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M-Kopa raises Sh8.5bn to fund Kenya, Africa expansion
US President Barack Obama when he visited the M-Kopa stand at the Power Africa Innovation Fair in 2015 on the sidelines of the Global Entrepreneurship Summit in Nairobi. FILE PHOTO | NMG
Solar and financial technology firm M-Kopa has raised $75 million (Sh8.5 billion) in equity financing as it seeks to speed up its expansion in Kenya and regional countries.
M-Kopa which says it has so far provided financing to two million customers across its African markets including Kenya said it would use the funds to grow in new and existing markets.
