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title: WIOCC lands US$65 million debt financing package - Developing Telecoms
description: African digital infrastructure provider WIOCC Group announced on Monday it has secured a US$65 million debt financing package drive its continued expansion of connectivity capacity and digital infrastructure across Africa.
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African digital infrastructure provider WIOCC Group announced on Monday it has secured a US$65 million debt financing package drive its continued expansion of connectivity capacity and digital infrastructure across Africa.

In a LinkedIn post, WIOCC said the facility was secured through sustainability-linked debt financing arranged by IFC, Proparco, Emerging Africa Infrastructure and Asia Infrastructure Fund (EAAIF) and Ninety-One.

Proparco said in its own statement that the financing package will support WIOCC's planned 2026 capex and help strengthen its ambitions to build a resilient, inclusive, and future-ready, carrier-neutral digital ecosystem across Africa, notably in South Africa, Nigeria, and the Democratic Republic of Congo.

"By supporting WIOCC’s expansion across terrestrial fibre, submarine cables and open-access data centres, Proparco is helping strengthen a leading network that carries an important part of Africa’s internet traffic," said Proparco CEO Françoise Lombard. "This new financing, arranged alongside IFC and Ninety-One, will contribute to accelerating resilient, energy-efficient connectivity solutions in markets where reliable digital services are essential for economic transformation.”

WIOCC Group CFO Samuel Ndungu said the new financing package underscores its finance partners' continued confidence in the group’s long-term growth strategy to drive digital transformation in Africa.

“The additional capital enables us to further scale our network infrastructure, extend our data centre footprint and enhance the resilience and capacity of our pan-African digital ecosystem,” he said in a statement.

WIOCC Group CEO Chris Wood added that the additional financing “represents another significant step forward in advancing the resilient, scalable and open-access digital infrastructure required to support Africa’s growth.”

WIOCC Group said it has invested more than US$750 million to deploy digital infrastructure across the continent since its inception in 2008, to include linking the data centres of its Open Access Data Centres (OADC) unit with hyperscale connectivity.

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