-
Kenya Vehicle Manufacturers, Basigo Roll Out High-Volume Electric Bus Assembly Plant, Target 1000 Units by 2027
Basigo Kenya Managing Director Moses Nderitu said the new pilot plant will pave way for serial production moving from three units to 20 units per month by the end of the year.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
-
Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
-
Press Release: Spark+ GP Announces Second and Third Closings of Spark+ Africa Fund With Current AUM of USD $64 Million
Spark+ is the first impact debt fund dedicated to growing the clean cooking sector across sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Reshaping Africa’s Food Systems: Three Opportunities to Drive Sustainable, Inclusive and Scalable Impact
Africa's agricultural sector is plagued by low yields, fragmented value chains and a large finance gap, and the region is home to 60% of the world’s uncultivated arable land. As Neil Wood, Oscar Garza and Hanna Dohrenbusch at Open Capital explain, these challenges have brought the sector to a critical juncture. They share three key solutions based on Open Capital's work on 450+ agriculture and food systems projects across Africa, which have the power to help drive the future of agriculture on the continent in the decades to come.
- Categories
- Agriculture, Energy, Environment, Investing, Technology
-
Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
-
Tanzania Receives Electric SGR Trains From South Korea
The locomotives, acquired from Hyundai Rotem in South Korea, can carry up to 589 passengers and travel at average speeds of 160km per hour.
- Categories
- Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
-
Apple Made $14 Billion Worth of IPhones in India as It Shifts Away From China
The smartphone giant has been cutting its reliance on China as geopolitical tensions fester.
- Categories
- Technology
- Region
- Asia Pacific
-
Malaria Vaccine Rollout Shines Light on Value of Renewable Power
Millions to be vaccinated in huge public health effort against Malaria, which kills 608,000 a year.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa