NCBA Bank is spearheading Kenya's electric vehicle transition by promoting asset finance solutions for small-scale transport operators. The bank's 2026 Johari Awards roadshow aims to support operators in affording electric vehicles. By spreading vehicle costs over time and linking repayments to the income generated by the asset, NCBA argues that EVs can be financially viable for boda-boda cooperatives, delivery startups, and commercial fleets.
NCBA's asset finance business has been in operation for two decades, supporting MSMEs and fleet operators. The institution now sees green mobility as the next growth chapter. The bank's "Home of Asset Finance" branding reflects its commitment to providing financing solutions for operators. By targeting small-scale transport operators, NCBA aims to drive the adoption of electric vehicles in Kenya.
The Johari Awards, launched in 2006, recognise top-performing dealers, brokers, and leasing agents who advance the bank's asset finance and insurance offerings. In 2026, the awards are touring the country, visiting various towns including Mombasa, Kisii, Kisumu, and Nairobi. The roadshow aims to meet partners where deals are made, allowing discussions on practical issues such as customer queries and charging infrastructure gaps.
The tour will enable NCBA to engage with partners and address concerns about the adoption of electric vehicles. Discussions will focus on issues such as charging infrastructure gaps and insurance treatment of batteries. By engaging with partners, NCBA aims to strengthen its ecosystem and provide support for operators transitioning to EVs.
NCBA's purpose statement, "Banking on Belief, Empowering Ambitions," reflects its commitment to giving early adopters confidence in the technology and financing partner. While Kenya's charging network and policy environment still need development, the bank asserts that asset finance will enable the first wave of operators to transition to EVs.
The bank acknowledges that Kenya's charging network and policy environment still need development. However, NCBA believes that asset finance, backed by a strong partner network, will enable operators to transition to EVs. The tour's concluding message is that a greener future is attainable when financing makes the cost of an electric vehicle affordable for everyday Kenyan businesses.
The Johari Awards tour will conclude in Nairobi on 4 December, having visited various towns across the country. By promoting asset finance solutions and engaging with partners, NCBA aims to drive the adoption of electric vehicles in Kenya. The bank's efforts are expected to contribute to a greener future for the country's transport sector.
Key points
- NCBA Bank's Johari Awards roadshow promotes asset finance solutions for Kenyan transport operators to afford electric vehicles.
- The bank's asset finance business has been in operation for two decades, supporting MSMEs and fleet operators.
- The Johari Awards tour will conclude in Nairobi on 4 December, having visited various towns across the country.
