Through this partnership, new and existing drivers will have the opportunity to lease ROAM and Ampersand electric motorbikes at a discounted price in comparison to the current market rates.

This strategic move marks a significant step in Bolt’s commitment to enhance driver earnings through the reduction of operational costs in the market, as well as move towards eco-friendly urban mobility, aligning with global efforts to combat climate change.

The 5,000 electric motorcycle rollout aligns with the recent launch of Kenya’s National E-mobility Policy, aimed at promoting local production and assembly of EVs.

With zero tailpipe emissions and lower maintenance requirements compared to traditional vehicles, these electric bikes offer a cost-effective alternative for drivers, enabling them to maximise their earnings while minimising expenses.

M-KOPA is Kenya’s largest financier of electric motorbikes having already financed approximately two-thirds of the electric bikes on Kenya’s roads.

Through this collaboration, Bolt will leverage M-KOPA’s fintech platform to make electric motorbike ownership affordable, by substantially reducing the expenses associated with electric motorbikes for drivers.

This approach is expected to lead to approximately 40% savings in total ownership costs compared to petrol motorbikes.

By subsidising the cost of the vehicle, Bolt enables drivers to choose an electric motorbike at a price equal to or below that of a comparable petrol alternative.

With reduced energy and maintenance expenditures, drivers can potentially decrease their vehicle operating costs by up to 75%. Riders on the Bolt platform will be able to access an electric bike for as low as KES 10,000- 15,000, through vehicle financing, enabled by the partnership between M-KOPA, ROAM and Ampersand.

Caroline Wanjihia, regional director, RideHailing Operations, Africa & International Markets, said:

“We are excited to introduce our electric bike fleet, in partnership with M-KOPA, as part of our ongoing efforts to support and empower our drivers. This marks a significant milestone in Bolt’s mission to provide sustainable and financially viable transportation solutions in Kenya. By leveraging electric vehicles, we are not only reducing our environmental footprint, but also aim to enhance driver earnings and improve overall economic stability within the communities that we serve. Considering all financial incentives and reduced operating costs, drivers participating in this pilot launch could see significantly increased daily earnings compared to petrol motorcycles. This initiative underscores our commitment to driving positive change and fostering economic empowerment within our driver community.”

David Damberger, managing director – M-KOPA Mobility, added:

“As the leading financier of electric motorbikes in Kenya, we’re committed to redefining mobility in Kenya through affordable financing solutions for electric motorbikes, particularly for the underbanked. Partnering with Bolt represents a significant leap towards this goal, enabling us to broaden our reach and support more customers in transitioning to sustainable transport solutions. Already, we have made substantial inroads since launching our Mobility division in 2022, in collaboration with ROAM and Ampersand. With over 2 million motorbikes navigating Kenya’s roads, now is the time for us to extend our reach, as we set to positively impact the environment significantly by reducing carbon emissions and saving on fuel costs—an essential keystone of Kenya’s sustainable development.”

By combining the power of digital micropayments with IoT technology, M-KOPA offers customers access to a broad range of productive assets, including electric motorcycles, without collateral or a guarantor. For drivers to access the EV bikes, they will need to join the fleet supported by M-KOPA. The drivers will need to operate exclusively on the Bolt platform and then own the bikes after the lease period.

Mikael Gånge, CCO, ROAM said:

“Our at-home and portable charging options, extensive Roam Hub service network, and dual battery system empower delivery riders to increase efficiency without worrying about battery depletion.  Through this strategic partnership with Bolt, we’re not only promoting sustainability but also cutting operational costs remarkably for Boda riders, making a meaningful impact where it matters most, and creating a better future for all.”

Josh Whale, founder & CEO Ampersand E-Mobility Kenya added:

“We thank Bolt and M-KOPA for their enthusiasm and confidence in our market-leading electric vehicles and energy network.  The collaboration between Bolt, M-KOPA and Ampersand is a significant step forward for the ride-hailing and delivery industry in Kenya. Our partnership with Bolt will lead the industry forward by adopting the most commercially scalable structure for E-Mobility and energy providers that we’ve encountered. This saves more money for more motorcycle riders and more end users, and at the same time drives emobility forward at the pace that Kenya’s economy, environment and the continued habitability of our planet all demand: A more scalable, win-win all round.”

Since 2019, Bolt has been mitigating its environmental impact by investing in projects primarily focused on renewable energy and resource conservation.

In 2021, Bolt introduced a new ride category on its platform dubbed Bolt Green which offers eco-friendly rides as the company moves towards reducing its ecological footprint in Nairobi.

The category has hybrid and electric cars to reduce emissions during trips taken on the Bolt platform, thus, offering greener transport options.

This category expanded Bolt’s ride options, creating more economic opportunities for drivers and providing passengers with more options to choose from.

As part of its launch strategy, Bolt will initially deploy the electric bikes in Nairobi, with plans for expansion in the near future. Through strategic partnerships and collaborations with local stakeholders, the company seeks to create a sustainable and inclusive transportation ecosystem that benefits users and the environment.

Roam and Mogo seek to boost transportation, particularly for motorcycle riders, commonly known as boda boda riders, in Nairobi.

The partnership will enable transition from traditional fuel-based motorcycles to environmentally friendly electric alternatives. With the provision of accessible financing options, the initiative aims to empower boda boda riders, enhancing their daily earnings by up to 30%.

Roam, known as the leading provider of electric motorcycles in Nairobi, is focused on delivering high-quality and affordable electric vehicles to the market.

Through the partnership with Mogo, riders participating in the program will benefit from favourable financing terms, including a deposit of KES 25,000 and daily repayments of KES 682 over 24 months.

The financing package encompasses essential components such as the motorcycle, battery, charger, and safety gear.

Mikael Gånge, co-founder and chief commercial officer of Roam, highlighted Roam’s dedication to providing innovative electric mobility solutions.

He pointed to Mogo as an instrumental partner in accelerating Roam’s mission to make electric motorcycles accessible to all.

Kenya, with approximately 3 million boda boda riders, is at the forefront of the electric mobility growth.

The government, led by President William Ruto, has embarked on a national e-mobility program, targeting the conversion of millions of motorcycles from fuel-based to electric by 2030. This initiative aligns with global efforts to promote sustainable transportation and reduce carbon emissions.

Raul Leitis, the business development project manager at Mogo, noted the far-reaching impact of the partnership with Roam, envisioning electric motorcycles surpassing fuel-based counterparts across the continent.

With Roam’s innovative charging infrastructure and user-friendly products, Leitis believes that the electric motorcycle market will soon outpace traditional petrol-powered vehicles.

The Series A round for Roam was led by Equator Africa, and includes investments from known players like At One Ventures, TES Ventures, and the US government’s DFC.

This investment will facilitate Roam’s expansion in the production of its locally designed and manufactured electric motorcycles and buses. 

The company aims to disrupt the market with innovative, Africa-specific solutions, providing greater flexibility and affordability compared to traditional petrol options.

Roam takes pride in its unique approach, prioritizing local engineering and design. This ensures vehicles like the Roam Air motorcycle and Roam Rapid bus are both cost-effective and also cater to the specific needs and infrastructure of East African countries.

Beyond environmental benefits, the mobility company empowers communities by creating jobs, stimulating skills development, and bringing about flexible ownership options for riders. 

The “Roam Hub” stations are designed to offer a range of comprehensive support services to users. In addition to providing battery-swapping facilities, these stations also offer a host of other services that can make your life easier. 

From tyre inflation to minor repairs and maintenance, the Roam Hub stations are a one-stop shop for all electric vehicle needs. With convenient locations and user-friendly interfaces, these stations are quickly becoming a popular choice for EV owners who are looking for reliable and efficient charging solutions.

The funding fuels Roam’s expansion plans, including scaling up production at its new 10,000 sqm facility, “Roam Park.” Investments will also go towards research, cost efficiencies, and streamlining supply chains. 

The ultimate goal is to transition Africa’s transport sector to affordable and effective electric vehicles, leveraging local resources and infrastructure.

Roam has already mitigated over 120,000 tonnes of carbon emissions, reiterating its focus on sustainable transportation solutions. With this funding, the company targets making an even greater impact, enhancing the African economy. 

With a goal to usher in a new era of sustainable public transit driven by electricity, The Roam Move is more than just a vehicle; it represents Kenya’s capability in green mobility solutions and is a testament to the country’s commitment to eco-friendly transportation. 

Equipped with a 170 kWh battery pack, the electric shuttle offers an impressive travel range of up to 200 kilometers on a single charge. This extended range ensures uninterrupted service throughout the day, meeting the needs of urban commuters. Thanks to its fast plug-in battery charging system, the bus can be fully charged in under two hours, making it highly reliable.

Also operating at affordable costs that are 50% lower than traditional buses, its streamlined construction, coupled with fewer moving parts and reduced maintenance needs, minimizes downtimes, leading to substantial savings, potentially as much as KES 35 per kilometer traveled.

Designed with Kenyan commuters in mind, The Roam Move offers a spacious interior capable of accommodating 51 passengers comfortably. Ergonomic seating, ample aisle space, and a whisper-quiet ride enhance the passenger experience while reducing noise pollution. The bus is also equipped with advanced safety features, including collision avoidance systems and driver assistance technology, ensuring a secure journey for all.

Assembled entirely in Kenya, The Roam Move exemplifies Roam’s mission to support local manufacturing and advancing the nation’s sustainability goals. This eco-friendly vehicle is set to revolutionize public transportation, addressing air quality concerns, reducing reliance on imported fossil fuels, and promoting the use of domestic renewable energy sources.

Dennis Wakaba, Roam’s Country Sales Executive, expressed his enthusiasm, stating, “We are thrilled to introduce ‘The Roam Move,’ Kenya’s very own electric shuttle bus. This achievement aligns perfectly with our vision of fostering sustainable transportation solutions that make a positive impact on our environment and our communities.”

As Africa takes significant steps toward a sustainable and eco-conscious future, The Roam Move represents a remarkable achievement in the continent’s transition to clean and green transportation solutions. Roam’s commitment to sustainability, local manufacturing, and environmental stewardship is sure to inspire similar innovations across the region, shaping the future of mobility in Kenya and beyond.

Under the leadership of Hilda Kabushenga Kragha, The African Talent Company is backed by shareholders Swiss Ringier AG and Australian SEEK Ltd., and the new development facilitates the reduction and ultimate elimination of the talent gap in Africa.

This will be done by addressing supply and demand in the African labour market.

The company will broaden its services, which will now cover the full spectrum of African Talent Management.

By holistically addressing the challenges that exist in Africa’s labour market, The Africa Talent Company is better equipped to meet employers where they are and effectively match them with the best talent.

Recruiters will have access to a more robust catalogue of HR solutions and services that are tailored and designed to be accessible across a wide range of requirements, including digital recruitment solutions, offline recruitment solutions, and manpower outsourcing.

To provide more career development support, The African Talent Company will be investing further in the e-learning space and developing a winning suite of diverse, easy-to-use, self-service online products for upskilling candidates on its platform.

Jobseekers will also benefit from timely access to relevant job listings, visibility to top companies hiring, and career developmental support while employers can access quality candidates in a cost-saving and efficient recruitment process.

Speaking on the launch, ROAM Africa CEO Clemens Weitz commented, “Today, Africa’s labour markets have large inefficiencies, but have the potential to play a great part in the global economy. Addressing this challenge requires deep focus and strong partners. With The African Talent Company, we are excited to unite a strong team with a dedicated commitment to play a part in cracking this challenge. The team will be led by Hilda Kabushenga Kragha, who has an outstanding track record and passion for this purpose. We wish her and the team continued success.”

The African Talent Company Chief Executive Officer, Hilda Kabushenga Kragha added, “The world of work has evolved rapidly in the past two years. Increased digitisation has made remote work, gig work, and BPO become mainstream, further highlighting the great skills divide in Africa and the need to invest in the training of young Africans if we are to effectively participate in this new, globally competitive workforce. Our new mandate will see us move beyond the traditional marketplace and begin to holistically tackle the challenges we see in our labour markets in a hybrid approach that benefits both seekers and employers. As pioneers and leaders in Africa’s labour markets, we are evolving to expand our reach and impact as a brand by moving into this new era as The African Talent Company.”

With more than a combined 4.6 million job seekers and 150,000+ employers on the platform, The African Talent Company will continue to be the home of Jobberman Nigeria, Jobberman Ghana, BrighterMonday Kenya and BrighterMonday Uganda, with expansion into more African countries on the horizon.

The company has a robust profile system that enables easier and more relevant matching with top opportunities across the continent, catering effectively to small and large organisations. In 2021, it secured two-thirds of all paid job listings across its markets, reinforcing the company’s position as the market leader in recruitment on the continent.

With over 1.3 billion in population, for Africa to reap the demographic dividend of its bulging youth population, a concerted effort is needed between the public and private sectors.

The African Talent Company has therefore partnered with global organisations including the German Agency for International Cooperation (GIZ), The Mastercard Foundation, and USAID, providing data-driven insight and nuanced market knowledge.

These partnerships have enabled The African Talent Company to build value-adding knowledge-sharing events and reach low-income communities with low technology penetration, upskilling talents to increase their chances of landing a befitting job.