The UK Investor Magazine Podcast was delighted to welcome Filip Lövström, CEO of Roam Electric, who joined Jeremy Naylor to discuss the firm’s rapid expansion in the African electric motorcycle market.
Find out more about Roam Electric here.
Roam Electric is a Swedish-founded, Kenyan-based company transforming African mobility by manufacturing affordable, durable electric motorcycles designed specifically for local conditions.
The company addresses a critical problem: Africa’s 25 million motorcycles are predominantly petrol-powered, costly to operate, and heavily polluting. With fuel costs having increased 123% over five years and air pollution linked to 1.1 million premature deaths, Roam’s electric motorcycles offer a solution that is 80% cheaper to run than conventional petrol bikes.
The company has achieved remarkable traction, capturing 40% of Kenya’s electric motorcycle market and partnering with major platforms including Uber, Bolt, DHL, and M-KOPA.
The Financial Times recognised Roam as one of Africa’s fastest-growing companies in 2025, with revenue growth of 550% between 2020-23 and annual recurring revenue of €7.5m.
Roam operates East Africa’s largest electric motorcycle assembly plant at 10,000 square metres and holds what it believes is the only manufacturing licence in Kenya.