BasiGo gets Sh766m for electric buses assembly

An electric bus belonging to BasiGo.

Photo credit: Pool

BasiGo has received a $5 million (Sh766.7 million) debt facility from a UK investor to ramp up local assembling of electric buses, in what is expected to cement its position as a leader in the clean mobility shift in public transport.

Jonathan Green, co-founder and chief financial officer of BasiGo revealed the capital injection from British International Investment (BII), UK’s development finance institution and impact investor.

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