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China’s Eve Energy Builds $422 Million Electric Vehicle Batteries Manufacturing Facility in Malaysia
The firm will build a cylindrical battery production base in Malaysia to support the electric two-wheelers and power tools in Malaysia.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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African Development Fund Approves US $16 Million for Youth Entrepreneurship Investment Bank in Liberia
The bank anticipates supporting over 30,000 youth-led businesses over the next 17 years.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Why Domestic Solar Manufacturing Could Turbocharge Africa’s Energy Transition
Solar factories are beginning to spring up across Africa, helping create favorable conditions for growth and acceptance of the technology.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Nigerian Mobility Fintech Moove Closes $8 Million to Expand Vehicle Fleet in Ghana
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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African Development Bank to Make US $11 Million Equity Investment in BluePeak Private Capital Fund
The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- manufacturing, MSMEs
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Cavli Wireless Secures $10 Million in Series A Funding to Expand Cellular IoT Solutions
With the newly secured Series A funding, Cavli aims to strengthen its position in the global IoT market by expanding its product portfolio.
- Categories
- Technology
- Region
- Global
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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COVID-19 Vaccine Scheme for Poorest Has $2.6 Billion Left to Spend as Pandemic Recedes
Several billions of dollars left in a scheme to deliver COVID-19 vaccines to the world’s poorest could be diverted to prepare for other pandemics.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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