Skip to Content

Kula and Enzi Mobility Announce $3.5 Million Investment Agreement

This week, Enzi Mobility, a fast-growing Kenyan e-mobility company, entered a groundbreaking investment deal with Kula PCC, a blockchain-enabled impact investment firm. The partnership injects $2 million in equity funding and an additional $1.5 million in blockchain infrastructure, setting the stage for one of East Africa’s most forward-thinking collaborations.

At first glance, it’s an investment story. But beneath the numbers lies a deeper shift: a reimagining of power, participation, and purpose in Africa’s clean transport economy.

“This partnership with Enzi Mobility exemplifies what Kula was built to do - align capital, governance, and community impact in a way that brings structure and confidence to emerging investment ecosystems,”

Chris Turner
Co-Founder and Group Director of Kula

The Promise of Shared Ownership

For decades, Africa’s mobility systems have been built around survival economics. Riders lease motorcycles they’ll never own. Mechanics work day-to-day. Communities remain passengers in a system they help keep alive.


Enzi and Kula are rewriting that story. Through this partnership, Enzi will introduce two digital tokens, $ENZI and $BODA, designed to give riders, staff, and local communities a real stake in the company’s growth.


Imagine a delivery rider not just earning from trips but also owning a slice of the business, voting on key company decisions through blockchain-backed tokens. It’s participatory capitalism meeting grassroots innovation, and Kenya may soon be the first country to see it work in practice.


Transparency as a New Currency

The deal also ties investment to measurable results. Kula’s blockchain technology will power a real-time impact dashboard, tracking everything from carbon savings and income growth to community development metrics.


For investors, this transparency brings confidence. For governments and citizens, it builds trust. In an era where sustainability claims are often fuzzy, Enzi’s data-backed approach could set a new standard for accountability in African startups.


More Than Mobility: A Model for African Growth

At its heart, this partnership is not just about e-bikes or batteries. It’s about what happens when technology, community, and finance pull in the same direction.

Kula’s model combining structured investment, tokenized governance, and social accountability could ripple beyond transport. The same framework could apply to renewable energy projects, agricultural cooperatives, or creative industries. It’s a financial architecture designed for inclusion.

For Africa’s integration ambitions under AfCFTA, it represents something even bigger: a homegrown model of governance innovation, one that gives economic participation back to local players, from boda riders to small business owners.

“Partnering with Kula brings both the capital and the blockchain governance rails we need to accelerate Enzi’s mission. This investment validates our vision of putting motorcycle riders at the centre of clean, affordable, and scalable transport solutions."

Bill Schafer
CEO of Enzi Mobility

The Opportunity Ahead

For entrepreneurs, this signals a new frontier:

  • Blockchain as an inclusion tool — not just crypto speculation, but shared ownership and transparent reporting.
  • Mobility as infrastructure for opportunity — linking riders to finance, logistics, and digital ecosystems.
  • Impact data as currency — helping attract ESG-focused investors who want measurable social returns.

And for young Africans watching the green economy unfold, it’s a reminder that the continent’s development story will be written not only by tech giants but also by those who merge purpose with participation.

The Road Forward

If the Enzi–Kula partnership succeeds, it could spark a continent-wide rethink of how businesses are built and who they’re built for. Kenya is simply the first stop on what could become a pan-African roadmap for equitable, tech-driven development.

In the end, the quiet hum of Nairobi’s streets may soon carry a different sound, the pulse of shared ownership, clean energy, and the unmistakable rhythm of progress.

Kula and Enzi Mobility Announce $3.5 Million Investment Agreement
Native Media October 24, 2025
Share this post
Tags
Archive
Spiro’s US$100 Million Raise Signals More Than Just Electric Bikes
Image by Spiro