Mawingu Networks raises $9m to invest in Kenya’s internet infrastructure

Africa's broadband connectivity remains low at just about 36 per cent, leaving a significant gap in the digital era. Farouk Ramji, the CEO of Mawingu Networks, recently discussed the company's latest investment after securing a substantial $9 million equity financing. The conversation with CNBC Africa delved into the challenges faced by many Africans who lack access to the internet and the strategies being implemented by companies like Mawingu Networks to bridge this digital gap. Ramji highlighted the importance of collaboration among internet service providers and the government to connect the millions of underserved or unserved households effectively. Mawingu Networks is taking a unique approach by focusing on rural and remote markets, where a large portion of the population has never been connected to the internet before. By targeting these areas, the company aims to make internet access more affordable and accessible to boost connectivity and economic opportunities. Currently, Mawingu Networks has connected approximately 20,000 subscribers, impacting close to 100,000 Kenyans. Ramji emphasized that internet connectivity is crucial for education, job opportunities, and overall economic growth. He compared the situation in Africa to more developed regions like Europe and the Americas, where internet access is considered a basic necessity akin to electricity. Ramji stressed the importance of making internet bills affordable and ensuring that access to connectivity can uplift individuals and communities out of poverty. As Mawingu Networks continues to expand its reach and impact in Kenya, the company is dedicated to driving positive change and narrowing the digital divide in the country.