Hohm Energy: From seed to liquidation
Hohm Energy files for voluntary liquidation due to financial troubles. M-KOPA ordered to pay a $6.8 million tax bill in Kenya.
Kenya’s M-Kopa Lands $51 Million in Debt Financing from DFC
M-KOPA has obtained a $51 million loan from the DFC to enhance digital connectivity in Kenya. The funding will enable M-KOPA to provide affordable smartphones and expand access to digital financial services.
Kenya’s Digital Transformation Gets $250M Boost from US Finance Corporation
The US International Development Finance Corporation (DFC) has unveiled a $250 million financing package for Kenya's digital and sustainable mobility landscape. DFC has invested in several prominent Kenyan companies, including M-KOPA, BasiGo, Mogo Auto, Roam Electric, and Pezesha Africa Limited.
Can AI Be the Catalyst for Financial Inclusion in Africa?
Mobile technology and AI have revolutionized the fintech industry in Africa, leading to increased financial inclusion. Homegrown fintech companies have reduced reliance on cash transactions and made essential services more affordable.
