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Indonesia Says Tesla Plans to Invest in Battery Material Facility
Indonesia said last week that it would give automakers two more years to qualify for EV incentives, trying to attract more investment as it races with Thailand and India to build an EV industry.
- Categories
- Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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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