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deep tech iAfrica.com July 17, 2026

Raxio Data Centres Cross $380M Committed Capital as AI Workloads Drive Sixfold Demand Jump

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Pan-African data centre operator Raxio Group has passed $380 million in committed capital after existing shareholders Roha, a US-based infrastructure investor, and French infrastructure firm Meridiam increased their stakes, and the company reported that contracted power capacity grew sixfold in the first half of 2026 compared with the same period last year — a jump it attributed to rising demand from cloud and AI workloads. The fresh equity, which lifts the company’s capital base from $350 milli

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