EVs
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GREEN FINANCE
NCBA, Salvador Caetano Partner on EV Financing Scheme
NCBA Bank has signed a Memorandum of Understanding with Salvador Caetano Kenya Limited, one of East Africa’s leading automotive distributors, introducing a structured asset financing scheme covering a range of passenger and commercial vehicles, including electric vehicles (EVs). The partnership extends NCBA’s dealer financing ecosystem and positions the bank to capture growing demand for EV financing as Kenya’s cleaner mobility…
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NEWS
The Business Case for Resilient Solar-EV Infrastructure in Africa
For commercial real estate developers and fleet operators across Africa, the challenge is twofold and relentless: navigating the crippling disruptions of grid instability (load shedding) while managing the skyrocketing logistics costs driven by volatile fossil fuel prices. The traditional reliance on diesel generators is quickly becoming a financial liability rather than a safety net. In this volatile landscape, the integration…
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LATEST
Africa’s Electric Revolution: How Local Startups Are Building Smarter Ways To Move
Every day, millions of Africans wake up, hop on a bodaboda, squeeze into a matatu, or board a bus to get to work, school, or the market. Transport is the heartbeat of our cities and our economies. But for years, that heartbeat has been powered by expensive, polluting petrol, and many of us have felt the pain every time fuel…
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MOBILITY
Bolt Now Represents 24% of Kenya’s Electric Vehicle Fleet
Following the launch of Kenya’s E-Mobility Policy, new data from Bolt highlights the growing role of shared mobility platforms in accelerating electric vehicle Electric Vehicle adoption across the country. With 5,808 electric vehicles currently operating on its platform, Bolt today represents approximately 24% of all electric vehicles in Kenya, based on an estimated national total of around 24,000 registered EVs.…
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MOBILITY
Kenya Unveils National E-mobility Policy
Kenya has officially launched the National Electric Mobility (E-Mobility) Policy, a comprehensive roadmap designed to transition the country’s transport sector away from fossil fuels and toward a sustainable, electric future. The landmark policy launched on Tuesday marks a major milestone in Kenya’s transition towards clean, sustainable, and innovative transport solutions. It provides a clear framework to guide the adoption of…
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NEWS
Rideence Inks KSh 320M Deal with AVA to Kickstart Local Electric Vehicle Assembly in Mombasa
Rideence Africa Limited has announced a KSh 320 million partnership with Associated Vehicle Assemblers (AVA) to commence the local assembly of electric vehicles (EVs) in Mombasa. The ambitious project, which officially kicked off this week, aims to assemble 152 electric units from Completely Knocked-Down (CKD) kits by the end of February 2026. The initial batch will consist of 132 units…
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NEWS
Bolt Becomes Nairobi’s Largest EV Ride-Hailing Platform as Electric Fleet Hits 40%
Bolt has officially become the largest operator of electric motorbikes in Kenya’s ride-hailing sector, announcing today that over 40% of its boda boda fleet is now electric. This milestone positions the mobility giant at the forefront of the country’s green transport revolution, significantly outpacing competitors in the race to electrify last-mile connectivity. In a statement released on Monday, the company…
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ENERGY
Moment Energy Secures $5m Funding to Scale EV Battery Repurposing
Moment Energy, a Canadian company specializing in the repurposing of electric vehicle (EV) batteries, has secured $5 million in growth financing from TD Innovation Partners (TDIP). The capital injection is set to accelerate the company’s mission to supply the growing demand for clean, reliable, and sustainable energy storage systems worldwide. The funding from TDIP underscores a rising trend of institutional support…
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NEWS
Kenya Launches Programme to Accelerate E-mobility Transition
Kenya has officially launched the Safiri Electric Program, a national initiative under the Kenya Two and Three-Wheeler Electric Mobility Project, aimed at speeding up the country’s transition to electric transport. The program aims to reduce pollution, decrease fuel imports, and foster green jobs by converting Kenya’s popular two- and three-wheelers from internal combustion engines to electric power. According to World…
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MOBILITY
Kenya Unveils $47M Plan to Roll Out 10,000 EV Charging Stations Nationwide
Kenya’s Ministry of Energy and Petroleum has announced an ambitious plan to install 10,000 electric vehicle (EV) charging stations across the country, backed by an investment of $47.26 million (Sh6.12 billion). The project aims to address one of the significant barriers to EV adoption in Kenya: the scarcity of charging infrastructure outside the capital, Nairobi. While the number of registered…
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