Last January, Poa Internet raised US$28 million to expand its reach in Kenya and gradually enter other African countries.
Internet service provider Poa Internet Kenya won a grant from the U.S. Trade and Development Agency (USTDA) to conduct a feasibility study on the possibility of expanding its services to one million households in low-income urban areas outside Kenya. An agreement was signed between the two parties on the sidelines of the U.S-Africa Summit held in Washington, D.C., last December 13-15.
According to the USTDA, Poa Internet will evaluate 14 African markets and recommend three for expansion. The study will provide a detailed analysis of these markets, including a supply and demand assessment, regulatory and legal analysis, environmental and social impact assessment, and go-to-market recommendations.
This project accelerates Poa Internet's expansion strategy in Africa. The company raised US$28 million earlier this year in a Series C financing round led by Africa50. It said at the time that it would use the funding to expand its reach, first in Kenya and then gradually to other countries on the continent. Currently, Poa Internet serves more than 11,000 connected households. It has more than 10,000 hotspots across the streets of Kenya and more than 60,000 Wi-Fi subscribers.
Its African expansion plan comes against a backdrop of growing demand for high-speed connectivity and accelerating digital transformation on the continent. However, Internet penetration in Africa is still low. In its "Mobile Economy Sub-Saharan Africa 2022," the GSM Association (GSMA) states that only 40% of the Sub-Saharan African adult population has access to the Internet.
“We are delighted to form this partnership with USTDA as we continue with our journey to bring affordable Internet access to Africa. This grant from USTDA will support our geographic expansion and goals of advancing inclusive, secure, and sustainable connectivity to lower-income urban communities,” said Andy Halsall (photo, right), CEO of Poa Internet.
Isaac K. Kassouwi
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck...
The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help...
Investment firm Phatisa has sold its majority stake in Zambia’s egg producer Goldenlay. Belgian animal feed company Vanden Avenne acquired the...
Egypt has proposed using the SUMED pipeline to help move Saudi crude to Europe. The route would bypass maritime disruptions affecting shipping in...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...