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Fintech M-KOPA raises $250m to scale high-impact business across Africa

M-KOPA, a leading fintech platform, today announced it successfully closed over $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue…
United Kingdom Mirova Sunfunder Jesse Moore Nick Riley Masaki Nakajima Dutch Entrepreneurial Development Bank

A Peter Thiel–Funded Nigerian Startup Looks to Build Africa's Silicon Valley In Lagos

Along the half-finished asphalt of the Ibeju Lekki Epe Expressway out of Lagos, flanked by marshland, unmarked farms, and rows of fledgling developments, there is an invisible point after which some of Nigeria’s laws suddenly no longer apply. In 2009, the Lagos state government declared a 150-square-kilometer patch of land along the Gulf of Guinea |
United States Nigeria General Lagos State United Arab Emirates United Kingdom New Zealand

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