iXAfrica Secures Multi-Tranche Funding from RMB to Expand Nairobi Data Centre
The financing enables iXAfrica to meet the region’s growing digital demands by facilitating the construction of an additional 20 MW of IT power at the Nairobi data centre campus.
IX Africa Data Centre Limited and Rand Merchant Bank (“RMB”) , a division of FirstRand Limited, are proud to announce the closing of a multi-tranche funding package that will deliver the next phase of iXAfrica’s growth.
The financing enables iXAfrica to meet the region’s growing digital demands by facilitating the construction of an additional 20 MW of IT power at the Nairobi data centre campus. It will support the company’s expansion and build on the first phase of 2.25 MW already in service.
RMB developed a customised solution for iXAfrica, marking the beginning of a new relationship and underscoring RMB’s commitment to partnering with high-quality clients across Africa.
“Our company has bold plans and ambitions, and we’ve been consistently delivering on them. Closing this financing with RMB secures our next phase of growth and positions us to welcome more hyperscale and AI customers. We remain committed to expanding our East African footprint and deepening our investment in Kenya.”
– Guy Willner, Chairman, iXAfrica
“This transaction reflects RMB’s commitment to supporting scalable, high-impact digital infrastructure across Africa.”
– Corrie Cronje, Senior Transactor, RMB
