Through the initiative, the bank is providing asset financing and insurance premium financing to enable matatu Saccos and operators to replace conventional vehicles with electric alternatives.
KCB Bank Kenya, the Matatu Owners Association (MOA) and electric mobility company ePureMotion have launched a public service vehicle (PSV) electric vehicle (EV) charging station in Nairobi’s Buruburu Estate, marking a significant step from policy commitments to the practical rollout of electric public transport infrastructure.
The charging station is the latest milestone in a partnership announced in 2024, under which KCB committed to financing the modernisation of Kenya’s public transport sector. Through the initiative, the bank is providing asset financing and insurance premium financing to enable matatu Saccos and operators to replace conventional vehicles with electric alternatives.
The partners said the initiative extends beyond financing by combining infrastructure, technology and industry collaboration to accelerate the adoption of electric mobility in the country’s public transport sector.
Under the programme, matatu operators will have access to EV charging infrastructure, vehicle maintenance support, technical training and digital tools designed to improve fleet efficiency, reduce operating costs and promote a cleaner, more sustainable transport ecosystem.
The Buruburu charging station will also serve as a demonstration and learning hub for electric public service vehicle operations. In addition to providing charging services, the facility will support daily vehicle readiness checks, service scheduling and operator training as the partners prepare to replicate the model in other parts of Kenya.
The initiative underscores growing collaboration between the financial services, transport and clean energy sectors as Kenya accelerates the transition towards electric mobility and sustainable public transportation.
