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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
- Tags
- e-mobility, transportation
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Report: Most Indian Banks Fail on Policies of Climate Change, Human Rights
Most Indian banks fail on policies of environment and human rights and this inaction leaves the Indian banking sector vulnerable to investment risks arising due to climate emergencies, according to the first edition of Fair Finance Guide India scorecard.
- Categories
- Finance
- Region
- South Asia
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Amped Innovation Closes Series A Funding of More Than $3 Million
Amped Innovation, a designer and manufacturer of solar-powered appliances and solar energy generation and management equipment, announced today that it has closed Series A equity funding totaling more than $3.3 million. The funding round was led by ENGIE Rassembleurs d’Energies with participation from existing seed investors Schneider Electric Ventures and FINCA Ventures, as well as other impact-aligned investors. This financing accelerates Amped’s ability to bring high-quality, affordable solar-powered appliances to market, serving growing demands from energy distribution companies, utilities and mini- and micro-grid providers for better power solutions.
- Source
- Press Release
- Region
- Sub-Saharan Africa
- Tags
- solar
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Fintech company, CredoLab set to drive financial inclusion in South Africa
Credit scoring fintech company, CredoLab announced on Tuesday, 1 October 2019, that it has officially launched in Africa. Starting in South Africa, CredoLab is aiming to drive financial inclusion in emerging economies on the continent by credit scoring more people, especially those who are new to banking or credit.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Zimbabwe Mobile-Money Directive May Halt Commerce, Operator Says
A Zimbabwean government directive banning the purchase and sale of cash through mobile-money services may halt much of the nation’s commerce as the biggest system will have to be shut down temporarily, its operator said. The ban, a directive aimed at stabilizing a monetary system that’s spiraling out of control as the national currency plunges, can’t be effected unless the Ecocash
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Danone cultivates multinational effort to restore biodiversity
A diverse group of 19 multinational companies — including food giant Danone, cosmetics queen L’Oreal and data powerhouse Google — are digging deep to plant the seeds for a global push to protect and promote biodiversity.
- Categories
- Environment, Impact Assessment
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A Three-Pronged Strategy to Upskill India’s Workforce
Against this backdrop, India is driving unique initiatives to convert its demographic potential into a dividend that will fuel growth.
- Region
- South Asia
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With Bangladesh on Visa’s Target List, Credit Card QR Codes Are Here, There, and Everywhere
In progressive, emerging markets, debit card usage is closer to 30%, and credit card usage is at least in single digits, indicating at least some progress in financial inclusion.
- Categories
- Finance
- Region
- South Asia
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