Remove Financing Remove Kenya Remove Motorcycles
article thumbnail

Kenya’s Largest Bank To Provide 100% Financing For Riders To Acquire 100,000 Electric Motorcycles!

CleanTechnica EVs

The Group is headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, South Sudan, Tanzania, Uganda, and Burundi. The KCB Group is the largest financial services organization in East Africa in terms of asset size.

Burundi 132
article thumbnail

Watu Credit Partners With ARC Ride to Increase Number of EV Battery Swap Stations in Nairobi

CleanTechnica EVs

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 per day).

Kenya 116
article thumbnail

Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica EVs

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They say electric motorcycles can be […].

Rwanda 122
article thumbnail

Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

The rate of decline has slowed down and it shouldn’t be long before exports of scooters, motorcycles and mopeds are finally back on growth road. If the same pace of growth is maintained or exceeded, it can be surmised that exports of made-in-India scooters, motorcycles and mopeds will notch growth in CY2024 and for fiscal year 2025.

India 52