WIOCC Group, a carrier-neutral digital infrastructure platform focused on Africa, has secured a combined $300m investment from Africa Finance Corporation and Vision International Investment Company to accelerate its expansion across the continent.
The company said on Tuesday in a statement that it signed a Shareholder Subscription Agreement with the two investors at the LEAP 2026 Global Technology exhibition in Riyadh, Saudi Arabia.
The investment will support WIOCC’s long-term expansion strategy, including the deployment and consolidation of data centres, expansion of its open-access terrestrial fibre network and investment in new subsea cable assets.
WIOCC operates in more than 30 African countries and provides connectivity infrastructure supporting businesses and digital service providers across the continent.
The investment comes as demand for cloud computing, artificial intelligence and other digital services increases across Africa, while the continent continues to face a significant infrastructure and connectivity gap.
According to the International Telecommunication Union, 35.7 per cent of Africa’s population used the internet in 2025, compared with a global average of 73.6 per cent.
President and Chief Executive Officer of Africa Finance Corporation, Samaila Zubairu, said digital infrastructure had become as critical to economic development as transport and energy networks.
He said AFC’s investment in WIOCC would expand the open-access digital backbone required by African businesses and communities to integrate into the global economy, innovate and compete internationally.
Group Chief Executive Officer of WIOCC Group, Chris Wood, said the investment would enable the company to accelerate its growth as demand for cloud, AI and digital services increases.
“This investment enables WIOCC to execute its long-term growth strategy by accelerating data centre deployment and consolidation, expanding the continent’s open-access terrestrial fibre footprint and investing strategically in new subsea assets,” Wood said.
The company said the investment would also strengthen connectivity between Africa and international markets, while improving its ability to serve customers across the continent.
WIOCC said it has grown with the backing of African telecommunications operators and strategic investors, as well as international development and investment institutions including the International Finance Corporation and African Capital Alliance.
Its shareholders include Uganda Telecom, Dalkom Somalia, Djibouti Telecom, Mozambique Telecom, Zanzibar Telecom, Botswana Fibre Networks, Lesotho Communications Authority, ONATEL, TelOne and Telkom Kenya.
President and Chief Executive Officer of Vision Invest, Omar Al-Midani, said Africa’s young and growing population would continue to drive demand for digital services and infrastructure.
Group Chief Strategy and M&A Officer of WIOCC Group, Joshua Smythwood, said the investment would strengthen the company’s financial position and support its efforts to expand its market presence and create long-term value for investors and other stakeholders.