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African EV Platform Spiro Raises Another $55 Million
African electric mobility firm Spiro has raised another US$55 million from Chinese early-stage investor NewTrails Capital, three weeks after raising $215 million.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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China and the West Are Taking Opposite Paths on EV Battery Recycling
China has 85% of the world’s recycling capacity and a mandate to shred old packs. The U.S. has another plan: use them to save the power grid first.
- Categories
- Technology, WASH
- Region
- Global
- Tags
- e-mobility, recycling, renewable energy, solar, waste
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Shell Foundation, the FCDO and Kinetic Green Announce Partnership to Pilot Electric Two and Three Wheelers for African Markets
The partnership is supported by catalytic capital provided by Shell Foundation and the FCDO through its RIDE programme and the Transforming Energy Access (TEA) platform. This
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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New Report Highlights USD 4 Billion EV Charging Investment Opportunity Across Emerging Economies
Joint analysis by C40 Cities and the International Finance Corporation (IFC) outlines practical pathways for emerging-market cities to scale charging infrastructure and accelerate electric mobility adoption.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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DACF and Wahu Mobility Partner to Roll out 5,000 Electric Motorcycles Across Ghana
The pilot programme operationalises a Memorandum of Understanding between the Government of Ghana and Wahu Mobility, a Ghanaian manufacturer of smart electric two-wheelers.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Financing the Future: How Off-Balance-Sheet Special Purpose Vehicles Could Fund Africa’s Cleantech Transition
Across Africa, founders are tackling some of the world’s most difficult development challenges with cleantech solutions that require significant capital expenditure. But according to Julia Lawson-Johns, and Amar Inamdar at KawiSafi Ventures, beneath this wave of innovation lies a capital architecture that is still too shallow to enable the scale these firms now require. They argue that off-balance-sheet financing via special-purpose vehicles could provide cleantech enterprises with an alternative means of securing upfront liquidity to finance growth, and explore how these vehicles could power Africa’s cleantech transition.
- Categories
- Agriculture, Energy, Finance, Investing, Transportation
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Spiro Raises $215 Million as Race for Africa’s EV Market Heats Up
The round, backed by investors including Impact Fund Denmark and Equitane, comes four months after Spiro secured $50 million in debt financing and less than a year after a separate $100 million equity raise led by Afreximbank’s Fund for Export Development in Africa (FEDA).
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Global Scramble for Battery Metals Intensifies as U.S., Chinese Firms Target Zambia’s $10 Billion Critical Minerals Market
Rising global demand for battery metals is reshaping investment flows into Africa, with U.S. and Chinese mining firms rapidly expanding their presence in Zambia.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, mining, renewable energy
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