Poa Internet secures $4M investment

Poa Internet, a Nairobi-based internet firm, has secured US$4 million in the form of debt financing by Finnish development financier Finnfund. The investment will assist the firm in rolling out low-cost broadband to underserved neighborhoods and rural areas in Kenya. Management reports that affordable access to the internet is essential to propel education, the expansion of small businesses, and digital inclusion.