Kenya’s electric bus startup BasiGo secures $3 million in funding round.
- Kenyan startup BasiGo has secured a $3 million equity investment from CFAO Group to bolster its production expansion in Rwanda and Kenya.
- BasiGo’s modern electric buses include maintenance and charging services for bus operators.
- Jit Bhattacharya, CEO of BasiGo and co-founder, stated, “CFAO acknowledges the immense potential of electric mobility to revolutionize African economies.”
The investment from CFAO Group is a significant boost for BasiGo, allowing them to expand their production and make electric buses more accessible in Africa. The CEO's statement about the potential of electric mobility shows the company's vision for revolutionizing African economies. This investment marks a positive step towards a sustainable green energy value chain in the region.
