KOFISI shared that they're refocussing on building a premium ecosystem of workspaces, shifting operations from some of their legacy buildings in Nairobi and towards their new, larger flagship Centers (like the one at KOFISI Kaskazi).

While another source notes that a $3.2M loss triggered the reconfiguration, the announcement shares that KOFISI are expanding in Rwanda and into GCC, and closed the first $10.5M of their $35M raise.

Also in the piece: Africa now has over 500 verified flex space locations. Further listening: We recently sat down with Michael Aldridge on the TWIC podcast feed.