• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Transport

ROAM Air Signs MoU Deal With M-KOPA to Leverage Electric Motorcycle Adoption in Kenya.

ROAM is keen on deploying a large scale of EMs by next year.

Paul Balo by Paul Balo
August 17, 2022
in Transport
Share on FacebookShare on Twitter

ROAM announces the price tag and the availability of its subdivision ROAM Air electric motorcycle which is equivalent to KES 180,000 per its homegrown money market valuation. ROAM Air revealed that the Kenyan population and customers in its existing market will access its EM product at an affordable price. The purchase offers ROAM Air tag its EMs also come with an installment payment plan that allows customers to purchase the ROAM Air EMs per preferred payment plan.

ROAM’s announcement revealed its subsidiary EV company signed a Memorandum of Understanding (MoU) with M-KOPA to grant credit facilities to potential customers – both M-KOPA and ROAM Air are homegrown Kenyan technology companies. M-KOPA credit infrastructure is signed to push ROAM Air’s EMs to gain the limelight across the African transportation ecosystem. The MoU between the Kenyan fintech and the electric motorcycle manufacturer is intended to leverage technology adoption in their host country likewise scheming expansion penetration across Africa.

The M-KOPA and ROAM Air’s MoU will drive both financial and technology inclusion in its homegrown economy and continue across the continent.

ROAM’s Co-Founder and Chief Commercial Officer, Mikael Gånge statement started by reminiscing about the completion of its EM project that was supposed to have been accomplished during the Opibus Tenure as the brand moniker. Gånge also referenced that the MoU with M-KOPA was ideal to endorse local adoption of ROAM Air’s EM before expanding across Africa. ROAM’s co-founder also noted the sole objective to rival the use of fossil fuels with renewable which is an ideal innovative scheme by the Kenyans.

“We want to provide a compelling environmental and economic solution for markets that haven’t been part of the electric vehicle transition yet.” Mikael Gånge said that he “believes 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,”

Both ROAM and M-KOPA are keen on being significant technology service providers in Africa – a spot that could have been filled by foreign investors, yet Africans thrive. M-KOPA’s managing director David Damberger also revealed his company’s intent to eradicate the barriers in Africa that hinder fintech inclusion, including both fintech as a service and financial inclusion itself. While ROAM Air intends to innovate the transportation system M-KOPA is keen on serving the unbanked and the underbanked population of Africa.

“This rollout will have a transformative effect on the daily incomes of businesspeople and reduce the environmental footprint of commerce, as it continues to grow in rapidly developing markets,” Damberger said.

Digital inclusion in Africa has heightened since the pandemic era. Still, more innovative business deals never seize to end in Africa and beyond the continent. ROAM’s EV product pioneers the application of IoT as a service in Africa and some countries like Nigeria, Kenya, and their respective regulatory systems have consented to draft suitable policies for IoT application in the money market.

Related Posts:

  • 1720771310391
    Spiro's Governmental Endorsement Will Deploy 140,000…
  • LP_02572-min
    Chargel’s Seed Round Raised $2.5 Million Deal, Led…
  • images-2023-06-26T110722.668
    Kigali Is Landmarked Flutterwave’s Proprietary…
  • google-photos-recent-memory
    Nigeria’s AutoChek Makes A New Acquisition In…
  • google_search_mobile_app_new_word_notification_feature_blog_1634889415251
    MTN Partners With TECNO To Thrill Nigerians With The…
  • 2022_06_13_15_47_38_GATES01_official_trailer_of_omnidirectional_treadmill_with_Half_Life_Alyx_You-850×471
    StepVR Releases The World's First Metaverse Gate
  • Verve-card-e1690465038812
    Google & Verve Collaboration Will Leverage Naira…
  • The $1.9M Pre-Seed Equity Bankrolls Fixit45’s “…advancement towards expansion objectives” — Pankaj Bohhra. 
    The $1.9M Pre-Seed Equity Bankrolls Fixit45’s…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: electric motocycleEVkenyaROAMROAM Air
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Truecaller Filters Verified Business Messages May 12, 2025
    • ChatGPT Deep Research Now Links to GitHub Repos May 12, 2025
    • Microsoft Offers Guide to Fix Windows Blue Screen Errors May 12, 2025
    • We’ve Invested $10b in Nigeria so Far – MTN May 12, 2025
    • Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3 May 11, 2025
    • Google’s Antitrust Showdown, AI vs. Search, and other Headlines May 11, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Popular Tags

    africa (135) AI (498) android (367) app (717) Apple (577) artificial intelligence (419) business (482) china (132) cryptocurrency (210) ecommerce (122) enterprise (287) facebook (507) fintech (244) funding (121) gadget (558) gaming (201) google (710) government (469) instagram (173) internet (467) ios (291) iphone (246) meta (116) microsoft (369) mobile (352) new feature (384) nigeria (440) privacy (158) research (140) samsung (185) security (421) smartphone (277) social media (836) software (509) startup (419) streaming (174) telecom (242) tips (372) twitter (289) united states (216) users (158) videos (127) website (173) whatsapp (201) youtube (138)

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    About Us

    TechBooky

    TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

    Recent News

    Truecaller Filters Verified Business Messages

    Truecaller Filters Verified Business Messages

    May 12, 2025
    ChatGPT Deep Research Now Links to GitHub Repos

    ChatGPT Deep Research Now Links to GitHub Repos

    May 12, 2025
    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    May 12, 2025
    The NCC Commissioned MTNN To Lease Spectrums From NTEL And Renew Its 3G Spectrum

    We’ve Invested $10b in Nigeria so Far – MTN

    May 12, 2025
    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 1

    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3

    May 11, 2025
    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    May 11, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok