Kenyan Roam Secures $24M to Advance African EV Production
- Roam secures $24 million in funding to expand operations across Africa.
- Equator Africa leads a $14 million Series A equity round for Roam.
- Roam receives a $10 million debt commitment from the US Government's DFC.
The funding secured by Roam is a significant milestone for the Kenyan electric mobility startup. With the support of Equator Africa and the US Government's DFC, Roam can accelerate its expansion plans and contribute to the adoption of sustainable transportation solutions in Africa. The company's commitment to reducing carbon emissions and offering affordable electric vehicles demonstrates its dedication to creating a greener future.
