WIOCC Group, an open-access digital infrastructure provider in Africa, has successfully raised an additional USD $65 million in debt financing.
This new facility is secured through sustainability-linked debt financing arranged by IFC, Proparco, Emerging Africa Infrastructure and Asia Infrastructure Fund (EAAIF) and Ninety-One.
It will fund WIOCC Group’s ongoing expansion of connectivity capacity and digital infrastructure across Africa.
Samuel Ndungu, CFO of WIOCC Group, commented:
“This new financing underscores the continued confidence of our development finance partners in WIOCC Group’s long-term growth strategy and our role in driving Africa’s digital transformation. The additional capital enables us to further scale our network infrastructure, extend our data centre footprint and enhance the resilience and capacity of our pan-African digital ecosystem. Through this, we remain steadfast in our commitment to enabling digital inclusion and making an enduring contribution to the development of Africa’s digital economy.”
Chris Wood, CEO of WIOCC Group, also commented:
“This additional financing represents another significant step forward in advancing the resilient, scalable and open-access digital infrastructure required to support Africa’s growth. It strengthens our ability to execute on our long-term vision, expand our hyperscale network and data centre footprint, and continue building the continent’s most open, interconnected digital ecosystem. We are grateful for the continued confidence of our funding partners and remain fully committed to supporting the growth, innovation and digital inclusion that will shape Africa’s future.”
Also speaking, Sarvesh Suri, IFC’s regional industry director for Infrastructure and Natural Resources, Africa, said:
“IFC is proud to deepen its long-standing partnership with WIOCC Group as they scale Africa’s digital infrastructure. Through a blend of USD and ZAR financing, we are supporting WIOCC in optimizing its capital structure, mitigating currency risk, and accelerating investments in resilient, open-access networks. This commitment reflects our strategy to expand connectivity and data center capacity across the continent—advancing digital inclusion to drive job creation and economic growth.”
Puleng Pitso, investment specialist, Ninety-One, the fund manager for EAAIF, has this to say:
“Digital connectivity is one of the most powerful enablers of economic growth in Africa. By expanding access to high-speed internet, we are unlocking opportunities for entrepreneurs, small businesses, and industries to thrive in the digital economy. EAAIF and Ninety One’s investment in WIOCC will help strengthen the foundations for inclusive growth, job creation, and innovation across the continent.”
Françoise Lombard, CEO of Proparco, said:
“The AFD Group has been supporting WIOCC since its inception back in 2007. Proparco is very proud to reinforce the long-standing partnership with this flagship African player at a time when it has successfully evolved into a diversified digital infrastructure platform. By supporting WIOCC’s expansion across terrestrial fiber, submarine cables and open-access data centers, Proparco is helping strengthen a leading network that carries an important part of Africa’s internet traffic. This new financing, arranged alongside IFC and Ninety-One, will contribute to accelerating resilient, energy-efficient connectivity solutions in markets where reliable digital services are essential for economic transformation.”
Since its inception in 2008, the Group has deployed more than USD $750 million in digital infrastructure, including the linking of open-access data centres via hyperscale connectivity, fundamentally transforming the cost, reliability, and nature of communications across the continent.
As WIOCC expands its footprint, this latest financing reinforces its focus on building a resilient, inclusive, and future-ready carrier-neutral digital ecosystem.
