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MSME Economy

Initiated

Financial support for the boda boda sector through the hustler fund

The Kenya Kwanza government promised to leverage the financial support that will be provided to the boda boda sector through the Hustler Fund to develop the nascent EV motorcycle assembly industry.

 

 

 

  • In July 2025, a financing program for electric motorcycles was launched via a partnership between Roam, Fortune Credit, and GreenMax, and it explicitly did not draw from the Hustler Fund.
  • As of October 6 2025, there is no credible evidence that the Hustler Fund has been used to fund EV motorcycle assembly.
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