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ROAM Secures $24 Million in Series a Funding to Expand Electric Motorcycle and Bus Production
Aside from fully-electric transit buses, ROAM currently operates East Africa’s largest electric motorcycle plant.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Nigerian-Born Moove Receives $10 Million for India Expansion
The mobility company, which entered India in 2023, states the new fund will help it strengthen its presence in the Indian market and expand operations to new cities, such as Delhi, Pune, and Kolkata.
- Categories
- Technology, Transportation
- Region
- Global
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It Begins: Ethiopia Set to Become First Country to Ban Internal Combustion Cars
Ethiopia is trying to ban ICE vehicles now.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Ampersand, a Rwandan E-Bike Startup, Raises $19.5 Million in a Funding Round
The Ampersand fleet has increased to over a thousand since its commercial launch in May 2019, and by the end of 2024, it is projected to surpass ten thousand.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: IFC Invests in Africa50 Fund to Support Sustainable Infrastructure Development in Africa
The fund aims to invest in projects across Africa, where the private sector is playing an important role supporting infrastructure development.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Driving the EV Transition in LMICs: How Low- and Middle-Income Countries Can Accelerate the Adoption of Electric Vehicles
Amid mounting climate concerns, public health issues and economic challenges, the case for low- and middle-income countries (LMICs) to transition to electric vehicles (EVs) is compelling. Based on the strategies adopted by numerous countries, including many pioneer LMICs, Daphnée Benayoun, Kiran Willmot and Debashish Roychoudhury at Dalberg share four priority drivers that governments should consider to accelerate and manage their EV transition.
- Categories
- Energy, Environment, Technology, Transportation
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Senegal’s Sall Inaugurates E-Bus Fleet of Dakar Public Transport Network
The large-capacity buses (approximately 150 seats) are set to carry some 300,000 passengers a day.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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India’s BluSmart Raises $24 Million to Develop Large-Scale EV Charging Hubs
BluSmart Mobility recently raised US$24 million in a new funding round to develop large-scale EV charging hubs.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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