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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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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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Jumia Discontinues Food Delivery Across Seven Markets, Shifts Focus to Expanding Physical Goods Business
Jumia is redirecting its focus toward the core physical goods business and maintaining its JumiaPay operations across all 11 markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Africa Sees Sharp Rise in Road Traffic Deaths as Motorbike Taxis Boom
Fatalities rose by 17% in a decade on the continent, despite falling globally, with campaigners calling for stricter safety standards on motorcycle helmets.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- public health
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