Individuals
Businesses
Company
Intelligence
News
African Capital Markets
EnglishEnglish
share on twittershare on linkedinshare on facebookshare to whatsapp
share on mail
share on instagram

Raxio launches Mozambique data center in $290m Africa push

Daba Finance/Raxio launches Mozambique data center in $290m Africa push
BREAKING NEWSMay 28, 2024 at 1:58 PM UTC

TLDR

  • Raxio Group invests $290 million in Africa's digital infrastructure market with the opening of first data center facility in Mozambique.
  • The new facility in Beluluane Industrial Park is Mozambique's first Tier III Uptime-certified data center.
  • Raxio's CEO plans a portfolio of 10 data center facilities, with debt and equity funding supporting current expansion efforts.

Raxio Group, a data center company, is opening its first facility in Mozambique as part of its $290 million investment strategy in Africa's rapidly growing and attractive digital infrastructure market.

The facility, located in Beluluane Industrial Park (MozParks) near the capital, is Mozambique’s first Tier III Uptime-certified data center. Raxio, backed by Meridiam Infrastructure Partners SAS and Roha Group, broke ground on the project in September 2022.

Chief Executive Officer Robert Mullins stated that their business plan includes a portfolio of 10 data center facilities, with current debt and equity funding covering this expansion. This year, Raxio is opening five new facilities across various African markets.

Key Takeaways

The facility, Raxio MZ1, will support the country's growing digital economy and advance the government's digital transformation agenda. It enables customers to cross-connect with local and international carriers and other customers in specially designed meet-me rooms, attracting regional and international service and content providers. This is expected to improve the internet experience in Mozambique and the surrounding region. In addition, over 80% of Raxio MZ1’s electricity comes from renewable sources, combining hydro-generated grid power with local solar supply, aligning with sustainable energy practices.

Raxio MZ1
Raxio Group
Data Center
Digital Infrastructure
Meridiam
Roha Group
Robert Mullins
Cloud Computing
Foreign Direct Investment

Think someone else should see this?

share on twittershare on linkedinshare on facebookshare to whatsapp
share on mail
share on instagram
Stay informed with our newsletters read by 25,000+ professionals worldwide
Newsletter companiesNewsletter companiesNewsletter companiesNewsletter companiesNewsletter companiesNewsletter companies

Next Frontier

Stay up to date on major news and events in African markets. Delivered weekly.

Pulse54

UDeep-dives into what’s old and new in Africa’s investment landscape. Delivered twice monthly.

Events

Sign up to stay informed about our regular webinars, product launches, and exhibitions.

+25k investors have already subscribed

To invest in this opportunity and other opportunities across Africa

Download the daba finance app on your mobile through
appstore iconappstore icon
Phone Image

Take action.

Download app

Start investing in Africa’s best opportunities, including stocks, bonds, startups, venture funds, and more.

Partner with us

Unlock exciting business opportunities and growth potential.

Join Daba

Become a part of our vibrant community and enjoy exclusive benefits.

Contact us

Reach out to us for inquiries, support, or collaboration.
For Investor
StrategiesPortfolio ManagementAfrican Capital MarketsNews
Daba Pro Intelligence
For Capital Seekers
For StartupsFor Fund ManagersFor Private CompaniesFor Lenders
For Partners
Commercial BanksBroker DealersAsset ManagersInvestment BanksInvestment Advisors and ConsultantsLenders and Microfinance
Company
About UsMarket UpdatesEventsBlog and PodcastNewsletterCase StudiesAffiliate ProgramInvesting GlossaryOfficial ContactsTrust, Compliance and SecurityFrequently Asked Questions

Terms & ConditionsPrivacy Policy
EnglishEnglish

Owned by Daba Markets Inc. By using this site, you accept our Terms and Conditions and Privacy Policy. © 2024 All rights reserved. 2025 All rights reserved