WIOCC was founded and is owned by 10 major African telecom operators, with funding and support from international development financial institutions including IFC, Proparco, Emerging Africa and Asia Infrastructure Fund (EAAIF) and Ninety-One.
The new capital will be directed toward three priorities: accelerating the deployment and consolidation of data centre capacity, extending the open-access terrestrial fibre footprint into new markets and adding strategically selected subsea assets that strengthen international connectivity.
The report draws on insights from a broad cross-section of data centre operators, carriers and cloud service providers across the continent.
Every month an ISP cannot scale is a month its competitors gain ground. The providers that grow quickly without placing undue strain on their balance sheets are the ones that capture market share, strengthen customer loyalty, and create long-term value.
Digital-first banking has accelerated across Africa, where explosive growth and pan-African expansion leave zero tolerance for disruption.
