• About Us
  • Archives
  • SWG Registration
Samrack Media
Mahiga Homes
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events
No Result
View All Result
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events
No Result
View All Result
Samrack Media
No Result
View All Result

Kenya’s M-Kopa on MIT’s top 50 smart firms list

samrack by samrack
July 6, 2017
in Africa, Business, Diaspora, Diaspora Investments, Diaspora News, Education, Kenya, Kenya Diaspora News, News, Trending Elsewhere, U.S Diaspora
A A
0
Kenya’s M-Kopa on MIT’s top 50 smart firms list
Share this
FacebookTwitterPinterestEmailWhatsAppLinkedIn
US PRESIDENT BARACK OBAMA WHEN HE VISITED THE M-KOPA STAND AT THE POWER AFRICA INNOVATION FAIR IN 2015 ON THE SIDELINES OF THE GLOBAL ENTREPRENEURSHIP SUMMIT IN NAIROBI. FILE PHOTO  

Kenya’s M-Kopa on MIT’s top 50 smart firms list

M-Kopa, a solar energy firm, is among the world’s top 50 smartest companies in the world, according to a ranking by Massachusetts Institute of Technology (MIT).

The firm, which made its first appearance on the coveted list, was placed in position 34 ahead of  e-commerce firm Jumia (44), multinational tech giant IBM (39), social media firm Snap (48), Daimler (46) and Adidas (38), which was featured in the list for launching a “robot-intensive microfactory” in Asnbach, Germany.

M-Kopa sells solar home systems to low-income earners by allowing them to pay in instalments over a year through mobile money.

By the end of April, the firm had connected half a million homes in Kenya, Uganda and Tanzania with its M-Kopa 400 system.

The system includes a 20 watts solar panel, three LED light bulbs with cables and switches, a phone charging cable with five standard connections, one LED portable and rechargeable torch and radio.

The firm had also sold 50,000 solar TV systems and had completed 150,000 customer upgrades for products and services.

The MIT technology review compiles the list annually, which puts together the top 50 companies that “combine innovative technology with an effective business model.”

The top five firms on the list include Nvidia — an artificial intelligence software firm, SpaceX — a rockets and spacecraft maker and launcher, e-commerce giant Amazon, 23andMe a biomedicine firm, Alphabet — Google’s parent company.

“There have always been large companies and outright monopolies, but there’s something distinctive about this new generation of what some economists call superstar companies.

“They appear across a broad range of business sectors and have gained their power at least in part by adeptly anticipating and using digital technologies that foster conditions where a few winners essentially take all,” said MIT technology review editor David Rotman.

“Our annual list of the 50 Smartest Companies includes many of these firms, but it’s not merely a list of today’s biggest or most profitable players. It highlights technologically innovative companies whose business models allow them to exploit these advances.”

Source:http://www.businessdailyafrica.com/

 

Tags: Daimler (46) and Adidas (38)GermanyJumia (44)Kenya’s M-Kopa on MIT’s top 50 smart firms listMIT technology review editor David Rotman.multinational tech giant IBM (39)Nvidia — an artificial intelligence software firmsocial media firm Snap (48)SpaceXwhich was featured in the list for launching a “robot-intensive microfactory” in Asnbach
Previous Post

Kenya Police forensic laboratory should help solve murder cases faster

Next Post

Rev Teresa Wairimu Kinyanjui 2017 PROPHETIC WORD

Related Posts

DP Ruto picks Rigathi Gachagua as his running mate
Kenya

DP Ruto picks Rigathi Gachagua as his running mate

May 15, 2022
Muteshi Land Grabbing Case Haunts Ruto
Business

Muteshi Land Grabbing Case Haunts Ruto

May 13, 2022
Boyfriend of Missing US-based Kenyan Woman Considered a ‘Person of Interest’ in Her Disappearance
Diaspora

Boyfriend of Missing US-based Kenyan Woman Considered a ‘Person of Interest’ in Her Disappearance

May 13, 2022
Five Reasons Why Real Estate Increases in Value
Business

Five Reasons Why Real Estate Increases in Value

May 13, 2022
Kenya:9,484 children were defiled last year— Health ministry
Health

Kenya:9,484 children were defiled last year— Health ministry

May 13, 2022
Standoff at JKIA After Family Refuses to Pick Body of Kin Who Died in Saudi Arabia
Diaspora

Standoff at JKIA After Family Refuses to Pick Body of Kin Who Died in Saudi Arabia

May 12, 2022
Next Post
Rev Teresa Wairimu Kinyanjui 2017 PROPHETIC WORD

Rev Teresa Wairimu Kinyanjui 2017 PROPHETIC WORD

Please login to join discussion
Job Openings Below is a list of current job openings at Northeast Clinical Services, Inc.. Please click on an opening in the list to view details and apply. Job Openings Below is a list of current job openings at Northeast Clinical Services, Inc.. Please click on an opening in the list to view details and apply. Job Openings Below is a list of current job openings at Northeast Clinical Services, Inc.. Please click on an opening in the list to view details and apply.
ADVERTISEMENT
ADVERTISEMENT

Latest News

DP Ruto picks Rigathi Gachagua as his running mate

Muteshi Land Grabbing Case Haunts Ruto

Boyfriend of Missing US-based Kenyan Woman Considered a ‘Person of Interest’ in Her Disappearance

Five Reasons Why Real Estate Increases in Value

Kenya:9,484 children were defiled last year— Health ministry

Standoff at JKIA After Family Refuses to Pick Body of Kin Who Died in Saudi Arabia

Kenyan Nurse Wins Sh29 Million Global Nursing Award in Dubai

Russia Questions US-Funded Biolab in Kenya

GOVERNOR MUTUA’S BIG BLOW AS TRIBUNAL STOPS HIM FROM EXITING AZIMIO LA UMOJA ONE KENYA COALITION!!

Canada Issues Travel Advisory to Its Citizens in Kenya

We are grateful for your monthly or one-off donations To Samrack Media: Cash App No: 781-888-8770 $SAMRACK001

Money

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency

by samrack
November 19, 2021
0

New Digital Skills Helps Unemployed Kenyan Youth Earn In Cryptocurrency This week sees the launch of a new initiative to equip...

A simple guide to Government Bonds investing in Kenya

A simple guide to Government Bonds investing in Kenya

by samrack
September 17, 2021
0

A simple guide to Government Bonds investing in Kenya A treasury bond (T-bond) is a medium term to long term...

Politics

GOVERNOR MUTUA’S BIG BLOW AS TRIBUNAL STOPS HIM FROM EXITING AZIMIO LA UMOJA ONE KENYA COALITION!!

GOVERNOR MUTUA’S BIG BLOW AS TRIBUNAL STOPS HIM FROM EXITING AZIMIO LA UMOJA ONE KENYA COALITION!!

by samrack
May 11, 2022
0

GOVERNOR MUTUA'S BIG BLOW AS TRIBUNAL STOPS HIM FROM EXITING AZIMIO LA UMOJA ONE KENYA COALITION!!   Governor Alfred Mutua’s...

You are free to use Nairobi expressway from next Saturday – Uhuru

You are free to use Nairobi expressway from next Saturday – Uhuru

by samrack
May 8, 2022
0

You are free to use Nairobi expressway from next Saturday - Uhuru Other than the ban on photography, skaters, pedestrians,...

  • About Us
  • Archives
  • SWG Registration

© 2021 SAMRACK - Diaspora News & Updates; design by: Samrack.

No Result
View All Result
  • Home
  • ALL NEWS
  • Diaspora
  • Africa
    • AFRICA
    • KENYA
  • BUSINESS
    • BUSINESS
    • INVESTMENTS
    • REAL ESTATE
    • TECHNOLOGY
  • Politics
  • Health
    • HEALTH
    • EDUCATION
  • Religion
  • People
    • PEOPLE
    • LIFESTYLE
    • RELATIONSHIPS
  • Obituaries
  • Videos
  • Events

© 2021 SAMRACK - Diaspora News & Updates; design by: Samrack.

Page generated in 0.856 seconds. Stats plugin by www.blog.ca