CFAO

MetroTrans acquires 14 Hino buses worth Ksh 103 million from CFAO

CFAO Mobility has handed over a fleet of 14 Hino buses to MetroTrans Investment Limited. The buses were financed by Family Bank at a value of Ksh 103 million.

Hino Buses, one of the most trusted brands in the market, come with a spacious interior and world-leading safety, power, and fuel efficiency. They deliver benchmark levels of road performance and superior comfort.

The move is part of CFAO Mobility’s long-term ambition to support Kenya’s economy through its vision and investment towards local assembly, allowing Kenyans to benefit through technical knowledge transfer and training, and create employment opportunities across its various lines of operations.

CFAO Mobility Kenya Managing Director, Mr. Arvinder Reel, said, “We are honored to celebrate this significant purchase by MetroTrans Investment Limited and deeply appreciate your continued trust in CFAO Mobility as your preferred transport partner. With a decade-long partnership and a fleet of 37 Hino buses, we remain dedicated to providing vehicles that consistently deliver reliability and efficiency in your operations.”

Family Bank CEO Nancy Njau stated “As a key player in enhancing access to capital, we are always diversifying our asset financing to give our SME clients an array of options that suit their business needs. With strategic partners such as CFAO Mobility, we are mutually leveraging and providing opportunities for growth to our customers like Metro Trans.

With the financing valued at KES.103 million, Ms. Njau underscored that Family Bank is committed to supporting the SME sector and extending affordable and flexible financing terms to its customers.

 MetroTrans Investment Ltd. Chairman, Oscar Rosanna, said, “With the new fleet, MetroTrans will be able to enhance its service delivery, expand its routes, and provide a safer and more comfortable experience for passengers. This partnership has and will continue to be instrumental in helping us meet the growing demand for reliable public transportation.”