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Wingu Gets $60 Million from RMB to Accelerate East African Digital Infrastructure Expansion

Wingu Gets $60 Million from RMB to Accelerate East African Digital Infrastructure Expansion
Wednesday, 04 June 2025 10:51

(Ecofin Agency) - This raise marks a major milestone not only for the company but for the broader ecosystem supporting Africa’s transition into a cloud-first, interconnected, and digitally sovereign economy.

Wingu Africa, East Africa’s carrier-neutral data centre operator, has raised $60 million in funding from Rand Merchant Bank (RMB) to fuel its rapid expansion across the region and strengthen Africa’s digital backbone, the company announced June 2.

“This is not just an investment in infrastructure, it’s an investment in Africa’s digital independence,” said Anthony Voscarides, Group CEO of Wingu Africa. “We’re expanding the capacity that will empower innovation, accelerate economic growth, and connect Africa to the future.”

The capital injection will be used to roll out next-generation infrastructure across Djibouti, Ethiopia, and Tanzania, meeting the continent’s rising demand for secure, scalable, and interconnected digital ecosystems.

Wingu currently serves over 40 high-profile customers, including telecom giants, hyperscalers, content providers, and financial institutions. Its data centres are engineered for high availability, featuring advanced systems for power, cooling, and security that support next-generation digital workloads.

In addition to colocation services, Wingu offers Infrastructure as a Service (IaaS), Cloud as a Service (CaaS), and satellite teleport capabilities. These services provide low-latency, high-resilience environments that scale with customer needs, enabling digital leaders like Bayobab Africa and Cloudflare to deliver mission-critical services across the continent.

Corrie Cronje, Senior Transactor at RMB, emphasized the significance of the partnership: “RMB is proud to support Wingu Africa’s commitment to advancing digital growth across the continent. By financing the deployment of essential digital infrastructure throughout East Africa, we are investing in a connected future for all.”

Expanding Africa’s data centre capacity is crucial for digital transformation, economic growth, and technological innovation across the continent. According to the World Economic Forum, Africa is home to 18% of the world's population but holds less than 1% of global data centre capacity. This disparity highlights the continent's digital infrastructure gap, which affects access to cloud computing, AI development, and other digital services. The move is positioned as a critical step in driving Africa’s digital transformation, economic development, and cloud sovereignty.

Hikmatu Bilali

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