In December 2022, Helios acquired a majority stake in IXAfrica, a leading developer and operator of hyperscale-ready data centers in Kenya. The company was  established  in  2021  to  capitalize  on  the  soaring  demand  for internet connectivity from Kenya’s young and highly digitally-connected population, and from the rapid adoption of cloud solutions among the country’s enterprises. Once its first campus, situated in the capital city of Nairobi, is fully built-out, IXAfrica is expected to establish a leading position in Kenya, delivering over 20MW of hyperscale-ready data center capacity.