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Kenya's Mawingu Secures $15M to Scale Internet Connectivity in East Africa

Mawingu is interested in driving economic development by enabling affordable, reliable Internet access, and unlocking opportunities in education, employment, and community growth across the region.

Kenya-based Internet Service Provider Mawingu has acquired Habari, an ISP operating in seven regions across Tanzania, to expand digital connectivity in underserved areas of East Africa.

Habari brings over 25 years of experience providing Internet and ICT solutions to rural households and businesses.

Mawingu secured KSh 1.9 billion ($15 million) in financing for this expansion, including KSh 1.4 billion ($11 million) in long-term debt from the Africa Go Green Fund (AGG), managed by Cygnum Capital, and KSh 0.5 billion ($4 million) from InfraCo Africa and Dutch development bank FMO.

The acquisition aligns with Mawingu’s strategy to scale its affordable Internet services across rural and peri-urban communities, replicating its success in Kenya. The company plans to reach 1 million people across East Africa by 2028 through a disciplined “buy-and-build” approach, acquiring and growing ISPs in target markets.

Mawingu’s acquisition of Habari indicates it’s tackling the digital gap in East Africa, where rural areas often face limited and costly Internet access.

Mawingu is interested in driving economic development by enabling affordable, reliable Internet access, and unlocking opportunities in education, employment, and community growth across the region.

 

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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