Kenya’s Mawingu has raised $20M from PRIF II to expand internet access across rural Africa
- Mawingu secured a $20 million investment from Pembani Remgro Infrastructure Fund II.
- The investment aims to scale inclusive internet access across underserved communities in Africa.
- Mawingu plans to impact 1 million people by 2028 through acquisitions of local ISPs.
Mawingu's strategic investment and expansion plans represent a significant step towards bridging the digital divide in Africa. By focusing on underserved areas, the company not only addresses a critical need but also positions itself as a leader in the burgeoning ISP market. This initiative could serve as a model for similar efforts across the continent, emphasizing the importance of sustainable growth in technology access.
