Raxio raises its funding pool to $380m and heads for Tanzania

Raxio Group, a pan-African colocation data center operator, has increased its funding to $380 million and is expanding into Tanzania with a new facility in Dar es Salaam. The company aims to meet growing demand for high-quality data infrastructure driven by digital adoption, cloud migration, and AI workloads across Africa, positioning itself to serve international cloud providers entering the region. African data center capacity is projected to grow significantly by 2030 due to increasing data需求