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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…
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M-KOPA raises $250M in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa.
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 |
Nigeria’s Itana partnered with Binance and the Charter Cities Institute to build a physical tech hub near Lagos, but the plan has sparked controversy.