NCBA bank has taken a significant step towards supporting sustainable transportation by installing five electric vehicle (EV) charging stations across the region this year.
The bank has deployed these EV charging stations at its headquarters (NCBA Center, NCBA House) in Nairobi and at its HQ in Kigali, Rwanda. The installation of these charging stations was made possible through a partnership with EvChaja, a leading provider of EV charging infrastructure in East Africa.
The investment positions the bank as a pioneer in integrating sustainable practices within the banking sector under its “Change the Story” initiative.
NCBA has been at the forefront in pushing for EV adoption in the country. Last year, the bank announced a KES 2 billion fund targeting customers looking to purchase personal and public electric vehicles.
While announcing the fund, NCBA Group CEO John Gachora said “This shift towards greener transportation promises not only a cleaner environment but also job creation, skills development, and modernization of Kenyan industries. NCBA recognizes this importance and is committed to financing these sustainable mobility solutions.”
In September, the bank also acquired two hybrid electric vehicles (HEVs) from CFAO Mobility Kenya.
By promoting the adoption of EVs, NCBA is helping to reduce carbon emissions in East Africa. With transportation having a significant role in causing global warming, this initiative is a practical approach to addressing climate change.
Additionally, the presence of EV charging stations is expected to increase the number of people who transition to electric vehicles, this will further assist the region in its transition to more environmentally friendly solutions to energy.
The EV charging stations of NCBA are part of a larger campaign called “Change the Story”, this campaign is dedicated to implementing environmentally friendly practices in all aspects of the bank’s operations. From its headquarters in Nairobi, Kenya, to its branches in Rwanda, the bank is serving as a model for other financial institutions by promoting green initiatives.
As electric cars become more popular, NCBA’s aggressive move is underscored by the importance of corporate responsibility in driving environmental change. This makes it a significant part of the journey towards a sustainable future.
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