Raxio sub-Saharan Africa colocation data center portfolio (Phase 1)

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The project entails the first phase development of 7 colocation Tier III certified data centers across sub-Saharan Africa, including Uganda, Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d'Ivoire, Angola and Tanzania. The carrier-neutral data centers will provide up to 11MW of additional data processing and storage capacity. The total value of the first phase is $170 million. The sponsor, Raxio Group, together with its shareholders Meridiam and Roha, secured a $110 million sustainability-linked debt facility in multiple tranches. Proparco and the Emerging Africa Infrastructure Fund (EAIF) are among the lenders. The sustainability-linked financing package is anchored in ESG principles and promotes energy efficiency, responsible water-use practices and female empowerment. Financial close was achieved on 17 April, 2023. https://www.raxiogroup.com/hub/raxio-data-centres-raises-up-to-170m/ https://www.proparco.fr/en/actualites/raxio-data-centres-speeds-africas-digital-transition-support-proparco https://www.eaif.com/eaif-commits-33-million-to-raxio-group-in-vital-boost-to-africas-nascent-data-markets/ https://www.meridiam.com/news/raxio-data-centres-raises-up-to-170m-sustainability-linked-debt-facility-to-accelerate-digital-transformation-in-africa/