Pipeline ID: INDIGO-PL-0122
Longevity Development are looking to design and launch an OBF initially in Kenya that will then act as a catalyst to unlock billions of dollars of commercial infrastructure finance for the development of the urgently required charging infrastructure for the 2-wheeler motorbike sector, across the continent.
Unlike the 4-wheeler sector, the 2-wheeler market is well placed for rapid migration from combustion powered bikes to e-motorbikes. The prevalent buying behaviour (new purchases rather than second-hand, and vehicle lifespan of 2-5 years), means there is the potential to migrate the existing 12 million+ motorbikes, (forecast to double by 2030), to electric very quickly.
This will dramatically cut carbon emissions, significantly improving air quality, and the incomes and livelihoods of the millions of bike taxi riders who make up the vast majority of users on the continent.
Data for this pipeline project was last updated in August 2023
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