IX Africa Data Centre Limited has secured a significant multi-tranche funding package from Rand Merchant Bank (RMB), a division of FirstRand Limited, to accelerate its expansion plans in Nairobi. The announcement was made by CEO Snehar Shah, marking a major step forward for one of East Africa’s fastest-growing data centre operators. This financing represents a strategic boost that will allow IX Africa to scale up operations in line with rising regional demand for advanced digital infrastructure.
The funds will be channelled toward the construction of an additional 20MW of IT power at IX Africa’s Nairobi campus, a substantial increase compared to the 2.25MW currently in service. This expansion comes at a critical moment when East Africa is witnessing surging demand driven by cloud adoption, hyperscale operators, and artificial intelligence workloads. By significantly boosting its capacity, IX Africa is positioning itself to play a central role in powering the region’s digital transformation.
According to RMB, the financing package was carefully structured as a customised solution tailored to IX Africa’s growth trajectory. Beyond providing capital, this partnership signals RMB’s long-term commitment to supporting scalable, high-impact infrastructure that underpins Africa’s rapidly evolving digital economy. This collaboration demonstrates how financial institutions can act as enablers of technological advancement and economic growth on the continent.
IX Africa’s Chairman, Guy Willner, reiterated the company’s strong track record of delivering on its ambitious vision. He emphasized that securing this financing solidifies IX Africa’s next phase of growth, enabling the company to welcome more hyperscale and AI-focused customers. With digital transformation accelerating globally, IX Africa is strengthening its role as a reliable partner for enterprises and operators seeking world-class infrastructure in East Africa.
The deal also highlights Nairobi’s rising profile as a hub for digital services and cloud computing. With increasing investment from global technology players and infrastructure providers, Kenya is positioning itself as a strategic gateway for digital innovation across Africa. The expansion of IX Africa’s facilities further cements the country’s ability to attract, retain, and scale investment in digital infrastructure.
Corrie Cronje, Senior Transactor at RMB, noted that this transaction reflects the bank’s broader vision of enabling sustainable growth in Africa’s digital economy. The partnership between IX Africa and RMB is therefore more than a financial transaction—it is a step toward shaping the future of digital ecosystems in the region. By combining infrastructure expertise with financial support, IX Africa is poised to drive growth, innovation, and resilience in East Africa’s digital landscape.
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