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Kenya’s Largest Bank To Provide 100% Financing For Riders To Acquire 100,000 Electric Motorcycles!

CleanTechnica EVs

The KCB Group is the largest financial services organization in East Africa in terms of asset size. In 2007, the KCB Foundation was established to implement the KCB Bank Group’s Corporate Social Responsibility programs and as a […]

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Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica EVs

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles.

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Electric vehicles trends in India

Electric Vehicles India

As per the company, this is the largest amount that is raised by an electric mobility company in all of Sub-Saharan Africa. The funding raised by the company will be used to scale its operations in electric motorcycle and bus manufacturing in Africa. The Swedish-Kenyan company raised $5 million in equity and $2.5

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