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- WIOCC Group
WIOCC Group Funding, Investors & Competitors
WIOCC Group has raised $455M across 2 funding rounds, most recently a $155M undisclosed-stage round in September 2026.
Last WIOCC Group funding round
$155M
Undisclosed stage · Sep 2026
Cumulative funding WIOCC Group raised
$455M
across 2 funding rounds
Key investors in WIOCC Group
Africa Finance Corporation
Vision Invest
U.S. International Development Finance Corp
About WIOCC Group
WIOCC Group operates pan-African digital infrastructure including subsea cables and managed wholesale network services for hyperscalers, cloud operators, content providers, and telecoms.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services, Usage-based
Sectors
WIOCC Group Funding History
WIOCC Group has raised a total of $455M across 2 funding rounds.
WIOCC Group's first fundraising round was a $300M undisclosed-stage round in September 2026. The most recent completed round was a $155M undisclosed-stage round in September 2026.
WIOCC Group funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2026 | Undisclosed stage | U.S. International Development Finance Corp (lead); Africa Finance Corporation; Vision Invest | $155M | The transaction was a September 2026 financing for WIOCC Group, in which the U.S. International Development Finance Corporation committed up to $155 million as an equity investment alongside Africa Finance Corporation and Vision Invest. The deal followed WIOCC Group’s earlier September 2026 shareholder subscription agreement with Africa Finance Corporation and Vision Invest for a combined $300 million, positioning the later DFC commitment as a separate but related capital injection into the same company and expansion platform. The financing was aimed at accelerating WIOCC’s next phase of digital infrastructure buildout across Africa, including expansion of subsea and terrestrial fiber, data center capacity, and broader connectivity infrastructure. The DFC described its commitment as its largest-ever equity investment, and the broader capital program was framed around strengthening trusted networks and supporting the expansion of U.S. technology companies in African markets. WIOCC Group is a Johannesburg-based carrier-neutral digital infrastructure operator active across roughly thirty African countries and focused on fiber, subsea cable, and data center infrastructure. The company had already announced the earlier $300 million strategic investment from Africa Finance Corporation and Vision Invest at the start of September 2026, and the combined financing package was presented as support for network expansion, data center development, and future digital connectivity scale-up. |
| Sep 2026 | Undisclosed stage | Africa Finance Corporation (lead); Vision Invest (lead) | $300M | WIOCC Group signed a Shareholder Subscription Agreement with Africa Finance Corporation and Vision Invest on 1 September 2026 for a combined $300 million investment in the company. The capital is intended to accelerate WIOCC’s digital infrastructure expansion across Africa, with funding directed toward data centre deployment and consolidation, extension of its open-access terrestrial fibre footprint, and addition of selected subsea cable assets. The transaction positions AFC and Vision Invest as strategic investors supporting WIOCC’s next phase of growth across fibre, data centres, and subsea infrastructure. The announcement was made in Riyadh during LEAP 2026 and framed as a platform-level investment to strengthen pan-African connectivity and international capacity. WIOCC Group is described as Africa’s leading carrier-neutral digital infrastructure platform, operating across data centres, terrestrial fibre, and subsea connectivity. The company’s expansion plan focuses on broadening network reach and increasing infrastructure capacity across multiple African markets. |
Who has invested in WIOCC Group?
3 investors have backed WIOCC Group across its funding rounds, including Africa Finance Corporation, Vision Invest and U.S. International Development Finance Corp.
Lead investors include U.S. International Development Finance Corp, Africa Finance Corporation and Vision Invest.
WIOCC Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Sep 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialWIOCC Group Competitors
WIOCC Group competitors include listed companies like Bharti Airtel, Equinix, American Tower and Digital Realty Trust, and private ones like FirstEnergy Transmission and ICEYE.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $22B | $12B | $120B | 5.7x | ||
| Publicly listed | $9.2B | $3.9B | $102B | 12.4x | ||
| Publicly listed | $11B | $6.2B | $80B | 11.8x | ||
| Publicly listed | $6.1B | $3.7B | $67B | 12.9x | ||
| Private | $1.9B | - | $12B | 6.3x | ||
| Private | $289M | $115M | $12B | 40.3x |
WIOCC Group Public Comps
WIOCC Group is still privately-owned, but its public comps include Bharti Airtel, Equinix, American Tower, Digital Realty Trust, Nokia, Ciena, Telstra, Yangtze Optical Fibre, Ericsson and Crown Castle.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $22B | $12B | 6.2x | 5.7x | 11.3x | 10.0x | |||
| $9.2B | $3.9B | 13.4x | 12.4x | 31.6x | 24.3x | |||
| $11B | $6.2B | 12.1x | 11.8x | 20.7x | 17.9x | |||
| $6.1B | $3.7B | 14.4x | 12.9x | 24.0x | 23.8x | |||
| $23B | $2.2B | 2.6x | 2.5x | 27.0x | 17.7x | |||
| $4.8B | $333M | 10.7x | 8.2x | 153.4x | 37.2x | |||
| $16B | $5.7B | 3.3x | 3.2x | 9.1x | 8.3x | |||
| $2.1B | $247M | 18.0x | 10.9x | 155.2x | 28.4x | |||
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Common questions about WIOCC Group
| When was WIOCC Group founded? | WIOCC Group was founded in 2008. |
| Where is WIOCC Group headquartered? | WIOCC Group is headquartered in Mauritius. |
| Is WIOCC Group publicly listed? | No, WIOCC Group is a private, VC-backed company. |
| How much funding has WIOCC Group raised? | WIOCC Group has raised $455M across 2 funding rounds. |
| What was WIOCC Group's last funding round? | WIOCC Group's last funding round was a $155M undisclosed-stage round in September 2026, led by U.S. International Development Finance Corp. |
| Who are WIOCC Group's investors? | WIOCC Group's investors include Africa Finance Corporation, Vision Invest and U.S. International Development Finance Corp. |
| Which companies are comparable to WIOCC Group? | Companies comparable to WIOCC Group include Bharti Airtel, Equinix, American Tower, Digital Realty Trust, FirstEnergy Transmission and ICEYE. |
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