Browsing: Equity Bank in Tanzania

• Tanzania-based clean energy company, TRí, is introducing electric tricycles to the country’s transportation sector to reduce carbon emissions.
• On average, the oil-powered motorcycle is estimated to be 10 times more polluting per mile than a passenger car, light truck, or SUV.
• The move to roll out electric motorcycles aligns with Tanzania’s Inclusive Green Economy (IGE) Program, which aims to promote zero emissions by 2030.

The transport industry accounts for a significant amount of carbon emissions in Tanzania and around the world. Through players in the private sector, Tanzania is turning the tide with green transport startup, TRí, launching electrical tricycles in the market.

These tricycles promise cost savings for thousands of riders, especially small-scale traders who dominate the country’s transport industry.

With the rising cost of fuel, electric tricycles are becoming the go-to option for traders who are keen on protecting their margins, with TRí’s market survey showing that their …