M-KOPA’s asset financing platform has revolutionized access to essential goods and services in underserved African communities by leveraging mobile technology and innovative financing solutions. The firm enables its customers to acquire solar energy systems, smartphones, and other life-changing products through flexible payment plans.
The debt and equity funding will fuel M-KOPA’s ambitious growth plans, enabling the company to scale its operations, strengthen its technology infrastructure, and enhance customer experiences. By expanding its asset financing platform, M-KOPA aims to empower more individuals and small businesses with the necessary tools and resources to thrive. This investment comes at a critical time when access to affordable financing remains a challenge for many people in Africa.
Safaricom PLC has reached a major milestone, making history as the first East African business to earn over $3 billion (KES 388.7 billion) in annual revenue.
The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured its first-ever supply of first-line HIV treatment produced in Africa.
A new AI-focused trade and investment hub has been launched through a partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA).
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