AFC and Vision Invest back WIOCC digital expansion

WIOCC Group has announced a Shareholder Subscription Agreement with Africa Finance Corporation (AFC) and Vision Invest for a combined US $300 million investment.

• The agreement was signed at LEAP 2026 in Riyadh, Saudi Arabia and is intended to support WIOCC’s open-access digital infrastructure expansion across Africa.
• WIOCC said the funding will accelerate data center deployment and consolidation, expand terrestrial fibre, and invest in new subsea assets; the article also cites Africa internet usage at 35.7% versus a 73.6% global average, and UNCTAD’s projection of a US $4.8 trillion global AI market by 2033.