The Tony Elumelu Foundation (TEF) and UBA Kenya hosted the “Entrepreneurship Ecosystem Mixer” in Nairobi, bringing together entrepreneurs and mentors to strengthen local business networks.

• TEF has supported over 1,200 entrepreneurs in Kenya with funding and mentorship.
• Somachi Chris-Asoluka, CEO of TEF, highlighted the foundation's goal of using entrepreneurship for economic transformation across Africa.
• Since 2015, TEF has disbursed over USD $100 million in seed capital, helping to create more than 1.5 million jobs in Africa.

Kenya is witnessing a significant shift towards electric vehicle (EV) adoption, particularly through the assembly of electric motorcycles, known as boda bodas, at the Roam plant in Nairobi.

• Over 300 workers are assembling up to 20 electric motorcycles daily, with 30-35% of components sourced from China.
• Habib Lukaya, a manager at Roam, emphasized the importance of international collaboration for local assembly.
• Electric motorcycles provide an affordable alternative, enabling riders like Joel Amboka to save significantly on fuel costs, spending just $0.6 on electricity versus $5 on petrol.