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Local Investors Are Shying Away from Africa’s EV Revolution
A lack of local investment in African electric vehicle companies threatens the growth of the continent’s green transportation sector.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Shekel Mobility Secures $7 Million to Drive Vehicle Financing in Africa
Shekel Mobility, a B2B trading platform catering to car dealers in Africa, secured a $7 million seed in a round led by Ventures Platform and MaC VC.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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USAID Grants $1.5 Million to BasiGo for Electric Bus Pilot Program in Rwanda
BasiGo, a pioneering E-Mobility startup, is already celebrating the arrival of its first two electric buses in East Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility
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Analysis: South Africa Shows Developing Nations Face Decarbonizing Challenges
BMW’s activities in the South Africa show that there is no “one size fits all” approach to decarbonization.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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South Africa’s WhereIsMyTransport Closes After Failing to Secure Investment
WhereIsMyTransport is the latest in a host of well-regarded and well-funded African startups to have closed down this year amid a fall in liquidity within the global venture capital market.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Kofa and TAILG’s Electric Journey: Revolutionising Transport in Africa
TAILG also plans to integrate Kofa batteries into a range of new and existing models and support the spread of electric vehicles in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Japan to Invest USD$13 Billion in Regions Such as Latin America
Japan set a five-year investment target of more than USD$13 trillion to support developing countries.
- Categories
- Technology, Transportation
- Region
- Latin America
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A Pay-As-You-Go Electric Truck Is Making Deliveries on Rwanda’s Dirt Roads
The Global Vehicle Trust launched OX Delivers in 2020 and although it’s headquartered in Warwickshire, England, the company describes it as an African-led operation.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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