FMO Plans $30 Million Financing Package for M-KOPA’s Kenya E-Mobility Business

Dutch development bank FMO is preparing a $30 million senior-debt financing package for M-KOPA Kenya Mobility, the electric-motorbike subsidiary of African fintech company M-KOPA. The transaction, which remains in the contracting phase, is intended to support the company’s growing portfolio of electric-motorbike and battery-financing receivables in Kenya. Part of the funding will also refinance a bridge facility previously provided by an M-KOPA shareholder.