NCBA and BasiGo Seal 1,000-EV Financing Deal in Kenya

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 commitment by a local Kenyan bank to date. The facility is designed to overcome the capital access barrier that has constrained Kenya's electric public transport expansion and is being cited as a blueprint for green mobility funding.