Pan-African workspace operator KOFISI received $10.5M investment from London-based Falco Group as part of a $35M Series B capital raise, with CEO Michael Aldridge advocating for operator-driven growth models over traditional fragmented fund investments in Africa.

ICYMI: KOFISI currently operate 11 centers across six African countries with a portfolio approaching 500,000 sqft, seeing 40% growth in 2024 through expansion of existing centers and new openings in Kenya and Morocco. The investment will support development of a further 1M sqft of premium workspace across Africa, including a new 100,000 sqft location in Nairobi and upcoming sites in Kigali, Cairo, and other key markets.