GJO & PartnersInvest Matching

Telecoms & digital infrastructure in Kenya: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Telecoms & digital infrastructure, Kenya.

7

deals recorded

1

over 12 months

20 M$

median disclosed ticket

8

identified investors

Key findings

  • 7 funding deals recorded (Telecoms & digital infrastructure, Kenya) since 2014, involving 6 companies and 8 identified investors. 1 of them over the last 12 months (1 the previous year).
  • Median disclosed ticket: 20 M$; half of the deals fall between 12 M$ and 28 M$ (5 amounts disclosed out of 7, 104 M$ in total).
  • Where the money goes: Telecom operators and ISPs (71 %), Data centres and cloud (29 %).
  • Most frequent stage: Growth (57 %); most used instrument: Equity (71 %).
  • Most active investors: Helios Investment Partners (3), Finnfund (2), Africa Go Green Fund (AGG) (1).
  • 29 % of deals are syndicated (at least two investors around the table).

Industries

  • Telecom operators and ISPs5
  • Data centres and cloud2

Stages

  • Growth4
  • Debt2
  • Series C+1

Instruments

  • Equity5
  • Senior debt2

Deals per year

YearDealsDisclosed amounts
2021112 M$
2022228 M$
2025224 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
MawinguTelecom operators and ISPs · Kenya · Series C+Oct 202520 M$Remgrosource
Poa InternetTelecom operators and ISPs · Kenya · DebtAug 20254 M$Finnfundsource
IXAfricaData centres and cloud · Kenya · GrowthDec 2022undisclosedHelios Investment Partnerssource
Poa InternetTelecom operators and ISPs · Kenya · GrowthJan 202228 M$Africa50source
Bandwidth and Cloud Services GroupData centres and cloud · Kenya · DebtAug 202112 M$Finnfundsource
Telkom KenyaTelecom operators and ISPs · Kenya · GrowthJun 2016undisclosedHelios Investment Partnerssource
Wananchi GroupTelecom operators and ISPs · Kenya · GrowthOct 201440 M$Helios Investment Partnerssource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.