BasiGo
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MOBILITY
BasiGo to Deploy 28 New Electric Buses in Rwanda
BasiGo, the Kenyan electric vehicle manufacturer, has announced a significant expansion of its operations in Rwanda, with 28 new electric buses set for delivery. The first batch of buses is already on the way and will arrive in Kigali next month. As a result, the expanded fleet will soon serve both city and inter-city routes. Additionally, BasiGo plans to deploy…
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MOBILITY
BasiGo secures $42 million to scale electric bus supply in East Africa
BasiGo, the Kenyan electric vehicle manufacturer has closed US$42 million in new funding led by Africa50, the pan-African infrastructure investor and asset manager The funding round consists of US$24 million in Series A equity funding along with US$17.5 million in debt facilities from British International Investment (BII) and the U.S. Development Finance Corporation (DFC). The equity round features co-investments from…
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NEWS
Kenya setting the pace in EV adoption in Africa
Electric Vehicles (EV) are gaining momentum in Kenya thanks to the government’s National Electric Mobility Plan, which focuses on creating a more green transportation system and rolling out diverse initiatives for sustainable road traffic management. In April this year, Kenya Power released a report that revealed how the country has witnessed increased interest from local and international stakeholders keen on…
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