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Originally published by Capital Businessbusiness
October 2, 2025
3h ago
Mawingu gets Sh2.6bn to expand affordable internet in underserved areas

NAIROBI, Kenya, Oct 1 - Internet service provider Mawingu has secured Sh2.6 billion from Pembani Remgro Infrastructure Fund II (PRIF II) to scale Kenya breaking news | Kenya news today |..
✨ Key Highlights
Mawingu, an internet service provider, has secured Sh2.6 billion from Pembani Remgro Infrastructure Fund II (PRIF II) to expand affordable broadband access in unserved and underserved regions across Africa. This financing aims to connect one million people by 2028 through acquisitions and digital infrastructure investments.
- Most important fact or figure from the article: Mawingu received Sh2.6 billion to scale affordable internet, targeting one million people by 2028.
- Key person or organization involved: Farouk Ramji, CEO of Mawingu, and Ridwaan Tayob of PRIF II.
- Notable detail that adds context: Mawingu's expansion includes a 2024 entry into Tanzania through the acquisition of Habari, and the World Bank estimates a 10 percent rise in broadband penetration can boost GDP growth by 1.38 percent in developing countries.
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