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flag IFC invests $100M in Raxio to expand data centers in sub-Saharan Africa, boosting digital infrastructure.

flag The International Finance Corporation (IFC), part of the World Bank Group, has invested $100 million in Raxio Group to expand data centers across sub-Saharan Africa. flag This investment aims to meet the growing demand for digital infrastructure in underserved markets, boosting Africa's digital economy. flag Raxio plans to double its data center deployment within three years, focusing on countries like Ethiopia and Angola. flag The funding supports gender equity and inclusive growth, as well as private investment in poorer regions.

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