News Update - Telecoms and ICT in Africa - Issue No 1068 on 4 February 2022

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Kenya: Low-cost ISP poa! Internet bags US$28 million in funding to expand its coverage across the country

4 February 2022

There is a small group of African ISPs that are doing the ‘heavy lifting’ of addressing lower income customers. poa! Internet is one of them and it has just raised US$28 million to increase its scale. Russell Southwood spoke to CEO Andy Halsall about what the company has planned and the current state of the market. When Covid-19 hit poa! Internet was in the process of going out to raise its next financing round. Inevitably it has had to throttle back on its ambitions over the main period of the pandemic: “We’re not growing as quickly as we did pre-Covid.…