Aug 5, 2025
Discover how M-KOPA revolutionized African tech by making solar, smartphones, and financial services accessible to millions across emerging markets.
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Discover how M-KOPA revolutionized African tech by making solar, smartphones, and financial services accessible to millions across emerging markets.
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African Fintech M-Kopa Secures $200M in Debt Financing Plus $55M in Equity Funding
Kenya-headquartered African fintech M-Kopa is reported to have secured $200 million in debt financing and an additional $55 million in equity funding. Financial services group Standard Bank Group led the debt financing round while the investment company Sumitomo Corporation led the equity round with an investment of $36.5 million. Expanding M-Kopa’s Smartphone Service Business M-Kopa, an African…
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M-KOPA snaps up $250M+ debt, equity for its asset financing platform
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured over $250 million in new funding. The capital injection includes $55 million in equity and over $200 million in debt, huge sums in both categories that testify to strong fundamentals and solid performance for any…
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See how innovators are leading Africa's renewable energy revolution
See how innovators are leading Africa’s renewable energy revolution
Renewable energy sources are increasingly being explored as a solution to power the continent. Erick Donasian Massawe, M-Kopa‘s Director of Sales and Customer Retention, discusses the potential for Africa to become a key player in green energy, “The potential for Africa to become a leader in the energy trade is huge. Sub Saharan Africa alone represents more than 600 million people who don’t have…
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Kenya energy, M-kopa Used Ksh19 Million For Work Permits For Foreigners
Kenya energy, M-kopa Used Ksh19 Million For Work Permits For Foreigners
Chad Larson with M-KOPA solar light and solar TV systems. [PHOTO/ COURTESY]
Kenya energy, M-kopa Used Ksh19 Million For Work Permits For Foreigners: It has emerged that pay-as-you-go energy for off-grid customers company M-kopa Solar used at least Ksh18.9 million on work permits for foreigners to Kenya in a period of two years.
According to a financial statement in our possession, the company used…
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M-KOPA Solar
New Post has been published on https://www.aneddoticamagazine.com/m-kopa-solar/
M-KOPA Solar
M-KOPA was established in 2011 following successful consumer trials in Kenya during 2010.
As of October 2013, we are actively providing affordable solar power to over 30,000 Kenyan households and adding 1,000 more every week. Our team includes nearly 200 staff and we sell our product through more than 750 retail shops nationwide.
The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery.
M-KOPA Solar
New Post has been published on https://www.aneddoticamagazine.com/m-kopa-solar/
M-KOPA Solar
M-KOPA was established in 2011 following successful consumer trials in Kenya during 2010.
As of October 2013, we are actively providing affordable solar power to over 30,000 Kenyan households and adding 1,000 more every week. Our team includes nearly 200 staff and we sell our product through more than 750 retail shops nationwide.
The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery.
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