Kenya’s Arc Ride secures $5 million IFC commitment for regional expansion
TechCabal | 17.02.2026 17:02
Arc Ride, a Kenyan battery-as-a-service (Baas) startup, has secured a $5 million (KES 645 million) commitment from the International Finance Corporation (IFC), the World Bank’s private investment arm, to support regional expansion as investors’ appetite for e-mobility and climate solutions rises in the East African market.
