Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda Johannesburg, South Africa | THE INDEPENDENT | Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers …
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Kampala, Uganda | THE INDEPENDENT |Solar and asset financing firm M-Kopa has secured Kshs35 billion ($255 million) financing in new debt and equity from Standard Bank and Japanese-based trading house Sumitomo Corporation among others for expansion in sub-Saharan Africa. M-Kopa said the capital injection includes Kshs7.5 billion ($55 million) in …
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The firm, which offers customers in Kenya, Nigeria, Ghana and Uganda access to financing for appliances and electronics, says it will launch in more countries and broaden its product range | DAVID THOMAS | Kenyan lender M-Kopa, which offers underbanked customers finance to acquire solar lighting, smartphones, TVs and domestic …
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Nairobi-based lender M-KOPA is expanding into the Nigerian market, and have hired an ex-Andela executive for the job | DAVID THOMAS | Kenya’s M-KOPA, which offers underbanked customers finance to acquire solar lighting, smartphones, TVs and domestic appliances, is expanding into Nigeria after a successful pilot project. M-KOPA, which means …
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Pay-as-you-go off-grid solar energy is bringing electricity to millions across Africa. Ian Lewis reports Falling costs and improved sales networks mean that small-scale solar power for households or micro-businesses is taking off across Africa. Crucially, this is fast becoming a self-sustaining sector that can generate its own revenues, and allowing numerous companies of …
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