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IFC and Super App Gozem Have Signed a Partnership Deal Worth $10 Million
Following the signing of a partnership worth $10 million between the International Finance Corporation and Super app Gozem 6,000 moto-taxi drivers in the countries of Benin and Togo will now have access to vehicles financing.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Shriram Transport Finance Raises $250 Million Loan From Development Finance Corporation
The transport finance company had earlier raised another $475 million in bonds from the international market during the start of this year.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: M Auto Becomes the Largest E-Vehicle Company in Africa
Simultaneous launch in Togo and Benin gives Africans unprecedented access to green and affordable electric powered two-wheelers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tesla to Build EV and Battery Storage Factory in Indonesia
It would be Tesla’s third electric vehicle factory outside its home market, and would help to supply growing demand for electric vehicles in the South-East Asian and Pacific region.
- Categories
- Energy, Technology
- Region
- South Asia
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What Elon Musk Gets Right and Wrong About ESG
Musk is right that ESG needs an overhaul—but not, as he said, because it only measures “how compliant your business is with the leftist agenda.”
- Categories
- Investing
- Region
- Global
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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology
- Region
- South Asia
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Analysis: Small Electric Vehicles Can Act as Productive Use of Energy Catalysts for Rural Minigrids
Minigrids can power two and three-wheeled electric vehicles at a matching price with fossil-fuel alternatives.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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CATL to Partner With Indonesian State Companies on $6 Billion Electric Vehicle Battery Project
Contemporary Amperex Technology Co. and two state-owned companies in Indonesia plan to jointly develop a $6 billion electric-vehicle battery integration project, capitalizing on the bigger shift by the auto industry toward battery-powered vehicles.
- Categories
- Energy, Environment
- Region
- South Asia