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India’s Rapido Becomes a Unicorn With Fresh $120 Million Funding
Rapido’s growing prominence in India’s mobility sector has emerged as a formidable challenger to the long-standing duopoly of Uber and Ola.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- gig economy, startups
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African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria
The loan will help close the financing gap of the Federal Budget in the 2024/25 fiscal year.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Ugandan Government Plans to Implement Shs 6.4 Trillion E-Mobility Strategy
When fully implemented, government says, e-mobility will generate at least $15m (Shs55.3 trillion) in annual revenue.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, employment
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African Development Bank Approves $1 Billion Loan to South Africa’s State-Owned Rail and Ports Company
South Africa has the most industrialized economy in Africa, but its deteriorating rail and ports are seen as significant barriers to foreign business investment.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Google Backs Indian Open Source Uber Rival
Google has become one of the latest investors in Moving Tech, the parent firm of Indian open source ridesharing app Namma Yatri.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-commerce, innovation, startups
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Analysis: EV Manufacturing Shows Signs of Promise in Africa
Several African start-ups have manufacturing operations on the continent, but far greater investment is needed for the sector to flourish.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Indian Bond Market Gears up for Infrastructure Boom
Competitive pricing is attracting a substantial number of investors looking for stable and lucrative opportunities.
- Categories
- Energy, Investing, Technology, Transportation
- Region
- Asia Pacific
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Design as a Catalyst for Impact: How a First-of-its-Kind Design Policy in Kerala Could Foster a New Approach to Public-Private Partnerships in India
The Indian state of Kerala recently approved a State Design Policy — the first of its kind in the country. As Manoshij Banerjee and Mohammed Shahid Abdulla explain, design policies aim to increase citizens' quality of life by providing guidance to help optimize the design of everything from infrastructure to government policy. They share examples of strategic design choices that have made a major impact on businesses, governments and the communities they serve, and explore how Kerala’s design policy could lead to new opportunities for public-private partnerships in India.
- Categories
- Technology, Transportation
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