Poa Internet has secured a $4 million investment from Finnfund, the Finnish development finance agency. The funding aims to bolster the company’s network infrastructure and expand its broadband services in a country where internet access remains limited despite increasing demand.
The investment follows a visit by Finnish President Alexander Stubb to Poa Internet’s facilities in Nairobi in May. During his visit, Stubb praised Poa Internet’s efforts in providing wireless home internet services to rural and low-income households across East Africa, highlighting the company’s role in improving connectivity in underserved communities.
Nokia is Poa Internet’s preferred partner for fibre optic technology. Nokia plays a key role in deploying infrastructure and supporting innovation to enhance connectivity and expand the company’s network reach.
Kelvin Kiiru, Investment Partner at Finnfund, stated that the financing aims to “support the expansion of Poa Internet’s broadband offerings in low-income areas,” with the broader goal of bridging the digital divide. Since its launch in 2016, Poa Internet has steadily grown its presence in Kenya by targeting populations often overlooked by traditional telecom providers.
