Solar firm M-Kopa lays off 450 staff to cut costs

M-Kopa co-founder and CEO Jesee Moore. FILE PHOTO | NMG

Kenya’s mobile phone-based solar kit reseller M-Kopa Solar fired 450 workers in its subsidiaries in four countries to ease operational costs and boost profitability.

M-Kopa co-founder and CEO Jesee Moore said the firm was in a better position to meet its targets and expand solar connections to the next one million customers in Kenya, Uganda and Tanzania offices.

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