Raxio breaks ground on its tier III data center capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.
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(Photo: Anteneh Aklilu)
The Raxio Group, a premier pan-African data centre developer and Portfolio Company of US-based investment firm, Roha Group Inc., kicks off the construction of the first private certified Tier III carrier neutral colocation data center at the ICT Park in Addis Ababa.
With its investment and project plans completed in late 2019 and initial design underway, Raxio signed a Memorandum of Understanding (MOU) with the Ethiopian Investment Commission (EIC) in December 2019 to develop a data center with a 15.5 million dollar investment. To build and operate the tier III standard data center facility which is equipped with a high security physical infrastructure which has 7 layers of security, the Industrial Park Development Commission had secured land to Raxio Group. The first of a kind of tier III data center will be a fully-owned subsidiary in Ethiopia under the name, Raxio Data Centre PLC at the ICT Park.