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
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
What seemed like a routine administrative matter has drawn Madagascar into an international controve...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...
Non-bank institutional investors, though still a minority, are increasing their presence in the West...
• Glo launched a network upgrade plan after a 50% telecom tariff hike.• It aims to add 1,000+ 4G sit...
Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concentration in top banks (54% assets) holds 75% of bad...
Solarcentury has launched the first 25 MW phase of the Mailo solar project. Electricity is now sold on the Southern African Power Pool without a...
A new bilateral commission will oversee energy, education, and security projects. The initiative follows President Traoré’s visit to Russia in May...
The government of Côte d’Ivoire will allocate CFA25.3 billion (about $44 million) to support its cotton sector in the 2025/2026 season, Agriculture...
Christopher Nolan faces criticism for shooting scenes of The Odyssey in Dakhla, Western Sahara. FiSahara and pro-Sahrawi voices accuse the...
Garamba National Park, located in the northeastern Democratic Republic of Congo, is one of Africa’s oldest and most iconic protected areas. Established in...