Africa50 led a $20m Series B funding round in PAIX Data Centres.

Africa50, a fund manager, led a $20m Series B funding round in PAIX Data Centres, an operator of a carrier-neutral colocation data center. “Our colocation services provide our clients choice of connectivity providers, high security, and continuous uptime. Our teams consist of both local and international industry professionals, and we are proud of the multi-national makeup of our company, reflecting the diversity of the continent. With the support of Africa50, we will be able to grow and expand our activities by rolling out our data centre services across the continent and by providing a one-stop service to our local and international customers in all key locations across the African continent," Wouter van Hulten, PAIX CEO.