Nairobi, Feb. 25 -- Venture capitalists are scrambling to invest in Kenya's electric mobility businesses, committing multi-billion shilling investment rounds as the country emerges as one of Africa's fastest-growing markets for electric vehicles.

In the last 15 months, investors ranging from development finance institutions to specialist climate-tech funds have poured money into Kenya-based electric-vehicle assemblers and mobility-focused venture firms.

Motorbikes and three-wheeled tuk-tuks, are the centrepiece of a move to make transport green and reduce air pollution.

The government hopes the prospect of cheaper running costs will create a gearshift in the minds of other drivers of boda-bodas, most of whom still use petrol or diesel....