[kictanet] Breaking: Kenya’s M-Kopa Solar Closes $12.45 million Fourth Funding Round (What fluff?)

S.M. Muraya murigi.muraya at gmail.com
Mon Feb 2 15:03:48 EAT 2015


Our youth under 30 need to understand it is futile appealing to foreign
investors before winning over local investors.

M-Kopa is a case of focused foreigners who know what they came here to
accomplish, not locals appealing to foreigners.
On Feb 2, 2015 2:40 PM, "cdohnio via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

> http://techmoran.com/m-kopa-solar-closes-fourth-funding-round/
>
> There's a lot of talk of fluff in the Kenyan startup scene but I think
> hearing news like this puts all that nonsense to shame. This was a 1.1
> billion round they just raised after a third round where they raised almost
> 2 billion last year. If this doesn't speak for the startup scene I don't
> know what will.
>
> All the best,
> princelySid
>
> *Twitter:* @princelySid | *Website: *cdohnio.blogspot.com
>
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