RAXIO EXPANDS TO TANZANIA WITH $380M FUNDING

INDUSTRY DESK■ 1 MIN READ

MON, JUL 13, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Africa-focused data-center operator Raxio Group is entering Tanzania as it raises its total funding to $380 million, according to CEO Robert Skjødt.

Raxio Group, which operates data centers across Africa, is scaling its regional footprint with the Tanzania expansion. The increased funding pool brings the company's total capital to $380 million, supporting infrastructure development across the continent. The move positions Raxio to tap into Tanzania's growing digital economy and demand for cloud services. Tanzania joins Raxio's existing markets in East and Central Africa, where the company operates multiple facilities. The expansion reflects broader investor interest in African tech infrastructure. Data-center operators are increasingly targeting the region as businesses migrate workloads to the cloud and digital services expand across the continent. Raxio's funding increase will support facility development, operational expansion, and technology deployment in Tanzania and other markets.

■ SOURCES

► Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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RAXIO EXPANDS TO TANZANIA WITH $380M FUNDING

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