Strategic Aspiration

Eastern Africa’s Leading Financial Partner for Growth

Mission (M) and Core Values (CV)

To be partners of growth for all our stakeholders. We will achieve this through:

Meeting our Customers’ expectations. (M) Motivating & developing every employee. (M)

Enhancing shareholder value. (M)

Mutual Respect (CV)

Fairness (CV)

Innovativeness (CV)

Our Vision

To become a company where the best people want to work. The first choice is where customers want to do business, and where shareholders are happy with their investment

Our Culture

"Nurture a culture of fairness to our partners" - This is with regard to three key relationships.

About I&M Bank

I&M Bank was founded in 1974 as a financial services company and later converted to a commercial bank.

I&M Bank is a wholly-owned subsidiary of I&M Group PLC (previously known as I&M Holdings PLC), a public company, listed at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking. Having started in 1974, it evolved from a community financial institution to a publicly listed major regional commercial bank offering a full range of corporate and retail banking services.

From June 2013, I&M Bank shares are publicly traded in the Nairobi Stock Exchange through the acquisition of its entire shareholding by I&M Group Plc (previously known as I&M Holdings PLC), a publicly listed company.

The Challenge

Africa will have 10 cities with a population over 10 Million people by 2025. This growing population requires a growing mobility network to serve it.

In African cities, diesel buses account for almost 40% of all passenger trips. But meeting growing mobility demand with more diesel buses poses an enormous challenge for our cities. Diesel tailpipe emissions are already a major source of both toxic air pollution and greenhouse gas emissions warming our planet. To meet growing mobility needs, African cities need a sustainable mobility revolution.

The Opportunity

Almost half of all buses being produced globally are now electric. And East Africa has some of the cleanest and most affordable electricity in the world. Kenya produces over 70% of its electricity from renewable energy sources such as hydro, geothermal, solar, and wind. Replacing a diesel bus in East Africa with an electric bus would have greater impact than almost anywhere else in the world. An electric bus in East Africa would also cost owners less to operate. We have an opportunity to make East Africa a global leader in clean, affordable electric bus transit.

Who we are

BasiGo is an e-mobility start-up looking to revolutionize the public transportation sector by providing public transport bus owners with a cost-effective electric alternative to diesel. Headquartered in Nairobi, Kenya, our team is strategically composed of seasoned entrepreneurs who have spent over a decade working and innovating within electric vehicle technology, mobility in Africa, and renewable energy financing. We are a team dedicated to creating an inclusive sustainable mobility revolution in Africa.