The launch of the Kenya E-Mobility Policy 2026 has been welcomed by asset financier Watu, which described it as an important step in strengthening Kenya’s move towards clean, affordable and scalable electric mobility.
E-Mobility Policy gives clear direction for cleaner transport and electric vehicle growth
The policy gives clear direction on how Kenya can reduce pollution, improve air quality in towns and cities, and create new jobs in the growing electric mobility sector. It is also expected to cut transport costs and reduce the country’s reliance on fuel in the long run.
Speaking at the launch, Watu Kenya Country Manager Erick Massawe lauded the policy as a critical enabler for scaling electric mobility in Kenya and positioning the country as a regional leader in clean transport innovation.
“The Kenya E-Mobility Policy is a game-changer for the industry. It provides the clarity and momentum needed to scale electric vehicle adoption, unlock new value chains, and accelerate the transition to clean energy. For asset financiers like Watu, this policy strengthens our ability to deploy capital at scale, support entrepreneurs, and help build a viable electric mobility ecosystem in Kenya and across our African markets.”
He added that Watu’s approach to e-mobility is anchored in long-term sustainability and inclusive growth.
“At Watu, sustainability is embedded in how we finance, deploy, and scale mobility solutions. By combining responsible financing with strong operational partnerships, we aim to ensure electric mobility is not only environmentally sound, but commercially viable and accessible to the people who rely on it for their livelihoods.”
Watu’s leadership in electric mobility financing is already translating into measurable impact. In 2024, the company financed 2,193 electric vehicles, a 108 per cent increase from 2023, resulting in an estimated avoidance of 5,483 tonnes of CO₂e emissions.
This momentum underscores the growing viability and adoption of electric-powered vehicles, and the critical role of innovative financing in accelerating the transition.
Watu reaffirmed its commitment as Kenya begins implementing the E-Mobility Policy, saying it will work closely with the government, industry partners, and local communities to scale electric mobility solutions that are affordable, reliable, and built for long-term impact.
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