Transaction Summary
The International Finance Corporation (IFC) has committed a $100 million loan to Raxio Group (Raxio), a pan-African data centre developer and operator established in 2018. Raxio builds and manages secure, scalable, carrier-neutral data centres across key African markets, including Uganda, Ethiopia, and Ivory Coast. The $100 million financing, directed to Raxio Finance B.V., a wholly owned subsidiary of Raxio Group, comprises a $60 million senior loan and a $40 million subordinated loan. The capital will fund the phased development of ten metro-edge data centres with a combined capacity of 13.5MW, aimed at expanding access to data hosting and accelerating digital service availability in underserved regions. IFC estimates the total project cost at $293 million, with its loan securing the entire subordinated debt and 36% of the senior debt portion. Up to $30 million of the subordinated debt will be provided through concessional blended finance—$23 million from the IDA Private Sector
