Ebikes Africa
Organization Details
Ebikes Africa is a Kenyan electric bicycle company that is enabling people & businesses to move sustainably using electric bicycles, embedded financing, and AI automation. We sell e-bicycles and offer last-mile delivery that utilizes GPS, AI & messaging platforms like Whatsapp to digitize & automate delivery management for businesses while offering insurance, savings, visibility, controls and scale. Ebikes Africa offers riders an assured wage, paid through formal financial institutions improving their access to financial services and affordable credit. We also save part of their earnings for them so they own their e-bicycles in 11 months, at 0% interest.
Impact Story
Vehicle ownership is out of reach for an entire continent. 96% of Africans don't own vehicles, yet most cities are congested with commute times 60% higher than the global average. Most people lack access to affordable ‘formal’ finance presenting the biggest barrier to vehicle ownership. Expensive interest rates have led to growing defaults creating a vicious cycle that limits peoples’ access to opportunities. Logistics costs here are also among the highest in the world, accounting for up to 40% of the value of traded goods, as last-mile is fragmented, informal and unprofessional. Considering that by 2030 half of Africa’s population will live in urban areas with 70% of them being under 35 years old and the e-commerce industry doubling every 3 years we see an immense opportunity for electric bicycles to create impact at scale.
At Ebikes Africa we understand the deep connection between mobility and opportunities and our work reflects a desire to drive lasting, equitable, economic and social change through mobility. By giving people & businesses access to affordable, tech-enabled, sustainable transportation, we empower individuals, especially in underserved communities, to break free from cycles of poverty, access jobs, education, and build a better future for themselves and their communities.
