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Originally published by Capital Business
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business
May 8, 2026
6h ago

Teketeke seeks Sh1bn to scale Kenya’s rural e-mobility push

Teketeke seeks Sh1bn to scale Kenya’s rural e-mobility push

The company says the funding will help accelerate adoption of electric motorcycles and three-wheelers, particularly in underserved rural areas where access to fuel stations remains limited. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenyan electric mobility firm Teketeke is seeking at least Sh1 billion in investment to expand its solar-powered charging network and promote electric motorcycles and three-wheelers, particularly in rural areas.

  • The company aims to raise Sh1 billion for expansion.
  • Key player: Teketeke, an electric mobility firm.
  • Mobility solutions target underserved rural areas and sectors like dairy farming and waste collection.

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Glovo to Invest Sh10bn in Kenya by 2030 - May 2026

Glovo has pledged to invest Sh10 billion in Kenya by 2030, signaling a significant expansion of its delivery services in the country. Kenyan electric mobility firm Teketeke is seeking at least Sh1 billion in investment to expand its solar-powered charging network and promote electric motorcycles and three-wheelers, particularly in rural areas. Old Mutual Kenya has launched a nationwide financial wellness campaign to assist small businesses and households in navigating persistent financial pressures. Additionally, Mastercard and Yellow Card are partnering to introduce stablecoin-based payment solutions across Eastern Europe, the Middle East, and Africa, including Kenya.

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