Kenya has unveiled its first electric-motorcycle financing scheme, a flagship partnership linking local e-mobility maker Roam, micro-lender Fortune Credit and climate-finance specialist GreenMax Capital Advisors.
The programme is designed to put affordable, zero-emission motorcycles in the hands of both small businesses and boda-boda riders who have long been shut out of formal credit.
Speaking during the Launch at Roam's Nairobi Assembly Plant, Habib Lukaya, the Company's Regional Sales Operations Manager, said the high upfront cost, not technology, remains the chief obstacle to Kenya's two-wheeler electrification. "The biggest blocker for transitioning to electric mobility in Kenya has been access to financing, especially for end users and small businesses.
With Fortune Credit on board as a trusted local financier, we are removing that barrier," said Lukaya.
