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Bolt Axes 5,000 Drivers on Non-compliance, Safety Concerns
The firm stated that it will continue to permanently block both drivers and riders, reported for any misconduct, from accessing the platform.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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EchoVC Has a $2.5 Million Fund and It’s Not for Fintech Startups
Energy and climate-tech startups have attracted more investments from venture capital firms this year, displacing investments into fintech companies.
- Categories
- Agriculture, Transportation
- Region
- Sub-Saharan Africa
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Big Oil Gets Into EVs? ExxonMobil’s US Lithium Mine Could Mean Cheaper Cars
Buying lithium drilled by ExxonMobil in southern Arkansas could help some automakers qualify for the full EV tax credit, but it brings up thorny environmental questions.
- Categories
- Technology, Transportation
- Region
- Global
- Tags
- electric vehicles, mining, scale
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A Rush for Lithium in Africa Risks Fuelling Corruption and Failing Citizens
Cases show that as the lithium rush ramps up, some of the risks facing mineral-rich countries are all too real.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Government Of Ghana Waives Import Duties On Electric Vehicles For Public Transportation
The government of Ghana has been working on a policy framework to move public transportation from the use of petroleum fuels to electric vehicles.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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InDrive Launches Ventures and M&A Arm to Invest $100 Million in Startups Across Emerging Markets
InDrive will be investing vertically and horizontally from the ride-hail industry, with an eye toward either acquiring or using the services of those companies.
- Categories
- Investing, Transportation
- Region
- Global
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Bolt Food to Close South Africa, Nigeria Operations
Rising petrol prices, inflation and the economic downturn are some of the macro-economic factors negatively affecting the food delivery market.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Local Investors Are Shying Away from Africa’s EV Revolution
A lack of local investment in African electric vehicle companies threatens the growth of the continent’s green transportation sector.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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