B2B News | Source: press release Roam | Roam, one of Africa’s most dynamic electric vehicle (EV) companies, is inviting the public to join its mission to electrify the continent. The Kenya-based manufacturer has launched a crowdfunding campaign on Crowdcube, Europe’s largest and the world’s first equity crowdfunding platform, offering individuals the chance to invest directly in Africa’s clean mobility future.
This campaign marks a new chapter for Roam, which has quickly become a leader in Africa’s transition to electric mobility. From its state-of-the-art facility in Nairobi, Roam Park, capable of producing over 50,000 motorcycles annually, the company is scaling up its flagship electric motorcycle and expanding its solar-powered charging network across the region.
Partnered with global companies like Bolt, Hitachi, DHL, TotalEnergies, Wells Fargo, and M-KOPA, Roam has built a solid growth path.
While capital raises of this kind are often limited to large institutional investors, Roam is taking a more inclusive route. The company has set aside a specific allocation of shares on the same terms as professional investors, available to the public on a first-come, first-served basis.
“We’ve proven that electric mobility is possible, affordable, and scalable in Africa,” says Filip Lövström, Roam’s CEO and Co-Founder. “This crowdfunding campaign is about inclusion. We want anyone within our community, and supporters of our mission, to be able to join us on our continued journey as shareholders.”
Building the backbone of Africa’s electric future
Roam’s growth comes as the continent experiences a surge in demand for affordable, sustainable transport. In partnership with M-KOPA, Africa’s largest Pay-As-You-Go financier, Roam has made its electric motorcycles accessible through daily micro-payments, helping drivers transition from petrol to electric with minimal upfront costs.
The company’s e-motorcycles are already hitting the streets through ride-hailing platforms like Bolt and Uber, offering a quiet, zero-emission alternative to traditional bikes. To power these rides, Roam is building a solar-powered charging network that spans Kenya and is poised to expand across borders, backed by TotalEnergies and European grants.
A market on the move
Africa’s motorcycle market is valued at over $15 billion annually, making it one of the largest and fastest-growing mobility sectors in the world. Electrification represents not just an environmental opportunity, but an economic one, cutting fuel dependency, reducing emissions, and empowering millions of small business owners and riders across the continent.
With this crowdfunding campaign, Roam is opening a rare window for private and retail investors to take part in that transformation.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
