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Uber Driver Data in Kenya Helps Bridge Credit Gap
Sidian Bank has approved its first car loans to experienced Uber [UBER.UL] drivers in Kenya, using a model the ride hailing service hopes can be rolled out across countries in Africa where a lack of customer data limits lending.
- Categories
- Transportation, Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Safaricom, Kenya’s Largest Telecom To Launch Taxi Hailing Service To Compete With Uber
Kenya largest telecom, Safaricom, plans to launch a taxi hailing service, known as Littlecabs, that will compete with Uber in the local market.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Uber Kenya and Sidian Bank Launch $100M Vehicle Solutions Programme
Uber and Sidian Bank announced today that they have partnered to launch an innovative Uber Vehicle Solutions Programme that will give driver-partners and business investors convenient and affordable access to the quality vehicles they need to start or grow their Uber-based businesses. This comes shortly after Uber celebrated 1 million rides taken in Kenya since its launch just 15 months ago.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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AMBER Health Sets Out to Be the Uber of India’s Medical Emergency Response System
India’s emergency medical response system has long been criticized for being slow and unresponsive. While the public sector has not openly supported change within the system, the private sector is now yielding new technologies, such as AMBER Health – which has set out to change how Indians deal with emergency medical situation in an Uber-like fashion.
- Categories
- Transportation
- Region
- South Asia
- Tags
- transportation
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Weekly Roundup: Uber, DriveU, Ola and the Greedy Sharing Economy in India
In a typically eventful week in social enterprise, the "social business" buzzword grew more obsolete, and we got a reminder of the many players eager to get their slice of the “sharing economy” - especially in India. Our editors discuss these developments in this roundup.
- Categories
- Investing, Social Enterprise, Technology, Transportation
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DriveU Raises $1 Million From Unitus Seed Fund, Silicon Valley Angel Investors
At a time when ride hailing services such as Ola and Uber are rolling out offers to dissuade consumers from using personal vehicles, DriveU, an on-demand driver provider launched by an early backer of TaxiForSure, has raised about $1 million from Unitus Seed Fund and undisclosed angel investors from the Silicon Valley, said co-founder and chief executive Rahm Shastry.
- Categories
- Investing
- Region
- South Asia
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Uganda’s Kiira Motors Unveils ‘Africa’s First Solar Bus’
A solar-powered bus described by its Ugandan makers as the first in Africa has been driven in public.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Creating an Uber Motorcycle Service in Uganda to Get Expectant Mothers to the Clinic
Naboth is 25-year-olds, boda-boda driver. He’s shy, and warm. His father passed away two years ago. Unable to afford school, he bought a boda-boda to support himself and his family. His mother then sent him to a PSI-supported clinic to talk to Jane — a midwife.
- Categories
- Health Care, Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation