DFC Joins AFC and Vision Invest in Funding WIOCC Group for Digital Infrastructure Expansion Across Africa
WIOCC Group has announced that the U.S. International Development Finance Corporation (DFC) will join existing investors, including Africa Finance Corporation (AFC) and Vision Invest, to support its digital infrastructure expansion across Africa. The investment aims to enhance terrestrial and subsea networks, data center capacity, and broader connectivity platforms in over 30 African countries. This development aligns with growing demand for cloud services, AI capabilities, and internet access on the continent. According to ITU statistics from 2025, only 35.7% of Africa's population had internet access compared to a global average of 73.6%. UNCTAD also forecasts that the global AI market will reach $4.8 trillion by 2033 but warns about uneven distribution. The investment underscores international support for open-access digital infrastructure as key to economic transformation in Africa, with DFC emphasizing its role in enabling U.S.-based technology companies and hyperscalers to expand into African markets.
Topics: AI growth data centers digital infrastructure telecom expansion