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NCBA and BasiGo Launch Asset Finance for 1,000 Electric Buses in Kenya

Unverified — auto-generated summary, not yet reviewedEnergy & CleantechKenyaAug 27, 2026

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.

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NCBA and BasiGo put financing behind Kenya’s electric public transport expansion · techtrendske.co.ke · T2

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, 2026
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, 2026This story
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.