The solar PV market in a lot of African countries has grown thanks to project developers and financiers offering attractive power purchase and lease agreements to clients in the C&I sector. Uptake was driven without any government incentives in most of these countries. Uptake was simply influenced by savings customers … [continued]
Africa Electric Mobility Week is on in Nairobi, Kenya, this week from the 17th to the 22nd of September. It is a great time to check on some of the progress in key sectors such as electrification of public transport in Kenya. One of the main modes people use to … [continued]
Fleet operators, such as shuttle service providers for airport transfers and other players who drive a lot of kilometers per day, stand to benefit the most from lower operation and maintenance costs associated with electric vehicles, thereby enjoying a lower total cost of ownership. They also benefit from access to … [continued]
The Kenya Power and Lighting Company Plc (Kenya Power) is Kenya’s electric utility company. Kenya Power is the main offtaker of power produced by both national and independent power producers. Kenya Power then transmits, distributes, and retails the power to customers throughout Kenya. As of December 2023, the company had … [continued]
Bolt, a leading on-demand mobility company in Africa, in collaboration with M-KOPA, a leading African fintech platform, today announced the launch of its electric bike fleet in Kenya. Through this partnership, new and existing drivers will have the opportunity to lease ROAM and Ampersand electric motorbikes at a discounted price … [continued]
Roam is now scaling up production of its flagship Roam Air electric motorcycle, and will now have its motorcycles on show in at least 30 stores in Kenya, in collaboration with several partners.
A lot more electric motorcycles have been unleashed onto the streets of Nairobi. These days you do not even need to go around looking for them. They are literally everywhere you go, which is extremely exciting.
As you drive around Nairobi, Kenya, you will not miss the bright yellow school buses transporting learners to and from school as well as around town for sporting and other engagements. These school buses are still essentially all diesel buses. Whilst the Matatu (minibus) sector has been getting a lot … [continued]
The Washington DC-based Millennium Challenge Corporation (MCC) and the Government of Kenya signed a $60 million Kenya threshold program agreement earlier this week. They say the program is designed to improve urban connectivity and promote economic growth in Kenya. MCC and the Government of Kenya jointly designed the Kenya threshold … [continued]
Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 … [continued]
