WIOCC Group has signed an agreement for a combined $300 million strategic investment from Africa Finance Corporation and Vision International Investment Company, providing additional capital to expand its digital infrastructure platform across Africa.
The investment is intended to accelerate WIOCC’s development of open-access infrastructure supporting connectivity, cloud computing, artificial intelligence and broader digital services across the continent.
WIOCC currently operates across more than 30 African countries and has built an extensive carrier-neutral digital infrastructure platform connecting businesses and digital ecosystems across the continent.
The company plans to use the investment to accelerate data center deployment and consolidation, expand its open-access terrestrial fiber footprint and invest in additional subsea infrastructure.
WIOCC’s infrastructure portfolio includes subsea assets, terrestrial networks, metro infrastructure, hyperscale data centers and digital platforms supporting intra-African and international connectivity.
The financing comes as demand for data, cloud services and AI infrastructure continues to increase across Africa.
According to figures cited by WIOCC, approximately 35.7% of Africa’s population used the internet in 2025, compared with a global average of 73.6%, highlighting the potential for further infrastructure investment.
WIOCC’s existing investor base includes African telecommunications operators and international investment institutions including the International Finance Corporation and African Capital Alliance.
Africa Finance Corporation has invested more than $19 billion across 36 African countries since its establishment in 2007.
KEY QUOTES:
“The Africa we build must be connected, competitive and equipped to create value from the digital economy, not only consume it. Just as transport corridors enable trade and energy networks power industry, fibre, data centres and subsea cables are now essential infrastructure for growth, innovation and AI. Our investment in WIOCC will expand the open-access digital backbone African businesses and communities need to integrate, innovate and compete globally.”
Samaila Zubairu, President and Chief Executive Officer of Africa Finance Corporation
“Africa is uniquely positioned to capitalise on the next phase of global digital growth. As demand for cloud, AI and digital services accelerates, robust and scalable infrastructure will be essential to unlocking the continent’s potential. 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, strengthening Africa’s digital infrastructure platform and enhancing connectivity between the continent and key international markets.”
Chris Wood, Group Chief Executive Officer of WIOCC Group
“WIOCC Group has built one of Africa’s leading digital infrastructure platforms, and we are proud to partner together with AFC and WIOCC’s existing shareholders as the company enters its next phase of growth. Home to the world’s youngest population and expected to account for more than one-quarter of the global population by 2050, demand for digital services in Africa will continue to rise, necessitating impactful investments in connectivity and digital ecosystems to unlock new opportunities for innovation, economic diversification and sustainable growth as well as opportunities for businesses, innovators and communities across Africa.”
Omar N. Al-Midani, President and Chief Executive Officer of Vision Invest
“The successful completion of this investment marks an important step in WIOCC Group’s evolution, enhancing the Group’s financial strength and enabling the management team to strengthen our market position, accelerate growth, enhance our ability to meet the evolving needs of customers across Africa, and generate long-term value for investors and stakeholders.”
Joshua Smythwood, Group Chief Strategy and M&A Officer of WIOCC Group
