The sub-Saharan African data centre company, Raxio Group, has announced an agreement with the International Finance Corporation (IFC) (a member of the World Bank Group), having secured $100 million in financing.
The investment is set to boost Raxio’s expansion of data centres in Africa in the next three years. The funds will support data centre technologies including cloud computing, AI, and digital financial services, held to be important to Africa’s economic development. Raxio hopes to help more Africans from underprivileged…

