than previous projects.

To support higher-performance computing and AI workloads, the platform is increasing rack densities across its facilities while exploring further geographic expansion.

"This investment allows us to stay ahead of demand by expanding capacity across our existing platform while progressing the next generation of developments already in our pipeline," says Robert. 

"We are seeing customer requirements evolve rapidly, with a growing number of opportunities requiring deployments of 10MW and above, alongside higher rack densities to support AI and cloud workloads. Our focus is to ensure we have the power, connectivity and operational capability to meet those requirements while maintaining the quality and resilience our customers expect."

Sustained shareholder backing underlines the scale of the infrastructure opportunities opening up across these markets.

"Raxio has built a unique platform that is positioned to take the lead in serving some of Africa's fastest-growing digital markets," says Brooks Washington, Founder and CEO of Roha. 

"Since we launched Raxio, the company’s success has continued to create opportunities at the forefront of digital infrastructure in Africa, with even more room to grow than we initially planned. We are pleased to deepen our support for the business and look forward to helping accelerate its next stage of growth."

Developing a digital ecosystem

The scaling of regional data infrastructure requires deep collaboration across multiple sectors to secure operational inputs.

"Building a successful data centre business isn't just about constructing buildings and the technology – it's about creating an ecosystem," says Robert. "We work closely with utilities to secure resilient power, with carriers and fibre providers to create rich connectivity, with governments to help develop digital infrastructure, and with cloud providers and enterprise customers to understand where demand is heading next. 

“The strength of those relationships is one of our biggest competitive advantages because it allows us to scale alongside our customers rather than simply reacting to the market."

Long-term investment partners emphasise that management and strategy remain central to navigating these market shifts.

"Our continued investment reflects our confidence in Raxio's management team, strategy and long-term role in enabling Africa's digital transformation," says Mete Saracoglu, COO for Africa at Meridiam. 

"Raxio has established a leading platform with strong growth characteristics, and we see significant opportunity to scale the business further as market demand continues to evolve."