• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Car Insurers Are Charging Single and Divorced People More. Is This Fair? Here’s What to Do Either Way.

December 19, 2025

Why Boring Bond ETFs Are the Surprise Portfolio Winner for 2026

December 19, 2025

Why Rejection is Critical to Your Personal Success

December 19, 2025
Facebook Twitter Instagram
Trending
  • Car Insurers Are Charging Single and Divorced People More. Is This Fair? Here’s What to Do Either Way.
  • Why Boring Bond ETFs Are the Surprise Portfolio Winner for 2026
  • Why Rejection is Critical to Your Personal Success
  • A Pre-IPO Opportunity is Brewing in the $100B U.S. Coffee Industry
  • Data Loss Can Derail Your Company. These Tips Will Save You.
  • Why Your Current Marketing Strategy Won’t Hold Up in 2026
  • 10 Car Brands With the Highest Repair Costs in the Long Run — and the 3 Cheapest
  • Marrying for Money Works: 6 Ways Marriage Builds Wealth
Friday, December 19
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Uber rolls out electric bike fleet in Kenya, its first in Africa
Investing

Uber rolls out electric bike fleet in Kenya, its first in Africa

News RoomBy News RoomSeptember 1, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez

By Duncan Miriri

NAIROBI (Reuters) – Ride-hailing firm Uber (NYSE:) on Thursday launched an electric motorbike service in Kenya, its first in Africa, as the company seeks to make its global platform emissions free by 2040.

The rollout in Kenya will be followed by a “potential announcement” this year for the rest of its markets in the region, said Kagiso Khaole, Uber’s general manager for sub-Saharan Africa.

Uber’s other markets in sub-Saharan Africa are Nigeria, Ivory Coast, Ghana, Uganda, Tanzania and South Africa.

Uber’s new green product in Kenya, dubbed Electric Boda in a nod to the Swahili term for motorbike taxis, will comprise 3,000 bikes within six months, or just under a fifth of its fleet.

Drivers will see a 30-35% drop in their operating costs, and users of the platform will pay 15-20% less than they do for a regular Uber motorbike trip, the company said.

“You will experience lower vibrations, less sound,” Khaole said.

In Kenya, which generates more than 90% of its power from renewable sources and has been positioning itself as a hub to lead Africa’s shift to green transport, Uber previously carried out small pilots for electric bikes with external partners.

The growth of the electric vehicles market in Africa has been slowed by a lack of adequate electric charging infrastructure and associated equipment.

Sensing an opportunity, local firms have been setting up battery-swapping stations in major cities like Nairobi to save drivers time.

Kenya’s President William Ruto said last month that he wanted to see the number of electric motorbikes on the road increase from the current 2,000 to more than 200,000 by the end of 2024.

Motorbike transport is a big employer in Kenya, absorbing millions of people who are unable to secure formal jobs.

(This story has been corrected to say that ‘an announcement will be made’ for the other markets in paragraph 2)

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Car Insurers Are Charging Single and Divorced People More. Is This Fair? Here’s What to Do Either Way.

Burrow December 19, 2025

Why Boring Bond ETFs Are the Surprise Portfolio Winner for 2026

Make Money December 19, 2025

Why Rejection is Critical to Your Personal Success

Make Money December 19, 2025

A Pre-IPO Opportunity is Brewing in the $100B U.S. Coffee Industry

Investing December 19, 2025

Data Loss Can Derail Your Company. These Tips Will Save You.

Make Money December 19, 2025

Why Your Current Marketing Strategy Won’t Hold Up in 2026

Make Money December 18, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Why Boring Bond ETFs Are the Surprise Portfolio Winner for 2026

December 19, 20250 Views

Why Rejection is Critical to Your Personal Success

December 19, 20250 Views

A Pre-IPO Opportunity is Brewing in the $100B U.S. Coffee Industry

December 19, 20250 Views

Data Loss Can Derail Your Company. These Tips Will Save You.

December 19, 20250 Views
Don't Miss

Why Your Current Marketing Strategy Won’t Hold Up in 2026

By News RoomDecember 18, 2025

Entrepreneur Key Takeaways Digital marketing is shifting from keywords to intent. People now discover brands…

10 Car Brands With the Highest Repair Costs in the Long Run — and the 3 Cheapest

December 18, 2025

Marrying for Money Works: 6 Ways Marriage Builds Wealth

December 18, 2025

Pain Power

December 18, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Car Insurers Are Charging Single and Divorced People More. Is This Fair? Here’s What to Do Either Way.

December 19, 2025

Why Boring Bond ETFs Are the Surprise Portfolio Winner for 2026

December 19, 2025

Why Rejection is Critical to Your Personal Success

December 19, 2025
Most Popular

Do These 11 Things and You’ll Be Debt-Free in 3 Years

November 26, 20252 Views

What Transitioning From Founder to CEO Taught Me About Leadership at Any Scale

December 17, 20251 Views

Compass Claims Zillow Has ‘Monopoly,’ Sues Over ‘Ban’

June 23, 20251 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.