The case, detailed in court documents obtained by Kenya Insights, has raised questions about the practices of “impact investors” and corporate accountability in Kenya’s tech sector. M-KOPA, represented by Anjarwalla & Khanna LLP, has sought to dismiss the case, arguing that shareholder disputes should be heard in English and Welsh courts.

UK Energy supplier Octopus Energy Group has made a strategic investment in Sheffield-based MOPO, a tech company delivering clean, reliable power to underserved communities in Sub-Saharan Africa. MOPO runs a pay-per-use system which lets customers rent portable, solar-charged batteries from local hubs.

Most startups chase big cheques to fuel their growth, but Tonye Irims, CEO of Wisolar, took a different route. He turned down a $1.5 million funding offer. Despite that, the South African solar company has continued to rise, earning recognition as one of Africa’s fastest-growing companies for two consecutive years.

The World Bank, Climate Technology Fund (CTF), and the Dutch government (DGIS) have jointly commissioned the Regional Off-Grid Electricity Access Project (ROGEAP). Since its official start in late 2023, ROGEAP has provided capacity building to over 500 solar companies.

SolarNow has suddenly entered voluntary liquidation in Kenya. The company appears to have been pinched from both ends: rising costs (inputs, logistics and staff) versus shrinking sales margins and credit risks. Its Kenyan unit likely burned through cash or could not service loans, making voluntary liquidation the only viable path.