Afb is just about to fully acquire a local Kenyan startup for $2m but that’s a story for another day.
Today, Kenya’s Angani, an automated public cloud infrastructure founded in 2013 by brilliant Phares Kariuki and Riyaz Bachani, Brian Mutia and Ripduman Sohan has announced it has raised a seed round led by Invested Development with participation from Africa’s Talking, Savannah Fund, and Africa Angels Network to get East African SME’s into the cloud.
Phares Kariuki, CEO of Angani told TechMoran, “The figures are undisclosed but we will use the funds to build our infrastructure and recruit to satitsfy the demand.”
Angani, a pay as you go cloud service is steadily gaining traction in a market where hosting has been left to international players due to capacity. Angani means “The Sky” in Swahili and aims to be a huge business enabler just as IT, electricity and telephony are as business are increasingly spending a larger share of their revenues on IT which Angani wants to solve by buying infrastructure in bulk, virtualizing it and lease it out for a reduced rate.
This raise will mean more firms