Episode 123 - Mawingu's CEO Farouk Ramji on US$15M Fundraise & Tanzania Entry with Habari Acquisition.
I had the pleasure of sitting down with Mawingu’s CEO, Farouk Ramji, for an exclusive conversation on their latest milestone: a $15M fundraise and the acquisition of Tanzania’s Habari, a leading ISP based in Arusha. This move cements Mawingu’s position as East Africa’s largest ISP dedicated to rural and peri-urban markets.
Farouk shared insights into Mawingu’s disciplined expansion strategy, which focuses on bridging the digital divide in underserved areas. We discussed how Habari’s 30-year legacy aligns with Mawingu’s mission to deliver affordable, sustainable, and high-quality Internet connectivity. Farouk also revealed their decision to retain the Habari name while refreshing the brand to reflect Mawingu’s innovative ethos.
The $15M funding round, led by Africa Go Green Fund (Cygnum Capital) with support from InfraCo Africa and FMO, will accelerate Mawingu’s deployment of fiber and wireless networks across Kenya and Tanzania. Farouk detailed the challenges and teamwork behind the 18-month fundraising process and how this capital will enable rapid scaling.
Mawingu’s strategy addresses the “last mile” connectivity gap in East Africa, using a phased approach: deploying wireless technology to build customer bases before rolling out fiber in denser areas. With 175 towers supporting its operations, Mawingu is set to replicate its Kenyan success in Tanzania and beyond.
We also explored Mawingu’s people-first philosophy. Farouk highlighted stories of dedicated employees, like Martha, who rose from junior IT staff to a senior leadership role, showcasing the company’s commitment to nurturing talent.
Looking ahead, Mawingu’s 2028 vision to impact 1 million East Africans remains ambitious but achievable. With plans to explore Uganda, Rwanda, and the DRC, Mawingu is poised to redefine digital connectivity in the region.
Tune in to hear Farouk’s reflections on leadership, the acquisition journey, and what’s next for Mawingu as it scales new heights.
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