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Press Release: Impact Startup betteries Secures €2.1 Million Seed Funding to Upcycle Electric Vehicle (EV) Batteries and to Avert Climate Change
Impact startup betteries upcycles 2nd life electric vehicle (EV) batteries to accelerate the transition to renewables and is well positioned to deliver scalable CO2 savings and protect scarce resources.
- Categories
- Energy, Environment, Technology, Transportation
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Uganda’s Tugende Closes $3.6 Million Series A Extension to Meet the Demand for Its Asset Finance Products
The investment, which, according to the company, was agreed on and structured in 2020, follows the $6.3 million raised in November 2020 and led by Toyota Tsusho investment fund Mobility 54. This brings Tugende’s total Series A financing to $9.9 million.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, transportation
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Vietnam Launches First Autonomous Vehicle
The vehicle boasts AI features including 3D maps, Lidar sensors, simultaneous localisation and mapping technology, and incorporates machine and deep learning within its software
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, transportation
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Analysis: Can Infrastructure Projects Drive Emerging Markets’ COVID-19 Recoveries?
Many emerging markets are turning towards infrastructure projects to stimulate the economic recovery from the coranvirus pandemic, with a particular focus on green and sustainable developments.
- Categories
- Coronavirus
- Tags
- infrastructure, SDGs, transportation
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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Bolt Receives a €20 Million Investment From IFC to Increase Access to Mobility Services in Emerging Markets
Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Report: Transition to Electric Motorbikes Could Save Rwanda Rwf9 Billion Annually
The Government of Rwanda is engaging partners and private sector to promote e-mobility that could see phased adoption of electric buses, private cars and motorcycles with a goal to reduce conventional vehicle sales, transport fuel imports which are associated with gas emissions.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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How to Support Entrepreneurs in the Time of Coronavirus
The COVID-19 pandemic is causing falling demand, mandatory store closings, labor shortages and other challenges for businesses around the world – and micro and small businesses are especially vulnerable. How can development organizations help these critical drivers of local economies? Juan Carlos Thomas and Andrea Bettosini at Technoserve provide answers to this question, based on past experience helping businesses weather socio-political upheaval in developing countries.
- Categories
- Coronavirus, Social Enterprise, Transportation
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