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ANDE, IKEA Foundation Award Grants to Boost Waste and Circular Economy Investment in Kenya and India
Six entrepreneur support organizations in Kenya and India will receive funding from a new Investment Innovation Fund to catalyze investment in waste and circular economy businesses.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
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Bolt Acts to Halt Nigeria-South Africa ‘Taxi-War’
Online taxi firm Bolt has restricted "inter-country" requests between Nigeria and South Africa after the two countries' social media rivalry reached an all-time high.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Uber Kenya Increases Fares by 10% but Drivers Are Unimpressed
The sector union representatives who spoke to TechCabal said the raise was “insignificant.” They said the new prices still cannot cover high operational costs.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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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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