While demand for electric motorcycles continues to rise, particularly among delivery companies, access to financing has remained a major barrier, limiting many to cash purchases and making it hard to scale and thrive.
It is on this backdrop that a Kenyan-based electric mobility firm, Roam, has partnered with digital credit provider and microfinance institution, Fortune Credit, to roll out a financing program focused on unlocking access to electric motorcycles for both individuals and businesses.
Habib Lukaya, Roam’s regional sales operations manager, said the partnership is a major milestone that will ensure an initial order of 600 Roam Air Gen 2 motorcycles get new owners.
“By offering a locally made, zero-emission motorcycle with a flexible ownership model, we’re enabling more riders and businesses to switch to electric, save money, and create jobs. This is the future of transport in Kenya—clean, affordable, and built for us,” said Lukaya.
He added that this latest partnership is not just about selling bikes but a surefire way of removing systemic barriers while accelerating Kenya’s shift to clean, cost-efficient mobility.
Lukaya also emphasized the need for more companies to come forward and help break down financial barriers that have prevented underserved communities and entrepreneurs from joining the green transition.
To get the bikes, small business owners and informal sector riders will pay a Sh25,000 deposit, followed by Sh527 daily for 24 months, which grants full ownership of both the motorcycle and the battery. The package also includes motorcycle insurance, Hospicash health cover, and access to the manufacturer’s charging infrastructure, including portable home charging and Roam Hubs.
The motorcycles financed under this program are the newly launched Roam Air Gen 2 models, which feature over 40 rider-informed upgrades, including a stronger 240 kg frame, dual battery range of up to 160 km, improved waterproofing, safer battery locking, and enhanced comfort.
With 36 percent of components now locally manufactured—surpassing Kenya’s Legal Notice 112—the partnership is expected to boost local value chains, create jobs, and strengthen Kenya’s electric mobility ecosystem.
The entry of companies into electric mobility financing reflects growing demand from individuals and businesses aiming to cut fuel expenses, reduce emissions, and benefit from lower operational costs associated with electric motorcycles.
David Ekabouma, Managing Director – Fund Management at GreenMax Capital Group, said it is a good sign that lenders are coming together to enable inclusive lending that accelerates the adoption of clean, productive-use technologies.
“This partnership is a milestone for Kenya’s e-mobility sector and a model for the region. This program demonstrates how blended finance—strategically combining donor capital with commercial execution—can catalyze transformative change in emerging markets. G4A’s support empowers local lenders to meet rising demand for clean technologies while building financial resilience for small-scale entrepreneurs,” Ekabouma said.
