To date, M-KOPA has sold more than 300,000 household kits: roughly 260,000 in Kenya, 40,000 in Uganda and 20,000 in Tanzania.

M-Kopa estimates a customer saves about $750 over the first four years by switching to its basic solar kit. The interest M-Kopa charges is high by U.S. or European standards.

M-KOPA has sold around 5,000 sets since the launch in February, and Moore says they are struggling to keep up with the growing demand. “It’s feeling of, ‘Hey, I can live in a rural area, but ...

M-KOPA’s financing platform has proved helpful to this set of users since launching as an energy provider in 2011. The company, which enables underbanked customers in select African markets to ...

Device financing is transforming lives in Uganda by giving ordinary citizens affordable access to smartphones and other essential tools.Flexible, pay-as-you-go payment plans are helping Ugandans start ...

According to M-KOPA co-founder and CEO, Jesse Moore: "We are thrilled to welcome our 5 millionth customer to M-KOPA this month. The scale of our operations and our positive impact on customers is ...

In Kenya, a company called M-KOPA Solar is providing clean energy to more than 300,000 homes across east Africa by allowing customers to "pay-as-you-go" via their cell phones. As Lenny Ruvaga ...

M-Kopa said Standard Bank SBKJ.J led and arranged $200 million in sustainability-linked debt financing, while Sumitomo 8053.T had injected $36.5 million in new equity investment.

M-Kopa Holdings raised $75 million in growth equity after a funding round led by Generation Investment Management LLP and Broadscale Group LLC. The capital injection, with money from new investors ...

Courtesy M-KOPA Solar/ALLAN GICHIGI The M-KOPA Solar TV connects to Kenya’s digital television network of about 30 free channels, screening soap operas, premier league football games and marathons.

M-KOPA’s total equity raise stands at $190 million. Previous backers such as the CDC Group and Lightrock took part in this round alongside LocalGlobe’s Latitude Fund and HEPCO Capital Management.