Raxio Opens Mozambique Data Center in $290 Million Africa Push
- Meridiam-backed Raxio to build 10 African data centers by 2027
- Tech giants are investing in the region to boost connectivity
This article is for subscribers only.
Raxio Group, a data-center company backed by global investor Meridiam Infrastructure Partners SAS and US private equity firm Roha Group, is opening its first facility in Mozambique as part of its $290 million investment strategy in Africa.
“Our base business plan includes a portfolio of ten data center facilities, and the funding package we have in place now with the debt and equity covers that,” Chief Executive Officer Robert Mullins said in an interview. “This year we are opening five new facilities across as many African markets.”