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Press Release: IFC Invests in Africa50 Fund to Support Sustainable Infrastructure Development in Africa
The fund aims to invest in projects across Africa, where the private sector is playing an important role supporting infrastructure development.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Driving the EV Transition in LMICs: How Low- and Middle-Income Countries Can Accelerate the Adoption of Electric Vehicles
Amid mounting climate concerns, public health issues and economic challenges, the case for low- and middle-income countries (LMICs) to transition to electric vehicles (EVs) is compelling. Based on the strategies adopted by numerous countries, including many pioneer LMICs, Daphnée Benayoun, Kiran Willmot and Debashish Roychoudhury at Dalberg share four priority drivers that governments should consider to accelerate and manage their EV transition.
- Categories
- Energy, Environment, Technology, Transportation
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Senegal’s Sall Inaugurates E-Bus Fleet of Dakar Public Transport Network
The large-capacity buses (approximately 150 seats) are set to carry some 300,000 passengers a day.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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India’s BluSmart Raises $24 Million to Develop Large-Scale EV Charging Hubs
BluSmart Mobility recently raised US$24 million in a new funding round to develop large-scale EV charging hubs.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, infrastructure, startups
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Jumia Discontinues Food Delivery Across Seven Markets, Shifts Focus to Expanding Physical Goods Business
Jumia is redirecting its focus toward the core physical goods business and maintaining its JumiaPay operations across all 11 markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Africa Sees Sharp Rise in Road Traffic Deaths as Motorbike Taxis Boom
Fatalities rose by 17% in a decade on the continent, despite falling globally, with campaigners calling for stricter safety standards on motorcycle helmets.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- public health
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Vammo Aims to Scale E-Motorcycle Battery Swapping Across Latin America
The startup, formerly Leoparda Electric, offers an e-motorcycle subscription that comes with unlimited access to battery swapping stations.
- Categories
- Energy, Technology, Transportation
- Region
- Latin America
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Kenyan E-Bus Startup BasiGo Secures $5 Million Debt Facility to Scale Local Production
BasiGo provides state-of-the-art electric buses along with charging and maintenance services for bus operators.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
