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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Near-term commitments include 6 GW of clean energy in India alongside considerations for wind and solar in Africa and rural electrification in Latin America. 🛵 Baaz Bikes , a New Delhi, India-based electric scooter manufacturer, raised $8M in Series A funding from Big Capital, Rakuten Capital, Kalaari Capital, and 9Unicorns.   

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Two- and three-wheel EVs delivering more emissions reduction than cars

Charged

In Kenya and Rwanda, where motorcycles often serve as taxis, start-ups are devising innovative ways to overcome roadblocks such as high up-front costs and limited charging infrastructure. In India, Hero MotoCorp offers an electric scooter for under $1,800. Indonesia and Thailand are also encouraging electrification of motorcycle taxis.

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? Africa’s inaugural climate summit #165

Climate Tech VC

Battery recycling attracts another big check with a $542M Series D, and food recycling attracts $70M. The summit also sought to highlight Africa as a destination for climate investments, rather than viewing the continent as predominantly a victim of droughts, famines, and floods. In deals this week, decarbonized steel secures $1.6B.

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Bboxx Wants To Scale Its Reach 10X To Benefit 36 Million People By 2028

CleanTechnica

Bboxx is a data-driven super platform that is working to help transform lives by unlocking potential through connecting consumers and deploying innovative products across Africa. Following its successful acquisition of solar energy frontrunner PEG Africa in 2022, Bboxx is now positively impacting the lives of more than 3.6

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Strong E-Mobility Focus At The Recent Lake Basin Region Innovation & Investment Week In Kisumu

CleanTechnica

Siemens Stiftung Foundation, the United Nations Environment Programme (UNEP), the Deutsche Gesellschaft fĂĽr Internationale Zusammenarbeit GmbH (GIZ), Powering Agriculture, and Wetu recently organized an electric mobility conference in Kisumu, Kenya.