WIOCC Raises $300M to Accelerate Expansion Across Africa : TechMoran
Summary
WIOCC Group raised $300 million from Africa Finance Corporation and Vision International Investment Company. The company will use the capital to expand data centres, extend terrestrial fibre, and add new subsea assets across Africa. The investment aims to strengthen connectivity, support cloud and AI demand, and improve access to digital services in more than 30 countries. WIOCC also plans to serve more customers as it scales its open-access infrastructure platform.
Funding
Amount
$300.0M
Total raised
Date
January 1, 2026
Announcement date
Investors
Africa Finance Corporation, African Capital Alliance, International Finance Corporation, PROPARCO
Lead investors
Company
wiocc.net
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
No functions detected