Roam, an electric mobility company, has joined forces with Mogo, an East African asset financier, to promote the adoption of electric motorcycles in Africa. This collaboration aims to empower boda boda riders by offering financing packages that boost their daily earnings by up to 30 percent. Through this strategic partnership, Roam plans to expedite the expansion of electric motorcycles into a broader market, leveraging Mogo’s expertise in asset financing.
Mikael Gånge, Co-Founder and Chief Commercial Officer of Roam, expressed excitement about the partnership, highlighting its significance amidst rising petrol prices. By utilizing Mogo’s asset financing capabilities, Roam can provide flexible financing options, ensuring cost savings for customers from day one. The electric motorcycles offered by Roam are tailored for various use cases, including personal commuting, cargo transportation, ride sharing, and taxi services. With Mogo’s support, Roam aims to accelerate the deployment of these eco-friendly vehicles, fostering positive environmental and socio-economic impacts in communities across Kenya. Rauls Leitis, Business Development Project Manager at Mogo, believes that the electric motorcycle market will surpass the petrol market, driven by Roam’s innovative products and charging solutions.
