Fintech M-KOPA to help supply electric motorcycles across Africa

Fintech M-KOPA has signed a deal with Kenyan company Roam to supply electric motorcycles across Africa.

M-KOPA, which provides credit and digital financial services to underbanked consumers across Africa, will make possible affordable payment plans, lowering the barrier of entry for many customers.

Mikael Gånge, co-founder and chief commercial officer of Roam, said: “‍We believe the motorcycle taxi industry is one of the most impactful areas to start, given the growing market size and importance for low income earners not only in Africa but globally. Our partnership with M-KOPA will drive us both towards our shared vision of cleaner mobility.¨