Digital Infrastructure

Africa50 completes a growth equity investment in PAIX Data Centres

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Africa50 has just completed an equity investment of $20m into PAIX Data Centres, forming the first tranche of PAIX’s Series B financing by Africa 50. The funds will be used to expand PAIX’s data centre capacity and its growth plans into new African markets.

PAIX currently operates one data centre in Accra and one in Nairobi. Africa50 is the company’s first institutional investor and will be supporting the company’s expansion of its world class cloud-and-carrier-neutral data centres across the continent.

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