African digital infrastructure provider WIOCC Group has raised $65 million in debt financing to fund the expansion of digital infrastructure across Africa.

The funding is secured through sustainability-linked debt financing, arranged by International Finance Corporation (IFC), Proparco, Emerging Africa & Asia Infrastructure Fund, and Ninety-One.

Africa Data 1
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According to WIOCC, it has deployed more than $750m in digital infrastructure in Africa since 2008, including linking open-access data centers via hyperscale connectivity.

“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 center footprint, and continue building the continent’s most open, interconnected digital ecosystem,” said Chris Wood, CEO of WIOCC Group.

“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.”

Sarvesh Suri, IFC’s regional industry director for Infrastructure and Natural Resources, Africa, added: “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 Group 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.”

In 2024, WIOCC secured a similar sustainability-linked loan to fund data center and fiber rollout. Those loans included $10 million and ZAR 200 million ($11.9m) from IFC, and $20 million from Proparco.