Kenyan Mobility Startup, eWAKA Secures $540,000 in Funding
A Kenyan business called eWAKA that seeks to enhance sustainable mobility has received strategic investment from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
The SECO Start-up Fund has given eWAKA a $540,000 loan to support its 2023 ambitions to accelerate a growth strategy centered on providing innovative and sustainable mobility technologies in Africa. This loan will be used to support local production and marketing of eWAKA’s iconic electric bike, the Shujaa.
Thanks to its expansion plan, which was based on a variety of pilot projects, including a Shujaa market introduction, eWAKA will be prepared to spread out to other parts of Kenya and East Africa in 2023.
Co-founder, CEO, and general counsel of eWAKA Celeste Vogel made the following statement in response to questions about the company’s growth plans for 2023: “eWAKA’s distinctive value add offering is the completeness of the ecosystem we offer in the domain of last-mile transportation.
“eWAKA undertook a number of trial initiatives with target client categories to better improve our product range. For micro-mobility models and solutions to be successfully deployed, understanding localized limits and factors is crucial.
The eWAKA Shujaa app was created specifically to make delivery services easier.
eWAKA Kickscooters are composed of premium, long-lasting materials and are intended for sharing.