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BII Provides $100 Million Towards Green Investments and Financial Inclusion in Africa
The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.
- Categories
- Energy, Environment, Finance, Transportation
- Region
- Sub-Saharan Africa
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Vidyut Secures $2.5 Million Funding from Flourish Ventures
Vidyut separates batteries from EV ownership and then offers them on a pay-per-kilometre subscription basis.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
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East Ventures and SV Investment Announce $100 Million Fund to Drive Tech Startups Across SE Asia and Korea
The fund, launched in October 2023, is designed to invest in revenue-generating tech startups across key sectors, such as biotech, healthcare, future mobility, green technology, and media & content.
- Categories
- Technology
- Region
- South Asia
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Uber-Backed Mobility Fintech Moove Acquires Brazil’s Kovi, Takes ARR to $275 Million
"Delano said Moove’s acquisition of the São Paulo-based Kovi marks a significant step toward the company’s goal of building the world’s largest rideshare fleet."
- Categories
- Finance, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, fintech, partnerships
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Indonesia, Home to the World’s Largest Nickel Reserves, Struggles to Achieve Its EV Dreams
"The country is home to nearly half of the world’s production of nickel, a key mineral in manufacturing batteries."
- Categories
- Energy, Transportation
- Region
- South Asia
- Tags
- e-mobility, ESG, human rights, mining
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Charging Infrastructure Provider Bolt.Earth Nets $5 Million
The company plans to use the fresh capital for scaling up its business operations.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
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Shell Foundation and Accion Announce New Programme to Finance and Scale Emission-Reducing Technologies in Emerging Markets
The Climate and Finance Innovations (ClimaFii) Alliance seeks to bring financing and sustainable energy solutions to microenterprises across India and sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Global
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Bboxx, Radiant Yacu Launch Affordable EV Insurance, Benefitting 130,000 Rwandan Motorbike Riders
Innovative “Bboxx Protect” cuts costs by over 40%, accelerates EV adoption, and boosts financial inclusion in Rwanda.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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