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Ethiopia

The Tech Capital Raxio Data Centres secures sustainability-linked debt facility of up to $170m

Raxio, Roha and Meridiam have secured a sustainability-linked debt facility of up to US$170 million in multiple tranches for Raxio Data Centres, a pan-African data centre developer and operator. The financing package includes US$110 million from Proparco and the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company. The fin...

April 18

The Tech Capital Safaricom deploying $100m data centre in Ethiopia

Kenyan mobile network Safaricom Plc (NR: SCOM) is setting up a data centre facility in Ethiopia’s capital of Addis Abeba. The facility is being deployed at a capital expenditure of US$100 million, according to news house Addis Fortune. The centre, which will operate under Safaricom’s local subsidiary Safaricom Ethiopia Plc, has been assembled in China and shipped ove...

January 27

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