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Kenya Vehicle Manufacturers, Basigo Roll Out High-Volume Electric Bus Assembly Plant, Target 1000 Units by 2027
Basigo Kenya Managing Director Moses Nderitu said the new pilot plant will pave way for serial production moving from three units to 20 units per month by the end of the year.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Press Release: Spark+ GP Announces Second and Third Closings of Spark+ Africa Fund With Current AUM of USD $64 Million
Spark+ is the first impact debt fund dedicated to growing the clean cooking sector across sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Report: Netflix, Apple, Shell Among Top Global Firms Buying Kenya’s Carbon Credits
The 'Carbon Market Guidebook for Kenyan Enterprises' indicates that in 2022, Kenya was the second largest issuer of VCM carbon credits in Africa after the Democratic Republic of the Congo.
- Categories
- Environment
- Region
- Global
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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: Penultimate UN Talks on Global Plastic Pollution Treaty Will Make or Break the Treaty: WWF
WWF calls on governments to prioritize banning the most harmful and avoidable plastics; establishing global requirements on product design and performance to ensure reduction, reuse and safe recycling for all plastic products; and putting in place a robust financial mechanism.
- Categories
- WASH
- Region
- Global
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‘World’s Most Comprehensive’ Health Database Opens to LMIC Researchers
The UK Biobank, a large-scale biomedical database containing health and lifestyle information from half a million individuals, has created a new fund allowing researchers from low- and middle-income countries to access its data.
- Categories
- Health Care
- Region
- Global
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Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa