Area of Work:
Climate Action, Digital Financial Services, Financial Health, Livelihoods and Microenterprise
Kenya, Nigeria, Uganda
Shell Foundation (SF) contracted BFA Global to undertake a study to better understand and document the range of impacts that sustainable mobility enterprises have on society and the environment, with the objective of both creating an impact research methodology that can be replicated across the portfolio, as well as generating interest in the sector in the impact investing community. This study focused on two mobility enterprises in SF’s portfolio, SafeBoda (Uganda and Kenya) and Max (Nigeria), each of which manages a ride-hailing and asset-finance business focused on motorcycle taxis in urban areas.