Key Developments
Kenya-Based Mobility Startup BasiGo Secures USAID Support for Electric Bus Pilot Program in Rwanda
This is the first time that USAID has awarded a grant specifically to support electric bus development in East Africa, and it is a sign of the growing recognition of the potential of electric vehicles to help the region reduce its reliance on fossil fuels and improve air quality.
BasiGo plans to deliver 200 electric buses to Rwanda before the end of 2024 as part of a commercial partnership with the Rwandan company AC Group.
The fleet will be operated mainly by public transport operators Kigali Bus Service, Royal Express, and Volcano. BasiGo will also provide them with all recharging and maintenance services.
The grant from USAID will be used to support the pilot testing of the electric buses in Kigali and help BasiGo refine its business model and develop financing solutions for bus operators.
The expansion of BasiGo’s operations to Rwanda is a significant step towards the electrification of public transport in East Africa.
It is also a testament to the company’s commitment to making electric buses affordable and accessible to transport operators in the region.
The success of the startup’s electric bus operations in Rwanda could pave the way for the wider deployment of electric buses in other East African countries.
This is expected to have a significant positive impact on the region’s environment and public health.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Kenyan Travel Tech Startup Triply Secures Investment From Y Combinator
Kenyan travel technology startup Triply has secured a significant investment of $500,000 from Y Combinator, a world-renowned startup accelerator.
Tanzanian Fintech NALA Secures $40 Million in Series A Funding to Expand Services
Tanzanian fintech startup NALA has secured $40 million in a Series A funding round, one of the largest of its kind in Africa according to TechCrunch.
Nigerian Fintech Waza Secures $8 Million to Expand B2B Payments Across Africa
Waza, a Nigerian fintech startup specializing in B2B payments and liquidity solutions for emerging markets, has raised $8 million in a combination of equity and debt financing.