IXAfrica Secures Upto US$200mn in Debt Funding to Expand Nairobi Data Center

IXAfrica Data Centre has secured a multi-tranche funding package from Rand Merchant Bank to expand its Nairobi campus..
✨ Key Highlights
IXAfrica Data Centre has secured up to US$200 million in debt financing from Rand Merchant Bank (RMB) to expand its Nairobi campus, aiming to become a critical hub for hyperscale and artificial-intelligence workloads in the region.
- The funding will support the construction of an additional 20 megawatts of IT power, adding to the existing 2.25 megawatts already in service.
- Snehar Shah, CEO of IXAfrica, confirmed the company has identified Tilisi Industrial Park in Limuru as a viable point for future expansion.
- The Nairobi site benefits from proximity to key fiber routes, resilient power infrastructure, and Kenya’s largely renewable electricity supply.
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Read the complete article from The Kenyan Wall Street