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M-Kopa ( M for mobile, kopa is Swahili for borrow, stylized as M-KOPA) [ 1] is an African connected asset financing platform that provides underbanked customers in Africa to essential products including smartphones, electric motorbikes & digital financial services. [ 2][ 3] M-Kopa was launched commercially in 2012 and is headquartered in Nairobi.
As of June 2017, there were an estimated 20.4 million mobile subscribers out of an estimated population of 39.6 million; [9] a 51.5 percent penetration rate. [10] By March 2018, the number of mobile phone users had increased to 24.8 million, a 70.9 percent penetration rate. [11]
Jumia was launched in Nigeria in 2012 and expanded to five other countries: Egypt, [6] Morocco, Ivory Coast, Kenya and South Africa. In 2014, the company launched offices in Tunisia, Tanzania, Ghana, Cameroon, Algeria and Uganda, and by 2018 it was present in 14 African countries. [7]
MTN Group Limited (formerly M-Cell) [ 2] is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. [ 3][ 4] As of December 2022 MTN recorded 289.1 million subscribers. [ 5] MTN is among the largest mobile network operators in the world, and the largest in Africa.
South Africa has four licensed mobile operators: MTN, Vodacom (majority owned by the UK’s Vodafone ), Cell C (75% owned by Saudi Oger, an international telecommunications holdings firm), and 8ta, a subsidiary of Telkom. In 2012, mobile penetration was estimated at more than 10%, one of the highest rates in the world. [ 4]
The South African rand, or simply the rand, ( sign: R; code: ZAR[ a]) is the official currency of South Africa. It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents.
U. Uganda Telecommunications Corporation Limited. Categories: Mobile phone companies by country. Telecommunications companies of Uganda.
The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. The rand replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent at 1.2 pence. The coins bore the forward-facing portrait of Jan van ...