A story of moral imagination and bold entrepreneurship | Sitoyo Lopokoiyit in conversation with Jacqueline Novogratz

In this episode of TED Business, host Modupe Akinola introduces a conversation from TED 2025 between M-PESA CEO Sitoyo Lopokoiyit and Acumen CEO Jacqueline Novogratz. They discuss the concept of moral imagination and its central role in the creation and ongoing guidance of M-PESA, Africa's largest fintech platform. Sitoyo shares the origins of M-PESA, highlighting key insights and the development of their agent network. The conversation further explores the impacts of M-PESA, including its influence on international money transfers, economic growth, and the digitization of SMEs. They also touch on the company's initiatives for financial inclusion, such as providing access to financial services for visually impaired individuals and the Hasla Fund. The discussion extends to the adjacent possibilities created by M-PESA, particularly in energy and agriculture, and concludes with reflections on moral leadership and the future of Africa in the context of AI. Modupe Akinola then shares her reflections on moral imagination and its application to entrepreneurship, emphasizing the importance of meeting the needs of both those outside and inside the organization.