Mastercard and off-grid solar firm M-KOPA are to pilot a new payment technology to support pay-as-you-go (PAYG) solar opportunities in Uganda, with plans to roll out across East Africa.
Off-grid solar company M-KOPA Solar has secured US$80 million in committed debt financing, which will be used over the next three years to provide financing for pay-as-you-go PV projects in one million homes in Africa.
