BasiGo, a Kenyan electric bus maker, plans to enter the Rwandan market in the fourth quarter of this year. The startup has announced plans to deliver its first unit to Rwandan public transportation providers. Jit Bhattacharya, Chief Executive Officer and Co-Founder of BasiGo, stated that the agreement will see the buses distributed to public transportation…
In order to launch the commercial delivery of locally produced electric buses and charging infrastructure, the Kenyan firm BasiGo has acquired US$6.6 million in new seed funding. In November of last year, Disrupt Africa announced that BasiGo had begun operations in Nairobi after securing KES100 million (US$900,000) in finance earlier in the year. The firm…
In a deal between KCB Bank Kenya and BasiGo Ltd, an e-mobility startup and financing firm providing electric bus services to sub-Saharan Africa, KCB customers in the public service vehicle market will now have access to flexible financing alternatives. Customers will benefit from up to 90% finance and a 36-month repayment extension through this cooperation,…
BasiGo, a Kenya-based electric vehicle startup, has raised $4.3 million in seed funding three months after establishing operations in East Africa’s largest economy to provide clean-energy mass transit vehicles in a country heavily reliant on fossil-fuel buses. The startup stated that it will use the new funding to establish an assembly plant in Nairobi as…
Kenyan startup BasiGo, an electric vehicle technology and financing company working to bring electric bus services to Sub-Saharan Africa, has launched operations in Nairobi having secured KES100 million (US$900,000) in funding earlier this year. BasiGo provides state-of-the-art electric buses along with charging and maintenance services for bus operators, making these vehicles affordable through a financing model…