M-KOPA Exports 15,000 Phones to Uganda

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M-KOPA exports 15,000 locally assembled phones to Uganda monthly, part of its strategy to reduce costs and defaults under a pay-as-you-go model. The Nairobi plant produces 150,000 devices monthly, a 25% increase from last year, with over two million phones assembled since 2023. The company has served 4.8 million East African customers, providing $1.6 billion in credit, health insurance, and digital services. M-KOPA also offers electric vehicle financing and refurbishes devices locally.