Raxio raises its funding pool to $380m and heads for Tanzania
Raxio Group, the pan-African colocation operator, is entering Tanzania and has lifted its funding pool to $380m. The money comes from its two main shareholders, the French infrastructure investor Meridiam and the US-based Roha Group, both of which have put fresh equity in before.
“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,” said Robert Skjodt, Chief Executive Officer 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.”
The company already runs carrier-neutral facilities in the Democratic Republic of Congo, Mozambique, Ivory Coast, Angola, Ethiopia, and Uganda, and has built its strategy around markets that hyperscalers have historically skipped.
Tanzania has been on that list for a while. Raxio announced a Dar...
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