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

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.

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? Africa’s inaugural climate summit #165

Climate Tech VC

Leaders sought to position the continent’s renewables potential and mineral resources as climate investment opportunities and get nations on the same page ahead of COP28. More domestic refining and processing of the raw materials for batteries and other critical mineral deposits located in Africa.

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

Charged

In India, Hero MotoCorp offers an electric scooter for under $1,800. India is subsidizing electrification—the government plans to invest $1.2 His company operates some 60 electric motorcycle taxis, locally known as boda-bodas , on the roads in Nairobi. Ride-sharing companies such as Ola are beginning to electrify.

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KCB Foundation & UNITAR Partner To Promote Electric Motorbikes For Boda-Boda Riders In Kenya

CleanTechnica

As part of the effort towards accelerating the transition to a low-carbon resilient economy and enable the transition of 25% of the total loan portfolio to green investments by 2025, and also as part of the KCB Net Zero ambition, The KCB Foundation and the United Nations Institute for Training and Research (UNITAR) have partnered […].

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ARC Ride Partners With Musashi Seimitsu & Watu

CleanTechnica

ARC Ride, a British-Kenyan firm with a focus on providing safe and reliable transport and mobility services through smart electric vehicle solutions and proprietary platform, has announced a new strategic partnership and equity investment by Musashi Seimitsu and Watu.

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Opibus Secures $7.5 Million In Funding — Sub-Saharan Africa’s Largest Ever Fundraise In Electric Mobility

CleanTechnica

Opibus, a Swedish-Kenyan technology company that develops, designs, and manufactures electric vehicles tailored for the African continent, has just secured sub-Saharan Africa’s largest ever fundraise in electromobility.

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Ampersand Secures Sub-Saharan Africa’s Largest-Ever Private Investment In Electric Mobility

CleanTechnica

While record market shares in developed nations such as Norway, Germany, and the United Kingdom have been catalyzed by generous incentives and progressive policy, the transition in Africa will most likely be driven by the unit economics in key sectors. In east Africa for […].

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