East Africa’s largest rural-focused internet service provider, Mawingu, has raised $20 million from the Pembani Remgro Infrastructure Fund II (PRIF II) to scale internet access across underserved communities.
Why it matters
Fixed broadband adoption remains low in Sub-Saharan Africa, reaching only about 12% of households. Expanding affordable connectivity could fuel economic growth — with the World Bank estimating a 1.38% GDP boost for every 10% increase in broadband penetration.
The big picture
Mawingu plans to impact 1 million people by 2028, using a “buy-and-build” strategy that combines acquisitions of local ISPs with new digital infrastructure in rural and peri-urban markets.
The company has already expanded into Tanzania through its 2024 acquisition of Habari, securing a national license and adding more than 3,000 users across 9 regions.
What they’re saying:
“This latest funding marks a significant milestone for Mawingu, moving closer to our goal of positively impacting 1 million people in Africa by 2028,” said Farouk Ramji, CEO of Mawingu.
“Mawingu’s disciplined growth in underserved markets makes them an ideal partner. We’re excited to support their mission of expanding meaningful connectivity where it’s needed most,” said Ridwaan Tayob of PRIF II.
Zoom out
Mawingu’s expansion comes as demand for affordable household internet surges across Africa, where mobile internet dominates but fixed broadband lags due to high capital costs and geographic barriers.