Update 2 of 3

NCBA and BasiGo Seal Financing for 1,000 Electric Buses in Kenya

Unverified — auto-generated summary, not yet reviewedEnergy & CleantechKenyaAug 28, 2026

NCBA Bank and electric bus operator BasiGo have sealed an asset finance agreement targeting 1,000 electric vehicles, described as the largest EV fleet-finance deal yet in Kenya's public transport sector. The facility is designed to overcome the capital access barrier that has constrained the rollout of electric buses in the country.

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Kenya’s EV push gets boost as NCBA, BasiGo seal financing deal for 1,000 vehicles · techcabal.com · T1

Story timeline · 3 entries

Aug 29, 2026
Kenya's Biggest EV Finance Deal
Deal confirmed and framed as Kenya's largest local-bank EV commitment, with NCBA financing 1,000 BasiGo electric buses
Aug 28, 2026This story
Kenya's Biggest EV Fleet Finance
Deal confirmed with 1,000-vehicle target made explicit, cementing this as Kenya's largest EV fleet-finance transaction to date.
Aug 27, 2026
Kenya EV Bus Finance Deal
NCBA Bank and electric bus operator BasiGo have agreed an asset finance facility targeting 1,000 electric vehicles, directly addressing the capital access barrier that has constrained Kenya's electric public transport expansion. The partnership is aimed at scaling up the country's e-bus fleet by providing structured financing to operators who would otherwise be unable to fund vehicle acquisition.