Saturday, 18 April, 2026
The Departmental Committee on Finance and National Planning this morning undertook a visit to M-Kopa Limited Company, a leading African fintech platform that provides affordable financial and digital products to “Every Day Earners” - who are the backbone of the continent’s economies.
Founded in 2010 on the idea that combining digital micropayments with GSM connectivity could provide affordable access to life-enhancing products, the company has built a financial platform that has deployed over $1.5 billion in credit and enabled over 5 million customers across five countries - Kenya, Uganda, Nigeria, Ghana and South Africa - to own quality smartphones, access digital services and progress towards their financial goals.
The innovative model of the company which has been a regular stakeholder during the consideration of several Bills by the Committee, provides affordable daily repayment plans that match the realities of how people earn their money.
Today’s engagement was intended to provide an opportunity for the Committee to engage directly with operations of the company and to help contextualize policy implementation considerations, within a live manufacturing environment.