M-KOPA is a UK-based fintech company that produces smartphones integrated with financial services to promote financial inclusion in Africa.
Kenya’s new tax proposals threaten M-KOPA, Sun King phone assembly plants
The Finance Bill 2026 proposes a 25% excise duty on domestically manufactured smartphones. Locally assembled smartphones will lose their zero-rated VAT status, raising their costs.
M-KOPA unlocks $22.5 million in credit in South Africa as women drive uptake
M-KOPA has extended over ZAR 370 million ($22.5 million) in credit to low-income consumers in South Africa since 2023. 49% of M-KOPA's 105,000 customers are women, with 36% being first-time smartphone users.
EV Startup Roam Launches AI-Enabled Platform for Real Time Tracking of Electric Fleets in Africa
Roam has launched Roam Explorer, an AI-driven intelligence platform for Africa's EV sector. The platform tracks battery health and real-time location, enhancing visibility for electric vehicles.
Wimbart launches low-cost PR service for early-stage African startups
Wimbart launched Wimbart Lite, a service for pre-seed and early-stage startups in Africa. The service targets companies that have raised under $1 million and need fast communications support.
12 Kenyan startups to watch in 2026
Turaco's embedded microinsurance model has covered over 5 million people and aims to insure 10 million by 2026. Workpay serves over 1,000 businesses across 20 countries, evolving into an HR and compliance platform.
