Poa Internet

Kenya

Africa50 – Project Finance

Poa Internet is an Internet Service Provider delivering reliable internet to under-served communities in Kenya at very low rates. It currently has over 12,000 home internet customers, as well as tens of thousands of street Wi-Fi customers across Nairobi.

Impact

Productivity:

Poa's solution helps bridge Africa's digital divide by increasing access to reliable and affordable internet to low-and medium income communities that were previously unconnected.
Greater access to education, other e-services, revenue generation activities, and more broadly, GDP growth in Kenya and other markets.
Potential to improve connectivity at schools without access.
Poa’s solution is offered at a significantly cheaper price than alternative providers (more than 50% cheaper).

Environment:

As part of its operations, Poa is committed to implement best practices in terms of energy efficiency, waste management, etc. and is continuously monitoring and improving its environmental performance.
As part of the Series C investment, Poa will implement an updated ESG action plan.