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Asset Financier Watu Welcomes Kenya E-Mobility Policy Launch
A Clear Signal for Clean Transport
Watu has welcomed the launch of the Kenya E-Mobility Policy 2026, terming it a timely boost for the country’s shift to clean and affordable transport.
The policy sets a clear direction for reducing emissions, improving air quality, and expanding opportunities across the e-mobility value chain. Importantly, it also supports lower transport costs and stronger energy resilience as Kenya moves away from fossil fuels.
Speaking at the launch, Watu Kenya Country Manager Erick Massawe described the policy as a turning point for the sector. He said it provides clarity and momentum for electric vehicle adoption while positioning Kenya as a regional leader in clean transport innovation.
“The Kenya E-Mobility Policy is a game-changer for the industry,” Massawe said. “It creates the confidence needed to scale electric mobility, unlock new value chains, and accelerate the clean energy transition. As asset financiers, it also strengthens our ability to deploy capital, support entrepreneurs, and build a viable ecosystem.”
Asset Financier Watu Welcomes Kenya E-Mobility Policy Launch
Financing That Enables Scale
Beyond policy support, Massawe noted that Watu’s e-mobility strategy focuses on sustainability and inclusive growth. According to him, responsible financing and strong partnerships remain central to making electric mobility accessible and commercially viable.
“At Watu, sustainability guides how we finance and scale mobility solutions,” he said. “Through this approach, we aim to support livelihoods while advancing environmental goals.”
This strategy is already delivering results. In 2024, Watu financed 2,193 electric vehicles, representing a 108 per cent increase from 2023. As a result, an estimated 5,483 tonnes of CO₂e emissions were avoided. Consequently, the figures highlight both rising adoption and the role of innovative financing in driving change.
Looking Ahead
As implementation of the policy begins, Watu has reaffirmed its commitment to collaboration. The company will work closely with government, industry players, and communities.
Ultimately, the goal is to scale electric mobility solutions that are affordable, reliable, and built for long-term impact.
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