Cygnum Capital, others invest $15m in Kenyan ISP Mawingu's expansion

Mawingu has raised $15 million to acquire Tanzanian internet service provider Habari.

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Kenya-based affordable internet service provider (ISP) Mawingu has raised $15 million to acquire Tanzanian ISP, Habari, and expand its network in East Africa.

Africa Go Green Fund (managed by Cygnum Capital) invested $11 million, while Mawingu's existing investors, InfraCo Africa and FMO, invested $4 million.

Mawingu’s mission is to provide internet connectivity to those in under-served areas.

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