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Bolt Receives a €20 Million Investment From IFC to Increase Access to Mobility Services in Emerging Markets
Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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How Can Emerging Economies Navigate the Mobility Transition?
In a world characterised by rapid urbanization, inadequate infrastructure, congestion and deteriorating air quality, as well as economic inequality and an evolving rural landscape, an improved mobility ecosystem should be fundamentally accessible, affordable, connected and clean.
- Categories
- Transportation
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Rethinking Smart Mobility in Africa
The National Association of Automobile Manufacturers of South Africa (NAAMSA) noted that 2015 saw the adoption of 1.5 million electric vehicles and plug-in hybrids worldwide, about 0.1% of cars on the roads globally.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Ride-Hailing Apps Are Making the Developing World’s Traffic Problems Worse
The prospect of a major expansion in ride-hailing services in developing economies, and the additional congestion that comes with them, is alarming given what we know about the economic cost of traffic.
- Categories
- Technology, Transportation
- Tags
- transportation
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How 3 Rickshaws Won A Million Dollar Prize
One team pitched an enterprise to bring fast and reliable web services to refugees, and two companies sought to connect displaced people to jobs through apps and digital workplaces. The winner this year is a startup called Roshni Rides, Bill Clinton announced at the end of the competition last Saturday. The former president, who began working with the Hult Prize in 2010, continued to speak but a roar of cheers drowned out his words.
- Categories
- Transportation
- Region
- South Asia
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Uber Driver Data in Kenya Helps Bridge Credit Gap
Sidian Bank has approved its first car loans to experienced Uber [UBER.UL] drivers in Kenya, using a model the ride hailing service hopes can be rolled out across countries in Africa where a lack of customer data limits lending.
- Categories
- Transportation, Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Safaricom, Kenya’s Largest Telecom To Launch Taxi Hailing Service To Compete With Uber
Kenya largest telecom, Safaricom, plans to launch a taxi hailing service, known as Littlecabs, that will compete with Uber in the local market.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Uber Kenya and Sidian Bank Launch $100M Vehicle Solutions Programme
Uber and Sidian Bank announced today that they have partnered to launch an innovative Uber Vehicle Solutions Programme that will give driver-partners and business investors convenient and affordable access to the quality vehicles they need to start or grow their Uber-based businesses. This comes shortly after Uber celebrated 1 million rides taken in Kenya since its launch just 15 months ago.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa