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...

Pan-African data centre developer and operator Raxio Group has unveiled plans to expand its footprint into Tanzania as expansions throughout the continent continue to gain pace. The rollout of a “metro-edge” data centre facility will be done under a new subsidiary, Raxio Tanzania, with operations expected to commence in 2023. Raxio Tanzania will be the sixth data cen...

Telecom operator Airtel Africa plc (LSE: AAF) has posted record figures in its half-year report as the business continues to work on its tower portfolio. The company posted revenue grew of 25.2% to US$2,272 million with double-digit growth across all regions including Nigeria up 32.4%, East Africa up 25.8% and Francophone Africa up 22.1%. Q2 reported revenue growth of 20.3%...