Kenyan electric mobility startup ARC Ride has raised $33.3 million through a combination of asset-backed debt and equity, according to TechCabal. The company plans to use the funding to expand its battery-swapping network and electric motorcycle fleet beyond Kenya into other African markets. The raise reflects continued investor interest in electric two-wheeler transport solutions across the continent, where battery swapping is seen as a way to address charging infrastructure gaps.

M-KOPA has financed more than 10,000 electric motorcycles in Kenya, securing a sizeable position in the country's electric mobility market and extending financing to electric tuk-tuks, according to TechTrends KE. The outlet reports the milestone matters because M-KOPA's model ties the purchase of a commercial vehicle to the daily cash flow of the person using it, reshaping the economics of boda boda transport.

Sun King, a company known primarily for its solar energy products, is expanding its business in Kenya by entering the smartphone market more aggressively with the launch of a new device line called the EZ 3 series. According to CIO Africa, the company is betting that affordable smartphones will help it grow beyond its core solar offerings. The move signals a diversification strategy targeting price-sensitive consumers in the Kenyan market, where demand for low-cost smartphones remains strong.

Ride-hailing platform Bolt is marking 10 years of operations in Kenya, during which it says it has invested more than KSh19 billion in the local market. According to The Kenya Times, the company has connected over 8 million riders and created income opportunities for more than 170,000 drivers and couriers. Bolt stated that Kenya was not a market it entered lightly, highlighting the country's importance to its regional operations after a decade of activity.

Kenya is stepping up efforts to promote circular innovation in the clean energy sector as it seeks to address the growing challenge of electronic and renewable energy waste, according to the Kenya News Agency. Principal Secretary for Environment and Climate Change, Dr. Eng. Festus Ng'eno, said Africa's transition to clean energy must go beyond the installation and deployment of renewable technologies. The initiative aims to ensure that technological waste from the sector is managed sustainably as adoption expands.

Kenya Power has invested Ksh 765 million in two new electricity substations aimed at improving the quality and reliability of power supply in Kwale and Kilifi counties. According to the utility firm, the Bomani 132/33kV substation in Kilifi County, which is nearing completion, is being constructed at a cost of Ksh 455 million and will serve customers in the coastal region once operational.