Given the transportation sector is the second highest contributor to greenhouse gas emissions, the urban logistics sector in Africa and across the globe urgently needs to adopt new technologies and business models to fight climate change, which disproportionately affects African countries.
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers Ltd (AVA) to assemble its buses in the country.
Mastercard and Ubirider partner to provide mobility-as-a-service solutions for transit operators globally
Through this partnership, Mastercard and Ubirider will look to expand on the early success of the products in Portugal to simplify access and payments for mobility services.
Glovo's data on key trends shaping 2022 in the Kenyan market shows a 160% increase in local food orders compared to 2021.
Bolt has appointed Takura Malaba as the new Regional Manager for East and Southern Africa, effective 1st January 2023. Takura takes over from Kenneth Micah.
Ride-hailing company Bolt has partnered with Nigerian fintech firm CredPal to introduce ride-now pay-later services to its customers.
Customers on the taxi-hailing platform Bolt prefer shorter trips that are less than 10km with more than 5 million rides taken over short distances. This is according to the firm’s 2022 end-of-year data insights released last week.
Integrated mobility solutions provider Zeda, listed its shares on the main board of the Johannesburg Stock Exchange (JSE), giving investors an opportunity to add to their portfolios a company at the forefront of mobility in Southern Africa.
Zeda, which has long-term license agreements to operate the leading car rental brands Avis and Budget, listed on the JSE as the only company providing tailored short-, medium- and long-term car rental and vehicle fleet leasing services from within one service provider.
Nigeria’s mobility fintech startup Moove has raised $30 million to expand its electric vehicle fleet in the MENA region. The funding was raised from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd.
Energy producer, Kenya Electricity Generating Company PLC (KenGen) has launched a pilot project for Electric Vehicles (EVs) in Kenya, a move it says is to support its diversification ambitions in the e-mobility sector.
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54, the corporate venture capital arm of Toyota Tsusho; Trucks VC, a transportation-focused venture capital fund in Silicon Valley.
MAX, a leading mobility and technology company, has announced its entry into the Ghanaian market with the appointment of David Hoyme as Director of International Growth and Expansion.
YEGO Global, a Rwandese ride-sharing platform has entered the Kenyan market to take on Uber and Bolt through its subsidiary – YEGO Mobility Kenya Limited.
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in debt financing from Emso Asset Management
La RDC rejoint ainsi le réseau Winpart by CFAO dédié à la vente de pièces détachées et produits à un prix abordable pour l’entretien et la réparation de véhicules multimarques.
Kenyan-Swedish electric vehicle manufacturer Roam has launched the first mass transit electric bus to ply various routes in Nairobi.
Moove launched in London in August with a 100% EV rent-to-buy model that provides access to brand-new, zero-emissions vehicles to mobility entrepreneurs for a flat weekly fee.
KCB customers in the Public Service Vehicle industry will now be able to access flexible financing options in a deal between KCB Bank Kenya and BasiGo.
Electric bus manufacturers are always trying to improve efficiency and increase the range of their vehicles.
La startup d’e-mobilité M Auto "devient la plus grande entreprise de véhicules électriques en Afrique"
M Auto est une alternative à moindre coût aux véhicules thermiques qui est à la fois plus accessible grâce au modèle "pay as you go" ou "rent to own" (louer pour devenir propriétaire) et moins cher à long terme qu'une moto thermique
Baptisés « Greenrides », ces véhicules disposant d’une batterie rechargeable sur une borne alimentée à l’énergie solaire, et jouissant d’une autonomie de 250 km une fois chargés à 100%, font essentiellement des courses, dont le prix est identique à celui de la course à bord de véhicules ordinaires, apprend-on.
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber.
STIMA, a battery swapping technology company has partnered OneElectric, an Indian manufacturer of electric motorcycles to supply more than 3,000 electric motorcycles in Kenya.
Yango Cameroun a révélé un nouvel arrangement avec la jeune entreprise de mobilité Bee Group dans le but de transformer le secteur du transport dans le pays.
Bridgestone has announced a collaboration with Microsoft to use Microsoft Azure to accelerate development and go-to-market strategies in support of Bridgestone’s digital transformation and sustainable solutions portfolio.
Africa’s first corporate clean mobility bond has been launched by Morocco’s national railway operator (ONCF). FSD Africa provided technical assistance for the green certification process of this bond.
Yamaha Motor Corporation has announced a strategic partnership with Metro Africa Xpress Inc. (MAX) - Africa’s first mobility technology platform to finance and maintain over 50,000 vehicles over the next 2 years.
Moove, the world’s first mobility fintech, has secured a financing facility totalling R300 million (US$20 million) from Absa Corporate and Investment Banking, making this the first bank relationship for the two-year old company.
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.
Trading across borders between Guinea, Sierra Leone and Liberia to be made easier for small-scale traders and women.
Woolpert expands partnership with Google to support Google Maps platform in Europe, Middle East and Africa
Woolpert announced it is expanding its partnership with Google to provide Google Maps Platform services in Europe, Middle East and Africa.
J&T Express (J&T), an international express logistics company, announced it has officially launched its network in Egypt, another major step in J&T's expansion in the Middle East North Africa (MENA) region.
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
The recent decision by the International Fund for Agricultural Development (IFAD) to open an office serving the East and Southern African regions is a pointer to the crucial role farmers play in the region play in the East African, continental and global food systems.
Swvl has announced that it is pausing its daily and city to city rides in Kenya. The mass transit and shared mobility provider has been offering three services in the country, this includes SWVL Daly, City-City and Business-Business.
Bridgestone Middle East, India, and Africa (EMEIA) put green mobility in the spotlight anew during its participation at the premier Automechanika on Sustainability.
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.
This week, lawyers across Africa commented on the continent’s urgent need for data privacy and security laws among other top stories of the week.
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network
Swvl, the mass transit and shared mobility provider has officially been listed on the NASDAQ stock market in New York.
[Nigeria Business Week] Andrea Ayemoba: Government, experts look to non-oil exports for economic recovery
The math is really simple – a rise in fuel prices leads to a rise in price in everything on the market because it costs more to transport it.
eWAKA , Africa’s new market entrant that is spearheading sustainable mobility options to enhance the region’s economic prospects, has officially launched a green response to Africa’s expanding transportation requirements.
The startup ecosystem in Africa is taking shape. A lot of technological innovations especially in the areas of fintech, e-mobility, e-commerce, healthtech, foodtech and cleantech have seen accelerated growth towards Africa’s digital transformation and innovation.
The European Bank of Reconstruction and Development (EBRD) is supporting the expansion of bus transportation in Egypt, boosting its quality and improving access to transport for women by investing in Swvl, an on-demand bus-hailing company.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck announced it has secured $4 million in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the United States.
African mobility fintech company Moove secures $10 million financing to support expansion to West Africa
NBK Capital Partners Mezzanine Fund II has announced that it closed a $ 10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech Moove.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent.
In a step towards regularizing labour migration, Libya and Niger signed a memorandum of understanding that seeks to protect migrant workers through effective work visa issuance before employment and to better respond to Libya's labour market needs.
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Moove, an African mobility fintech, has signed an exclusive partnership with Lori Systems, an e-logistics company in Africa.
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.
Global innovation platform Plug and Play is partnering with the Egyptian Information Technology Industry Development Agency (ITIDA), to launch an Open Innovation Hub in Cairo.
Alternet Systems, Inc. (ALYI), announced finalizing terms to deliver 3 wheeled electric vehicles (EV) into the taxi market in Ethiopia.
Hapag-Lloyd announced it opened its own offices in Morocco. With this additional presence in the country, the company continues to realize its growth ambitions in the most attractive markets of North Africa.
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland dry port in Egypt, in 6th of October City, west of Cairo, with a €25 million loan to October Dry Port Company.
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.
[Africa Tech Review] Duncan Mochama: Kenya and Nigeria fastest growing data center markets in Africa
Africa is poised for a data centre boom as internet penetration rates rise and the continent begins to play catch-up with other regions. Kenya and Nigeria have been described as some of the top markets to watch out for.
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.
The International Renewable Energy Agency (IRENA) and the Electric Power Research Institute (EPRI) signed an MoU to advance the global electrification of the energy sector based on renewables and energy efficiency.
A national motorcycle helmet coalition is to be established in Kenya as part of a major effort to increase motorcycle and motorised three-wheeler safety for riders and their passengers.
Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, introduced another Sustainable Marine Fuel (SMF) service for ocean freight as part of its sustainability strategy.
IAA, Inc., the global digital marketplace connecting vehicle buyers and sellers, announced a strategic market alliance in Nigeria with Boacon Autos.
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
The Department of Trade, Industry and Competition (the dtic) has released a Green Paper on the advancement of new energy vehicles in South Africa as part of a series of policy papers accompanying the 2021 Budget Vote for the Department.
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
Sasol and Toyota South Africa Motors (TSAM) announced the formation of a partnership to commence exploration of the development of a green hydrogen mobility ecosystem in South Africa.
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.
Volkswagen Mobility Solutions Rwanda unveiled a new charging station, thanks to a partnership between the company, Siemens and Radisson Blue Hotel.
IFC invests in Bolt to expand mobility solutions, facilitate inclusive transport in emerging markets
IFC, a member of the World Bank Group, is investing in the global mobility platform Bolt to help expand access to mobility and delivery services in underserved urban areas in Africa and Eastern Europe, including in South Africa, Nigeria, and Ukraine.