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Google Is Using Maps to Try and Bring Order to One of Africa’s Most Chaotic Cities
The service now has a new “informal directions” interface dedicated to traveling with public transport buses, known locally as danfo. The interface will also include danfo fare estimates and levels of busyness at local bus stops.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Uber Is Pivoting to Fintech, Something Asian Startups Have Been Doing for Years
The fintech pivot has been important part of the playbook for Asian ride-hailing companies for years. India’s Ola made fintech a priority in 2015 after spinning out its payment service, Ola Money, into a standalone app, according to Tech Crunch. Indonesia’s Go-Jek started its Go-Pay service in 2016, while Malaysia’s Grab made a major push into fintech two years ago.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Uber is paying $3.1BN to pick up Middle East rival Careem
It says it will acquire all of Careem’s mobility, delivery, and payments businesses across the greater Middle East region, which it notes ranges from Morocco to Pakistan.
- Categories
- Technology
- Region
- North Africa & Near East
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Alibaba, Tencent and other major names form $1.45B ride-hailing venture
The big pile of cash will go towards “car-sharing services powered by renewable energy,” an offering that nicely aligns with Beijing’s push to electrify the transportation sector
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Seeing the Road Ahead: Women in the Driver’s Seat for Change
Esenam Nyador knows it’s not enough to just give women opportunities in the male-dominated taxi business in Ghana. She’s focused on shifting the mindsets of taxi companies, male drivers and the general public to build an inclusive environment for females to thrive – not just to drive. Nyador is one of several women profiled by Jennifer Vogt, Innovation Manager at Ashoka Social Financial Services. As we near International Women’s Day, Vogt showcases several women who are not only challenging male-dominated workplaces, but the entire systems enabling them.
- Categories
- Entrepreneurship, Technology
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Uber, JUMO partner to roll out vehicle finance platform
According to a statement released by JUMO, the product has been successfully piloted in Kenya, with the intention to expand the offering across Sub-Saharan Africa in 2019.
- Region
- Sub-Saharan Africa
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Electrifying Transportation: Can This Innovative Financing Model Make Electric Buses a Global Reality?
Electrifying transportation at scale is critical to fighting climate change and urban pollution. And with their affordable battery costs and lower fuel and maintenance expenses, transit buses present an excellent business case for electrification. So what is preventing the rapid deployment of electric buses worldwide? Clean Energy Works founder Holmes Hummel discusses the main barrier to adoption – and an innovative financing solution that could turn things around.
- Categories
- Energy, Environment, Investing
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Cash triumphs in Kenya’s public buses as train, taxis embrace cashless system
The cashless system had the backing of the government, top telecommunication firms and banks, which touted the cards as the panacea to end corruption on the road and curb haphazard fare increases.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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