20 December 2023

Raxio Data Centres has inaugurated its first data centre in Addis Ababa, Ethiopia. It is a Tier 3 certified facility that can accommodate up to 800 racks and provide up to 3 MW of computing power.

“We anticipate that this facility will be a catalyst for increased economic development in Ethiopia, supporting local businesses and government agencies, as well as attracting regional and international service and content providers to Ethiopia,” said Bewket Taffere, managing director of Raxio Data Centres Ethiopia.

It was in March 2021 that Raxio launched construction work on its data centre in Ethiopia as part of its commitment in 2019 to build 10-12 data centres across the continent to meet the growing demand for connectivity, data storage and processing.

For the implementation of these various projects, Raxio raised, last October, $46 million in equity capital from its shareholders Roha and Meridiam. In January, it obtained $170 million in financing from the EmergingAfrica Infrastructure Fund (EAIF) and Proparco.