What is WIOCC?
Formed in 2008 and headquartered in Plaines Wilhems, Mauritius, WIOCC is dedicated to deploying carrier-scale, future-proofed network infrastructure throughout Africa. The company's operations are central to bridging the digital divide by providing robust and high-speed connectivity solutions. WIOCC's strategic focus on infrastructure development positions it as a key enabler of digital transformation and economic growth across various African markets, supporting a wide array of digital services and applications.
How much funding has WIOCC raised?
WIOCC has raised a total of $136M across 3 funding rounds:
Private Equity
$30M
Debt
$41M
Debt
$65M
Private Equity (2022): $30M with participation from International Finance
Debt (2024): $41M led by International Finance and Proparco
Debt (2025): $65M supported by Ninety One, Proparco, and International Finance Corporation
Key Investors in WIOCC
International Finance Corporation
International Finance Corporation operates as a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable development across emerging markets. The organization provides comprehensive financial solutions that combine investment capital, strategic advisory services, and sophisticated asset management capabilities to support private sector growth and infrastructure development in developing economies.
Proparco
Proparco is a subsidiary of the French Development Agency (AFD) that focuses on financing and supporting businesses and financial institutions across Africa, Asia, Latin America, Eurasia, and the Middle East. The company aims to enhance the contribution of private actors to achieving the Sustainable Development Goals (SDGs) through its interventions.
Ninety One
Ninety One operates as an asset management company. It provides portfolio management, investment advisory, and other financial services. The company is based in Cape Town, South Africa.
What's next for WIOCC?
The recent major strategic investment signifies a critical phase for WIOCC, likely enabling further expansion of its network footprint and enhancement of its service offerings. This capital infusion is expected to bolster WIOCC's capacity to meet the escalating demand for reliable digital infrastructure, supporting the ongoing digital evolution across Africa. The company's trajectory suggests a continued focus on strategic partnerships and infrastructure deployment to solidify its position as a leading connectivity provider.
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