(Ecofin Agency) – Poa Internet, an Internet service provider in Kenya and which targets people not covered by the networks of traditional providers, has indicated that it has finalized the mobilization of $28 million as part of a financing round led by African 50.
“We have a young, energetic and motivated team working tirelessly to make our vision a reality […] With Africa 50’s investment, we can accelerate our roll-out plans and bring value to even more communities across Kenya,” said Andy Halsall (pictured), Managing Director of Poa Internet commenting on the news.
Africa 50 is an infrastructure investment platform, whose ambition is to contribute to Africa’s growth by developing and investing in bankable projects, catalyzing public sector capital and mobilizing sector financing. private, with financial returns and differentiated impact. It has in its capital entities such as the Central Bank of West African States (BCEAO) or that of Morocco (Bank al Maghrib).
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