IX Africa Data Centre Limited (“iXAfrica”) and Rand Merchant Bank (“RMB”), a division of FirstRand Limited, are proud to announce the closing of a multi-tranche funding package that will deliver the next phase of iXAfrica’s growth.
The financing enables iXAfrica to meet the region’s growing digital demands by facilitating the construction of an additional 20 MW of IT power at the Nairobi data centre campus. It will support the company’s expansion and build on the first phase of 2.25 MW already in service.
RMB developed a customised solution for iXAfrica, marking the beginning of a new relationship and underscoring RMB’s commitment to partnering with high-quality clients across Africa.
“Our company has bold plans and ambitions, and we’ve been consistently delivering on them,” says 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,” says Corrie Cronje, Senior Transactor RMB.
About iXAfrica
iXAfrica is East Africa’s first Hyper-scale Carrier-neutral, AI-ready Data Centre and the largest digital habitat for cloud, colocation, and connectivity. iXAfrica provides world-class and highly resilient Data Centre Infrastructure to create a vital part of the internet backbone of East Africa. With Nairobi One Campus’s overall design capacity of 22.5MW, iXAfrica has the largest data centre project in the greater East African region, serving a total population of over 300 million people. The campus is situated close to the main fibre optic communications arteries and is in close proximity to major and resilient electrical connections, capable of delivering high-availability and low-carbon power. iXAfrica is also able to power the high-density AI workloads as high as 40 kW per rack using its free-air cooling technology and over 90% of Kenya’s electricity is generated from renewable/clean energy sources.
For more information visit www.ixafrica.co.ke
About Rand Merchant Bank (RMB)
RMB is a leading African Corporate and Investment Bank (CIB). We partner our clients to deliver advisory, lending, trading, securities, corporate banking, private equity and investment solutions. A presence in London, New York, Shanghai and Mumbai provides our global clients with a network to access African markets. We have a deal footprint in 35 African countries and facilitate cross-border trade and investment on the continent. RMB represents the CIB activities of FirstRand Limited – one of the largest financial services groups in Africa.
For more information visit www.rmb.co.za.
For further information:
iXAfrica
Murage Gichuki
Marketing Manager
murageg@ixafrica.co.ke
+254 793 973 584
