British International Investment (BII), the UK’s development finance institution, has announced a $5 million investment in ARC Ride, a Nairobi-based electric mobility company. The funding is aimed at accelerating the adoption of electric motorbikes, commonly known as boda bodas, across Kenya and the broader East African region. This strategic investment will enable ARC Ride to deploy 5,000 electric two-wheelers, significantly expanding … Continue reading BII commits $5 million to ARC Ride to accelerate electric mobility in Kenya