Finnfund Invests $4M in Kenya’s Poa Internet
Finnfund invests $4M in Kenya’s Poa Internet to expand affordable broadband access and boost digital inclusion in underserved communities...
✨ Key Highlights
Finnfund, the Finnish development financier, has announced a $4 million debt investment in Kenya’s Poa Internet to expand its network capacity and provide affordable broadband to underserved areas.
- Poa Internet addresses unequal broadband penetration in Kenya by targeting low-income and peri-urban areas.
- The funding, supported by the European Union and EFSD+ as part of the EU’s Global Gateway initiative, aims for digital inclusion in Africa.
- Nokia will serve as Poa’s preferred fibre technology partner, supporting the network rollout.
Continue Reading
Read the complete article from Tech Arena
Part of the Day's Coverage
New Digital Platforms and Investments Target Kenya's Broadband and Music Sectors - August 2025
TikTok has launched TikTok for Artists in Kenya, providing a centralized platform for musicians to track song performance and optimize music release campaigns to bolster the country's music economy. In a separate development, the Africa Broadband Mapping Systems Project (BPMAPS) was launched in Nairobi, with Kenya selected as one of 11 African countries to benefit. This EU, ITU, and CA-backed initiative aims to close Africa’s digital divide by guiding broadband infrastructure investment through data-driven mapping. Additionally, Finnfund, the Finnish development financier, announced a $4 million debt investment in Kenya’s Poa Internet. This funding is intended to expand the company's network capacity and provide affordable broadband to underserved areas.
Kenya's news, briefed daily
Daily Briefs with audio, your topics, and breaking stories.
Take Kenya's news with you
Breaking stories, daily briefs, and the topics you follow - on your phone, free.
