WIOCC secures $300 million from AFC, Vision Invest to expand Africa’s digital infrastructure

WIOCC Group, a pan-African carrier neutral digital infrastructure platform, has secured a combined $300 million investment from the Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest) to expand its digital infrastructure across the continent. The funding will support the development and operation of open access digital infrastructure, including data centres, terrestrial fibre networks, and subsea cable assets.

The investment follows the signing of a Shareholder Subscription Agreement at the LEAP 2026 Global Technology exhibition in Riyadh, Saudi Arabia. WIOCC's CEO, Chris Wood, stated that the funding will enable the company to accelerate its infrastructure development programme, focusing on data centre deployment, expansion of its open access terrestrial fibre footprint, and strategic investments in new subsea assets.

The investment comes as demand for data, cloud computing, and artificial intelligence services continues to rise across Africa, with a significant gap in digital infrastructure that the funding aims to address.

Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.