BasiGo Gets Funding From Proparco To Scale EV Deployment Across Africa

Key Takeaways

BasiGo’s new financing comes at a time when African governments and development partners are prioritising cleaner urban transport as cities face congestion, rising fuel costs and air-quality pressures. Electric buses are gaining traction as operators seek predictable energy costs and reduced maintenance compared to diesel fleets. Kenya and Rwanda have emerged as early adopters due to supportive regulatory environments and public-transport demand. The company’s pay-as-you-go battery and charging model addresses one of the biggest barriers to electric bus adoption: high upfront capital costs. By shifting energy and battery expenses into operational payments, BasiGo makes electrification accessible to privately owned bus operators that dominate transport systems in the region. Development finance institutions, including Proparco, see electric mobility as a pathway to lower emissions and new industrial opportunities through local assembly. If scaled, BasiGo’s model could influence electrification strategies in larger African cities such as Lagos, Dar es Salaam and Addis Ababa.