Kenyan Electric Mobility Company Roam Launches Crowdfunding Campaign on Crowdcube - CleanTechnica

Kenya’s electric motorcycle market has rapidly grown from virtually zero to a 7% share between 2021 and 2024, driven by increasing demand from motorcycle taxi (boda boda) operators who appreciate the lower total cost of ownership and practicality of electric motorcycles. To meet this rising demand, production scale-up is essential. Roam, a leading Kenyan electric mobility company, is at the forefront of this growth and has launched a crowdfunding campaign on Crowdcube, Europe’s largest crowdfunding platform, to raise capital for expanding production of its flagship Roam Air motorcycle and its solar-powered charging network. This campaign uniquely invites private investors worldwide to participate on the same terms as institutional investors, emphasizing community inclusion. Roam operates a manufacturing facility in Nairobi, Roam Park, with an annual capacity exceeding 50,000 motorcycles, and benefits from Kenya’s 80% renewable energy grid. The company’s growth has been supported by partnerships with fintech firms like M-KOPA, enabling pay-as-you-go micro