IX Africa Data Centre Limited and Rand Merchant Bank, a division of FirstRand Limited, have announced the successful closing of a multi-tranche funding package to drive the next stage of iXAfrica’s expansion
The financing will enable iXAfrica to respond to the region’s rising digital needs by supporting the construction of an additional 20 MW of IT power at its Nairobi data centre campus. This development builds on the initial phase, which currently delivers 2.25 MW already in operation.
RMB structured a tailored financing solution for iXAfrica, signalling the start of a new partnership and highlighting the bank’s commitment to working with top-tier clients across the continent.
“Our company has bold plans and ambitions, and we’ve been consistently delivering on them,” remarked Guy Willner, chairman of iXAfrica. “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.”
“This transaction reflects RMB’s commitment to supporting scalable, high-impact digital infrastructure across Africa,” concluded Corrie Cronje, senior transactor RMB.
iXAfrica secures funding to expand Nairobi data centre
iXAfrica partners with RMB to secure multi-tranche funding, enabling 20 MW expansion at its Nairobi data centre campus
