{"id":115171,"date":"2026-05-08T20:06:42","date_gmt":"2026-05-08T17:06:42","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=115171"},"modified":"2026-05-08T20:06:42","modified_gmt":"2026-05-08T17:06:42","slug":"teketeke-seeks-sh1bn-to-scale-kenyas-rural-e-mobility-push","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2026\/05\/teketeke-seeks-sh1bn-to-scale-kenyas-rural-e-mobility-push\/","title":{"rendered":"Teketeke seeks Sh1bn to scale Kenya\u2019s rural e-mobility push"},"content":{"rendered":"<p class=\"p2\"><strong><span class=\"s1\">NAIROBI, Kenya, May 8 \u2013 Kenyan electric mobility firm Teketeke is seeking at least Sh1 billion in fresh investment to expand solar-powered charging infrastructure across the country as it positions itself for partnerships at the upcoming Africa Forward Summit 2026.<\/span><\/strong><\/p>\n<p class=\"p2\"><span class=\"s1\">The company says the funding will help accelerate adoption of electric motorcycles and three-wheelers, particularly in underserved rural areas where access to fuel stations remains limited.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Speaking during a media briefing at the company\u2019s headquarters along Mombasa Road, Lunghou Teketeke Managing Director Richard Chesebe said the firm is betting on locally assembled and solar-integrated mobility solutions to bridge Kenya\u2019s transport and clean energy gap.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cWe realized there has been a huge gap between fossil fuel use and electric mobility because nobody came up with a solution for the last mile,\u201d Chesebe said.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cSo we decided to localize the solution by solarizing our charging systems, manufacturing batteries locally and ensuring riders can charge from ordinary household electricity lines.\u201d<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The remarks come ahead of the Africa Forward Summit scheduled for May 11-12 in Nairobi, where African and French leaders, investors and business executives are expected to discuss investments in infrastructure, green industrialization, artificial intelligence and energy transition. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The summit, co-hosted by Kenya and France, is expected to focus heavily on bankable projects in clean energy, digital innovation and sustainable infrastructure, sectors that Kenyan startups and manufacturers are increasingly targeting for foreign capital inflows.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Chesebe said Teketeke plans to leverage the summit to attract strategic partnerships, particularly from French investors interested in green transport infrastructure and financing solutions for Kenya\u2019s boda boda sector.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Kenya currently has about two million boda boda riders, but only a small fraction have adopted electric motorcycles, according to industry estimates cited by the company.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Teketeke says it is attempting to close that gap by providing motorcycles bundled with charging cables and solar-powered charging options that can operate using standard household electricity.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The company has also rolled out electric three-wheelers targeting dairy farmers, waste collectors and small-scale traders in counties including Bungoma, Trans Nzoia and Narok, where pilot projects have reportedly recorded strong uptake.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Chesebe said the firm is working with local manufacturers to produce charging cabinets and battery systems domestically in a bid to reduce reliance on imports while creating jobs.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">According to the company, its assembly plant currently employs about 450 Kenyans directly and indirectly across manufacturing, supply chain, sales and distribution.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The company estimates its electric motorcycles can travel up to 150 kilometers on a single charge, while electric three-wheelers can cover up to 250 kilometers, with charging times averaging under three hours.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Chesebe also called for supportive regulations to accelerate conversion of fossil fuel motorcycles into electric units, saying policy bottlenecks continue to slow sector growth.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The Africa Forward Summit is expected to bring together more than 1,500 business leaders and over 30 heads of state in Nairobi, with discussions centered on financing Africa\u2019s green transition, industrialization and digital economy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company says the funding will help accelerate adoption of electric motorcycles and three-wheelers, particularly in underserved rural areas where access to fuel stations remains limited.<\/p>\n","protected":false},"author":14438,"featured_media":115172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[28019,9119,156,11126,9452,28018],"coauthors":[9476],"class_list":["post-115171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-e-mobility-push","tag-kenyas","tag-rural","tag-scale","tag-seeks","tag-teketeke"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Teketeke seeks Sh1bn to scale Kenya\u2019s rural e-mobility push - Capital Business<\/title>\n<meta name=\"description\" content=\"The company says the funding will help accelerate adoption of electric motorcycles and three-wheelers, particularly in underserved rural areas where access to 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