Kenya Accelerates Electric Mobility Drive With Major Funding Boosts
- Kenya secured a 25-billion Japanese yen (≈ USD 168 million) Samurai loan from Japan to support electric mobility initiatives.
- USD 102 million from the loan will enhance local EV manufacturing and assembly, reducing reliance on imported vehicles.
- BasiGo raised USD 42 million to deploy 1,000 electric buses across East Africa.
Kenya's proactive approach to electric mobility, combining international support and local innovation, is commendable. However, the government must address infrastructure scaling and affordability challenges to sustain this momentum and ensure long-term success in the EV sector.
