Original disclosure @ DFC website
Updated in EWS Mar 13, 2023
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According to the DFC, the project consists in a direct equity follow-on investment in the Series C round of Copia, a leading ecommerce company that delivers essential goods to low- and middle-income rural and peri-urban consumers in Kenya and Uganda.
As stated on the company's website, Copis is the only B2C e-commerce platform built for the African mass market.
With a network of over 40,000 digital-enabled Agents across Kenya and Uganda, 2 million customers and over 13 million orders to date, Copia provides a seamless shopping experience to all customers regardless of their income level, access to technology, or location.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Copia Global, Inc.||Client||Industry and Trade|
No project contacts available at the time of diclosure.
Borrower- Copia Global, Inc.:
Address: Copia Global, Tatu City Industrial Park, ALP North, 2 Ruiru Kamiti Road, Ruiru
Phone: +254 709 339000
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)
The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.
You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability