KCB Foundation partners with UNITAR to launch the first E-Mobility trained riders in Kenya

KCB Foundation in partnership with United Nations Institute for Training and Research (UNITAR) has commissioned the first E-Mobility class of 60 boda-boda riders.

Drawn across Nairobi, the first 60 boda-bodas are recipients of electric bikes following comprehensive training.

The pilot phase is part of its 6-year electric mobility project that will see buyers get 100% financing as well as contribute to local assembly capacity by producing over 100,000 electric bodabodas and creating new green jobs in the sector.

Speaking during a brief ceremony, the Head of KCB Foundation, Caroline Wanjeri Kihara acknowledged the invaluable support from government across all sectors as the company strives to transform Kenya into an e-mobility-driven country.

KCB Group Director Marketing, Corporate Affairs & Citizenship, Rosalind Gichuru also noted that KCB is proud and committed to sustainable agenda and the efforts are geared to change and we are committed to SDGs 5 & 17.

“We are privileged to be a catalyst for growth in the nation and this is possible due to our brand purpose,” she added.

KCB GCEO, Paul Russo noted that the efforts are in line with the bank’s commitment to increase its green lending loan portfolio by working with likeminded partners, adding that the partnership between KCB Foundation and UNITAR Is in line with KCB Group’s commitment to enhance sustainable finance and we have a target to transition 25% of our loan portfolio to green investments by 2025.

“We leverage our products, policies, programs, and actions to deliver social impact in the markets we operate in. As a financial institution, we have a unique opportunity to drive change by supporting initiatives that have a direct impact on the environment,” Group CEO, Paul Russo said.

Present to witness the commissioning of the E-Mobility project was the Ministry of Roads and Transport Cabinet Secretary, Kipchumba Murkomen.

By:  Kanto Okanto