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Uber Leads $100 Million Investment in African Mobility Fintech Moove as Valuation hits $750 Million
Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- electric vehicles, fintech
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Analysis: E-Bikes Could Cut Smog, Energy Use and Congestion Globally — But Will They?
The global market for e-bikes is surging. These bicycles, usually equipped with pedals and an electric motor assist, are popular with consumers and commuters and are becoming part of local business delivery systems.
- Categories
- Technology, Transportation
- Region
- Global
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Sun Run – Sustainable Transport Africa
This is a partnership comprising two start-ups, E-Safiri and Kiri E.V., who will structure a joint venture called Sun Run.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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CFAO Group Invests $3 Million in BasiGo to Boost East Africa’s Electric Bus Production
CFAO Group is building e-mobility ecosystem in East Africa by investing in green mobility startups through Mobility54.
- Categories
- Energy, Environment, Transportation
- Region
- Sub-Saharan Africa
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Dodai Secures $4 Million Funding to Scale-up Electric Vehicle Production Amid Ethiopia’s Shift to Green Transport
The company plans to allocate 80% of the raised funds to import electric motorcycle parts and lithium batteries.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- electric vehicles, scale, startups
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eWAKA Partners With Powerbase to Expand Its E-mobility Solutions in Kenya
Kenyan technology start-up eWaka has signed a deal with financial and energy company Powerbase to optimise the manufacture and marketing of its electric mobility solutions.
- Categories
- Telecommunications, Transportation
- Region
- Sub-Saharan Africa
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Vietnam’s VinFast Enters Africa EV Market via Ghana Distributor
VinFast wants its EVs in 50 markets by year's end and has made deals in six countries in the past month alone to achieve that target.
- Categories
- Technology, Transportation
- Region
- Global
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India Cuts Import Taxes on EVs in Win for Tesla’s Entry Plans
The move also aligns with India’s goal to boost the adoption of EVs and reduce its dependence on oil imports.
- Categories
- Energy, Transportation
- Region
- Asia Pacific