Leading pan-African alternative investment firm focused on managing investments in Africa, African Capital Alliance (ACA) announced on Wednesday, November 24, that it has acquired a stake through its CAPE IV fund in West Indian Ocean Cable Company (WIOCC), a hyperscale infrastructure provider in Africa.

The structure informed that this investment is part of the fundraising of 200 million USD in WIOCC. These resources will allow WIOCC to develop its expansion plans in Africa, but also to accelerate its investment in the improvement of the continent's digital infrastructure. Founded in 2007, WIOCC operates a hyperscale communications platform that provides essential services to its wholesale customers in 30 countries in Africa and many others around the world.