IX Africa Secures Major Funding from Rand Merchant Bank to Expand Nairobi Data Centre
IX Africa Data Centre Limited has secured a 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 on Thursday by CEO Snehar Shah.
The financing will facilitate the construction of an additional 20MW of IT power at IX Africa’s Nairobi campus, significantly boosting capacity beyond the 2.25MW already in service. The move comes as demand for digital infrastructure continues to surge across East Africa, driven by cloud adoption, hyperscale operators, and artificial intelligence workloads.
RMB said it developed a customised financing solution for the project, marking the start of a new partnership and underscoring its commitment to supporting Africa’s fast-growing digital economy.
“Our company has bold plans and ambitions, and we’ve been consistently delivering on them,” said IX Africa Chairman, Guy Willner. “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.”
Corrie Cronje, Senior Transactor at RMB, added: “This transaction reflects RMB’s commitment to supporting scalable, high-impact digital infrastructure across Africa.”
The expansion cements IX Africa’s position as a key player in the region’s data centre market, as Nairobi continues to emerge as a hub for digital services and cloud computing.
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