Year: 2022
Location
KenyaSector
Sustainable CitiesStage
Pilot / MVPINNO-NEAT Energy Solutions is a renewable energy venture building Africa’s clean transport infrastructure, starting with Kenya’s first electric school bus leasing and lease-to-own platform. Founded in 2022 and led by Godfrey Simiyu Katiambo, a 15-year energy access veteran, the company bridges the gap between proven electric vehicle technology and the financing structures that make it accessible to underserved markets.
Our flagship platform, INNO-BUS Africa, targets private schools, educational trusts, and independent fleet operators who want to electrify student transport but face a $100,000+ upfront cost barrier and no dedicated financing products. We bundle electric buses, depot charging infrastructure, IoT fleet management, and comprehensive maintenance into a single predictable monthly payment structured to be 15–25% below diesel operating costs with a clear path to ownership.
The model is built on four pillars: OEM partnerships (BasiGo, Geelong, Yutong) for vehicle supply; charging-as-a-service with off-peak tariff optimisation; fleet management SaaS including route optimisation and parent tracking; and patient capital priced for Base of the Pyramid risk. Revenue streams span monthly leases (60%), charging margins (20%), SaaS subscriptions (12%), and end-of-lease asset resale (8%).
With Kenya’s EV registrations surging from 796 to 35,000+, the National E-Mobility Policy providing regulatory certainty, and 90% of the grid powered by renewables, the timing is optimal. Our 18-month roadmap moves from validation (8 buses) to pilot (35 buses) to scale (100+ buses across East Africa), with projected revenues growing from $336K to $5.7M by Year 3. We are currently seeking first-check capital and venture studio support to launch Phase 1.
Investment Needs
$1 000 000Investment Project Type:
PrivateInvested Value to Date:
$100 000Funding Gap:
900 000Climate Classification:
Mitigation
Contact Us
VUKA is the trusted media partner to key professionals, policy makers, suppliers and
manufacturers. We provide unparalleled opportunities for industry-wide connection.