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Mobility
46 posts
E-taxi app Bolt hits KES 272B in yearly revenue
Multiple players find the e-taxi business challenging. Bolt, for instance, has been expanding rapidly in the African market…
BasiGo closes a $24 million Series A round
Africa50 led the equity funding round, which included participation from Novastar Ventures, CFAO Kenya, Mobility54, SBI Investment, Trucks VC, Moxxie Ventures, and Susquehanna Foundation.
NCBA acquires hybrid electric vehicles from CFAO Mobility Kenya
NCBA aims to cut direct emissions and adopt green technologies. The Bank has committed to mobilising KES 30 billion for green financing by 2030 and plans to plant 10 million trees by the same year.
Uber launches Safari trips, but first in South Africa
Uber Safari riders will also access the reserve's grounds before returning to Cape Town.
Bolt Kenya bends to driver pressure with a 10% fare jump
In what can be seen as a move to quell driver complaints over pricing, Bolt Kenya has increased…
Bolt, Hakki Africa to finance 1,500 vehicles for Kenyan drivers
Hakki Africa offers a credit scoring system and fintech solutions that enable taxi drivers, who often lack access to traditional financial services, to secure loans in Kenya.
Kigali’s EV company Ampersand to purchase BYD batteries as it eyes expansion
Ampersand will buy batteries from BYD to build 40,000 electric motorbikes by the end of 2026. This is part of a larger goal to electrify many of Africa's 30 million commercial motorbikes.
Kenyan electric vehicle companies get $20 million from the US
In February 2024, DFC announced a $10 million loan to Roam Motors.
Kenya releases draft e-mobility policy for EVs
The policy aims to address key issues in the electric vehicle industry, key of which is economic development, and environmental conservation.
Kibo unveils new K250R adventure bike
Kibo Africa has introduced the third generation of the Kibo 250R motorcycle, which aims to improve urban mobility…