Watu Financed 2,000 EVs and 1.4M Smartphones in 2024

Watu’s 2024 Sustainability Report shows progress in financing 2,000 EVs, 1.4M smartphones, and 80,000 mobility assets..

✨ Key Highlights

Watu has released its 2024 Sustainability Report, showcasing significant progress in financial inclusion, clean mobility, and gender equity across Africa. The report details key achievements and commitments under its Environmental, Social, and Governance (ESG) initiatives.

Watu financed over 2,000 electric vehicles and 1.4 million smartphones in 2024, impacting over 8 million people.
Andris Kaneps, CEO of Watu, emphasized that sustainability is central to the company's responsible impact.
Women now comprise 38% of Watu's customers and hold at least one in three management positions, with female employment surpassing the 43% target across all markets.
Over 20,000 riders and staff received road safety training in Kenya, Uganda, and Tanzania.
Watu secured Bronze-level Client Protection Certification from MicroFinanza Rating (MFR) in Kenya, Uganda, and Tanzania, adopting global standards for responsible financing.

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