• WIOCC secured $65 million in additional financing to expand digital infrastructure across Africa.
• Proparco contributed a $15 million loan as part of the broader funding package.
• The financing will support fiber-optic networks, international connectivity, and open-access data centers.

WIOCC Group, a pan-African digital infrastructure provider, secured an additional $65 million in financing. The funding will accelerate the expansion of its connectivity networks across the African continent. Proparco, a subsidiary of the French Development Agency, disclosed the transaction in a press release published on Monday, December 15, 2025.

“Proparco supports the group through a $15 million loan as part of a total financing package of $65 million,” the press release said.

A consortium of development finance institutions structured the transaction. The group includes Proparco, the International Finance Corporation, Emerging Africa Infrastructure and Asia Infrastructure Fund, and asset manager Ninety One.

The mobilized funds will finance WIOCC’s activities in deploying and strengthening fiber-optic networks. The investment will also expand international connectivity capacity and open-access data centers.

The funding will enable the company to meet rising demand for bandwidth and reliable digital services across Africa. Growth in cloud computing, digital financial services, e-commerce, and technology platforms continues to drive demand.

By relying on a shared infrastructure model, WIOCC allows multiple telecom operators, Internet service providers, and digital players to access high-capacity networks. The approach also helps limit capital expenditure across the ecosystem.

Adoni Conrad Quenum