Angani Ltd has secured a seed funding round led by Invested Development to expand its localized cloud services in East Africa.

Overview of Angani

Angani Ltd, based in Nairobi, Kenya, has successfully closed a seed funding round led by Invested Development, with contributions from Africa’s Talking, Savannah Fund, and Africa Angels Network. As the first fully automated public cloud infrastructure provider in East Africa, Angani is set to revolutionize the IT landscape in the region by offering localized cloud services. The company primarily targets small and medium-sized enterprises along with sectors such as financial services and media.

The founding team of Angani—Phares Kariuki, Riyaz Bachani, Brian Muita, and Ripduman Sohan—has established a strong customer base and is poised for significant growth in 2015, thanks to the infusion of investor capital. CEO Phares Kariuki stated that this funding validates the potential of building an internationally competitive infrastructure business in Africa. With the new investment, Angani aims to facilitate the transition of enterprise businesses to cloud solutions and foster local innovation, particularly with new offerings like their Digital Media Broadcasting solution, aspiring to expand their reach across East Africa.

Industry Overview in East Africa

The cloud services industry in East Africa is still in its nascent stages, yet it holds substantial promise for growth. The region's internet penetration is currently low, with only 17% of the Sub-Saharan population online, translating to approximately 160 million individuals. However, projections suggest that this number will sign