Munzir HakimiTable of Contents
Fresh Start Ahead
Roam, a Kenyan electric mobility manufacturer, has teamed up with Fortune Credit to introduce a financing program for electric motorcycles aimed at individuals and businesses.This initiative marks a significant step towards promoting clean and cost-effective transportation in Kenya.
The partnership will kick off with 600 Roam Air Gen 2 motorcycles, targeting delivery services and individual riders.According to Habib Lukaya from Roam, this collaboration aims not just to sell motorcycles but also to dismantle barriers that hinder the transition to electric mobility.
Financing Made Easy
Customers can secure thier motorcycle by paying a KES 25,000 deposit followed by daily payments of KES 527 over two years. This package includes full ownership of the motorcycle and battery, insurance coverage, health benefits thru Hospicash, and access to Roam’s charging infrastructure.
The new Roam Air Gen 2 models come equipped with over 40 upgrades such as enhanced durability and improved range. With more than one-third of components locally manufactured, this initiative is set to boost local job creation while strengthening Kenya’s electric mobility landscape.
Empowering Communities
Fortune Credit’s partnership with Green for Access Fund LLC (G4A) enhances access to affordable loans for clean technologies. Janet Kuteli from Fortune Credit emphasizes that this collaboration aims not only at enabling ownership but also at building resilience among underserved communities through financial education and bundled insurance options.
this program exemplifies G4A’s mission: breaking down financial barriers that prevent communities from embracing green technologies. David Ekabouma from GreenMax Capital Group highlights how blended finance can drive transformative change in emerging markets by meeting the demand for lasting solutions while supporting small-scale entrepreneurs.
Final Thoughts
This partnership signifies a pivotal moment in Kenya’s e-mobility sector-showcasing how innovative financing can facilitate the adoption of clean technologies while empowering local businesses.
