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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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Oneport 365 Secures $5 Million in Seed Funding to Help Digitise Africa’s Freight Management
OnePort 365 has bagged $5 Million in seed funding to build an operating system for cross-border trade in Africa.
- Categories
- Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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Japan’s Suzuki to Invest $1.4 Billion for Electric Vehicles at India Factory
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Study: Electrifying Motorcycle Taxis in Kampala, Uganda, Shows Air Pollution Benefits
In a new University of Michigan study, researchers set out to understand the air pollutant emissions impacts of electrifying motorcycle taxis in Kampala, Uganda.
- Region
- Asia Pacific
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Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Entrepreneurship, Technology
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African Mobility Fintech Company Moove Secures $10 Million Financing From NBK Capital Partners
Moove, the African mobility fintech company, has today announced the closing of a US$10 million financing facility from NBK Capital Partners, strengthening the company’s mission to democratise vehicle ownership across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bolt Raises €628 Million, Its Largest Funding Ever, to Boost Growth
The company says it will use part of the funding to accelerate the expansion of its new and existing mobility and delivery products across Eastern African markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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