BasiGo Secures $42 Million in Equity and Debt to Drive Electric Bus Growth in East Africa
October 23, 2024
Summary BasiGo has announced the close of a $42 million funding round. This round consists of $24 million Series A Equity funding and $17.5 debt facilities from British International Investment (BII) and the U.S. Development…
IZI Expands Electric Bus Fleet in Rwanda with Grant from Green Fund
October 21, 2024
IZI has today announced significant milestones in its mission to electrify Rwanda’s public transport sector. In just four months of operation, IZI’s initial fleet of five electric buses has demonstrated remarkable success. The buses have…
Ampersand Opens a New Electric Motorcycle Manufacturing Facility in Nairobi
October 17, 2024
Ampersand has opened a new manufacturing facility in Nairobi for its electric motorcycles. The company says with the opening of this new facility, it will triple its production capacity in the country. Josh Whale, CEO,…
CFAO Motors Unveils three BYD Electric Cars in Kenya Under its Subsidiary, Loxea
October 1, 2024
BYD electric vehicles are officially available in Kenya after CFAO Motors launched them through its leasing and fleet management subsidiary Loxea. Loxes is the official distributor of BYD vehicles in Kenya. Also Read: BYD Set…
NCBA Acquires Hybrid Electric Vehicles from CFAO Mobility Kenya
October 1, 2024
NCBA has acquired two hybrid electric vehicles (HEVs) from CFAO Mobility Kenya, furthering its commitment to environmental responsibility under its “Change the Story” initiative. This transition represents NCBA’s leadership in green innovation and its continued…
BYD Set to Launch its Electric Vehicles in Zambia
September 5, 2024
BYD Set to Launch its Electric Vehicles in Zambia in Partnership With PEM (Pilatus Electric Mobility Zambia Limited). Through this partnership, PEM will now be called BYD Zambia. In Zambia, BYD plans to sell three…
University of Nairobi to Host Inaugural E-Mobility Workshop on Workforce Development
August 16, 2024
The University of Nairobi is set to host its first-ever E-Mobility Workshop on August 30, 2024. The workshop is organized in collaboration with the Green Global Footprint Initiative (@GGFI_kenya) and AfricaNEV (@AfricanEv), with a primary…
Watu Sets an Ambitious Target to Finance 10,000 Electric Bikes in 2024
August 2, 2024
Watu has released its inaugural sustainability report disclosing its progress in financing mobility and connectivity assets and the environmental impact of its operations. In the report, the company has said it plans to increase financing…
Kenya’s Afrigreen Automobile Secures $20 million investment from Chinese EV manufacturer Chery
July 31, 2024
Summary Kenya’s EV sector is set for growth following the $20 million investment into local manufacturer, Afrigreen Automobile, by Chinese EV manufacturer, Chery. Acording to Afrigreen Automobile, the funding will be used to set up…