steven maseka 
Mogo, a leading financial service provider, has partnered with Spiro, a leading firm specializing in sustainable urban mobility solutions, to educate bodaboda operators nationwide on the economic and environmental benefits of electric motorcycles.
As part of this collaboration, Mogo will facilitate the financing of electric bikes available at its branches and Spiro’s showrooms.
Mr Rauls Leitis, Business Development Project Manager at Mogo, said that the company has already received a batch of e-bikes at its shops in Mombasa County. Prospective customers can visit Mogo’s branches select their preferred electronic two-wheelers, and drive them out on the same day.
The two firms will also collaborate on marketing initiatives and events to raise awareness about electric bikes, emphasizing their economic and environmental benefits.
“We are thrilled to partner with Spiro, who are at the forefront of Africa’s EV revolution. By combining MOGO’s affordable financing options with Spiro, we are making it easier than ever for Kenyans to access and embrace a greener and more cost-effective way to get around. This collaboration is a testament to MOGO’s unwavering commitment to not only empower individuals but also significantly reduce carbon emissions,” said Mr. Leitis.
Mr. Kaushik Burman, Co-CEO of Spiro, said: “This partnership represents a significant step in Spiro’s journey. As we join forces with Mogo, we are setting a new precedent in sustainable transportation across Africa. Our collaboration is more than just a business venture; it’s a shared commitment to a greener, more sustainable future.We look forward to a fruitful partnership with Mogo and the profound impact it will have in the region.”
This strategic partnership aims to meet the rising demand for eco-friendly transportation options, contributing to the broader effort for a cleaner environment and reduced greenhouse gas emissions. It also signifies Spiro’s strategic shift towards becoming an asset-light, energy-as-a-service company. Leveraging brand-agnostic software, Spiro intends to enhance the entire EV ecosystem in Africa, focusing on partnerships with other businesses for fleet management and energy provision.
The United Nations Environment estimates that the global transition to electric motorcycles could prevent 11 billion tons of carbon dioxide emissions by 2050, saving motorcycle owners a combined Sh5 trillion (USD 350 billion) due to the lower fuel and maintenance costs of e-bikes.
In its updated Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC), Kenya has increased its carbon emission reduction ambitions from 30 percent to 32 percent by 2030.
Kenya’sNational Climate Change Action Plan (NCCAP)estimates that the transportation sector alone will contribute five percent towards Kenya’s total carbon emission reduction goal by 2030, emphasizing the pivotal role of initiatives like Mogo and Spiro’s partnership in achieving these targets.
