ROAM – Logistafrica.com

Roam Secures US$24M in Funding to Accelerate Electric Mobility Solutions in Africa

February 14, 2024February 17, 2024 logistafrica

● Roam secures US$14M in Series A equity funding led by Equator Africa, with notable contributions from At One Ventures, TES Ventures, and others, alongside an additional US$10M debt commitment from the US Government’s International Development Finance Corporation (DFC). ● This funding will enable Roam to expand its production of locally designed and manufactured electric motorcycles and buses, fueling its mission to revolutionize African transportation with innovative products specifically designed for consumers across the continent. Nairobi, Kenya — Kenyan-based electric mobility pioneer, Roam, is accelerating its mission to revolutionise transportation…

PRESIDENT OF KENYA, WILLIAM RUTO INAUGURATES ROAM PARK: EAST AFRICA’S LARGEST ELECTRIC MOTORCYCLE ASSEMBLY PLANT

July 28, 2023July 28, 2023 logistafrica

Roam celebrated a significant milestone earlier on tuesday 25th july, as the President of Kenya, His Excellency William Ruto, officially inaugurated Roam’s state-of-the-art electric motorcycle assembly plant, Roam Park. ‍During the inauguration, the President, accompanied by key government officials, explored the expansive facility, marvelling at the local production focus that the assembly line employed, the battery labs, and the company’s commitment to worker safety. Roam Park’s inauguration by His Excellency William Ruto represents a significant milestone not only for the company but also for the nation as a whole. It…