US EditionAs U.S. DFI Capital Melts Away, Africa’s Bold Ventures Enter Uncertain Waters
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As U.S. DFI Capital Melts Away, Africa’s Bold Ventures Enter Uncertain Waters
In rural Kenya, it used to be normal to go without power. No electricity meant no cold storage, no internet, and no way to charge a phone. That started to change when M-KOPA, a local fintech, began offering pay-as-you-go solar kits and smartphones to low-income households who may not have access to traditional credit. Efforts like this require some financial muscle, and for M-KOPA, it didn’t come from the government or local partners; it got som…
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