Kabisa Electric Powers Up East Africa’s Electric Vehicle Revolution with $5M Seed Round Funding

In a bold demonstration of investor confidence and industry potential, Kabisa Electric—Rwanda’s leading force in electric mobility—has successfully raised $5,000,000 in its latest funding round. This significant capital injection marks a pivotal milestone for the company as it continues to drive the transformation of the East African transportation landscape. Kabisa Electric is renowned for its comprehensive approach to building the electric vehicle ecosystem across the region. By offering a diverse range of services, including the selling and leasing of state-of-the-art electric vehicles, establishing and operating an extensive public charging network, and providing top-tier maintenance services, the company is uniquely positioned to address the growing demand for sustainable mobility solutions in East Africa. The newly raised funds will be strategically deployed to accelerate the expansion of Kabisa’s electric mobility services with the goal of enhancing infrastructure development, upgrading technology platforms, and broadening market reach in both established and emerging markets. Furthermore, the infusion of capital will bolster research and development initiatives to improve vehicle efficiency and charging technology—ensuring that the company remains at the forefront of innovation during this critical phase of its growth. This announcement not only underscores the strong market validation of Kabisa Electric’s business model but also signals a renewed commitment to fostering environmentally friendly transportation solutions that can have a tangible impact on urban mobility and the region’s economic development. As Kabisa Electric embarks on this exciting new chapter, stakeholders and customers alike can look forward to a future where sustainable, efficient, and accessible electric transportation is at the heart of the community’s progress.