Sun King joins Kenya’s growing smartphone financing race

Eleven months after opening its first African manufacturing facility , Sun King, the off-grid solar startup, is now making smartphones in Kenya as it expands its PayGo model into Kenya’s growing financed-device market. The move puts the company in direct competition with M-KOPA and Watu, which have built businesses around financing smartphones for customers who might otherwise struggle to afford them. Sun King’s EZ 3 smartphone requires a KES 2,299 ($18) deposit and KES 55 ($0.43) a day for 365