FMO commits $30M to M‑KOPA Kenya Mobility for electric motorbike financing

Dutch development bank FMO has committed $30 million in senior debt to M‑KOPA Kenya Mobility, the electric motorbike financing arm of African fintech group M‑KOPA . The facility, still being finalized, is intended to accelerate Kenya’s transition from petrol‑powered motorcycles to cleaner electric alternatives. Structure of the Facility The debt package is split into three tranches: $22.5 million in loans provided directly by FMO.