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M-KOPA

Overview

M-KOPA’s mission is to make high quality energy affordable to everyone. As of July 2016, it had connected more than 400,000 homes in Kenya,Tanzania and Uganda to solar power with over 500 new homes being added every day. Each 8W battery powered-system comes with three lights, mobile phone-charging and a solar powered radio. Customers can now opt for a 20W system with digital TV.

Current customers will make projected savings of $300m over the next four years. M-KOPA’s customers will enjoy 50 million hours of kerosene-free lighting per month. Total employment created in East Africa is 2,500.

In 2016, the award-winning company was recognised at the Financial Times Arcelor Mittal- Boldness in Business Awards in the Developing Markets category. It was was named as the Best Mobile Innovation for Emerging Markets at the Global Mobile Awards. In 2015, M-KOPA was recognised by Fortune Magazine as one of the Top 50 Companies Changing The World and won the Zayed Energy Future Prize. M-KOPA has also won the 2014 Bloomberg Pioneer Award and 2013 FT/IFC Excellence in Sustainable Finance Award.

 

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