07/09/2026
Bolt Marks 10 Years in Kenya with KSh 19 Billion Investment Milestone!!
Ride-hailing giant Bolt has reached a major milestone, celebrating 10 years in Kenya with a total investment of KSh 19 billion (€130+ million). Since entering the market, Bolt has expanded to 19 towns across six regions, connecting over 8 million riders and creating income streams for 170,000+ drivers and couriers.
Key insights from Bolt’s 2026 Joint Report with Ipsos highlight its systemic impact on Kenya’s KSh 130 billion gig economy:
1. Strong Earnings Potential: Drivers on the platform average KSh 63,000/month (with top earners reaching KSh 184,000/month), while boda boda riders average KSh 56,000/month. 2.Livelihood Transformation: 53% of surveyed drivers rely on Bolt as their primary income source, with 98% reporting a direct improvement in their standard of living.
3.Powering E-Mobility: 7 in 10 electric vehicles operating in Kenya now run on the Bolt platform.
As digital mobility evolves, flexible credit structures and green fleet adoption continue to drive sustainable growth for East Africa's gig workforce.