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British International Investment Commits $60 Million to Green Investment Partnership to Close the Climate Finance Funding Gap in South-East Asia
GIP is an innovative blended finance vehicle under FAST-P that has secured $510 million in committed capital from global and regional private, public and philanthropic institutions.
- Region
- South Asia
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Arc Ride Secures $10 Million in Funding to Expand Electric Motorcycle Battery-Swapping Network Across Kenya
The company’s Battery-as-a-Service (BaaS) model enables riders to swap a depleted battery for a fully charged one in minutes, reducing fuel costs and addressing the range anxiety often associated with electric vehicle adoption.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Kenya’s eBee Lays off Employees Across All Departments in Major Restructuring
"The layoffs reflect broader challenges facing Kenya’s e-mobility sector, where riders are opting for cheaper electric motorbikes over eBee’s bicycles . . ."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, failure, scale, startups
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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China Falls Back on Gasoline to Drive its Global EV Conquest
Mainland EV makers are shifting from pure-electric to plug-in hybrid engines.
- Categories
- Energy, Transportation
- Region
- Asia Pacific
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EcoSecurities and Energy Quest Foundation Launch Strategic Partnership to Accelerate E-Mobility Activities Throughout Africa
The partnership aims to unlock new sources of catalytic finance to accelerate the rollout of sustainable e-mobility infrastructure and services.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Roam & Keep It Cool Partner To Launch Electric Cold Chain Delivery Network In Kenya
Earthshot Prize Finalists Roam and Keep It Cool (KIC) have teamed up to launch a fully electric cold-chain delivery network in Kenya.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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British International Investment Commits $50 Million to VPBank, Supporting Vietnam’s Green Energy Transition
BII’s investment is directed towards supporting climate-related projects including sustainable agriculture, clean transportation, circular economy and renewable energy.
- Categories
- Energy, Technology
- Region
- South Asia