VAI Capital – Kenya

Swiss Partners

VAI Capital, www.VAI.capital
John Tidmarsh

Local Partner

VBD Automotive Technologies Ltd’s
Knight’s Energy Ltd

Project Type:

Pilot project

Technology:

Energy efficiency

Country:

Kenya

Project Status:

Ongoing

Project Start:

2022

End of Project:

2024

Contract:

2022.12

Swiss Contribution

Geneva-based VAI Capital is a financial advisory company active in low-carbon road transport solution. As the main project coordinator, it will ensure the transfer of knowledge to contribute to the development of electric mobility in Kenya. To do so, VAI will closely collaborate with local engineers and energetic projects developers based in Nairobi. The experience of VAI in financial and e-mobility advisement will allow for the development of a precise strategy in order to facilitate the replication and implementation of similar project in the future.

Description

The project aims to achieve three main objectives. First, coordination and knowledge transfer between Switzerland and Kenya will lay the theoretical foundation for a field case study. In order to exploit the potential of electric mobility, VAI wants to replace 35 thermal motorbikes with electric models for a local transport company and develop an Energy-as-a-Service model. The results will finally be presented in a full report and in a webinar to explain each step of the project, from financing to deployment.