KOFISI, an African flexible workspace provider, has secured USD 10.5 million in Series B funding led by UK-based Falco Group. This capital is part of a larger USD 35 million round aimed at expanding the company's footprint across Africa.

• The USD 10.5 million investment is part of a broader USD 35 million funding round.
• The expansion targets new markets including Nairobi, Kigali, and Cairo, with plans to double its footprint to 1 million sq. ft. of premium workspace.
• KOFISI currently operates 11 centers across six African countries, with nearly 500,000 sq. ft. of workspace, and recorded 40% year-on-year growth in 2024.
• Founder and CEO Michael Aldridge emphasizes backing operators with proven execution and local expertise for success in the African market.