Watu

Leading the transition to clean mobility while fostering financial inclusion in East Africa

Investment Intentionality

Our investment supports Watu’s growth ambition to expand its footprint in East Africa while accelerating the path to clean mobility through the roll-out of its Electric bikes strategy.

Investment Additionality

Impact Theme SDG 2023-2024 Achievements
Inclusivity

Appointed a woman as a new board member

41% of female employment

50% of managerial positions are held by women

Resilience

135,000 indirect jobs created

Over US$ 200 m of loans disbursed

Doubled the number of borrowers, exceeding 950,000 out of which c.70% were from rural areas

Climate Change

>1,500 EVs financed