iXAfrica to expand Nairobi data centre capacity by 20MW after RMB financing

A file photo of iXAfrica Data Centre's Nairobi campus. | PHOTO: iXAfrica

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iXAfrica Data Centre has secured a multi-tranche financing
package from Rand Merchant Bank (RMB) to expand its Nairobi campus.
The undisclosed funding will support the construction of an additional 20
megawatts (MW) of IT power at the facility, building on the first phase of
2.25 MW already in service.
The project will boost iXAfrica’s total design capacity at
its Nairobi One Campus to 22.5 MW, and the company says this will make it
the largest hyperscale data centre project in East Africa.
“Closing this financing with RMB secures our next phase
of growth and positions us to welcome more hyperscale and AI customers,” iXAfrica
Chairman Guy Willner said.
RMB, a division of FirstRand Limited, developed a tailored
solution for iXAfrica in what both parties described as the beginning of a new
relationship.
Carrie Cronje, Senior Transactor at RMB, said the
backing reflects the bank’s focus on Africa’s fast-growing digital
infrastructure sector.
“This transaction reflects RMB’s commitment to supporting
scalable, high-impact digital infrastructure across Africa,” Cronje said.
iXAfrica describes itself as East Africa’s first hyperscale,
carrier-neutral, AI-ready data centre and a key hub for cloud, colocation, and
connectivity services in the region.
The Nairobi campus is located near major fibre communication
arteries and resilient electricity connections and is designed to support
high-density AI workloads of up to 40kW per rack using free-air cooling
technology.
iXAfrica estimates its campus serves a regional market of
over 300 million people.
RMB, which operates in 35 African countries, has positioned
the deal as part of its broader strategy to back digital transformation
projects across the continent.
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