-
InDrive Launches Ventures and M&A Arm to Invest $100 Million in Startups Across Emerging Markets
InDrive will be investing vertically and horizontally from the ride-hail industry, with an eye toward either acquiring or using the services of those companies.
- Categories
- Investing, Transportation
- Region
- Global
-
Bolt Food to Close South Africa, Nigeria Operations
Rising petrol prices, inflation and the economic downturn are some of the macro-economic factors negatively affecting the food delivery market.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
-
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
-
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
-
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
-
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
-
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
-
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