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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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? Africa’s inaugural climate summit #165

Climate Tech VC

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. More domestic refining and processing of the raw materials for batteries and other critical mineral deposits located in Africa.

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Kenyan Startup Roam Secures $24 Million in Funding to Accelerate Electric Mobility Solutions

CleanTechnica

continued] The post Kenyan Startup Roam Secures $24 Million in Funding to Accelerate Electric Mobility Solutions appeared first on CleanTechnica. The transition to electric mobility is gaining momentum around the world. For example, the electric two-wheeler market has been growing.

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Powerhive Announces Strategic Partnership with Mobius Motors to Boost Local Assembly Capabilities in Kenya

CleanTechnica

The electric motorcycle industry in East Africa has been developing nicely over the past 5 years. Several startups have been. continued] The post Powerhive Announces Strategic Partnership with Mobius Motors to Boost Local Assembly Capabilities in Kenya appeared first on CleanTechnica.

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Solutions Africa Introduces Electric Tuk-Tuks In Kenya

CleanTechnica

There are over 15 startups in the sector that are at different stages in their development. The electric 2-wheeler market in Kenya has been getting a lot of attention. After several years of pilot programs, a lot of them are now ramping up their operations. 285,203 ICE motorcycles were registered in Kenya in 2021, so […]

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Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles.

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1.4 Million Riders, 22 Million Rides Per Day: Kenya’s Fascinating Motorcycle Taxi Industry Ripe For Electrification

CleanTechnica

Several startups have set out to providw a new avenue for motorcycle taxi riders to lower their operating costs, increase their earnings, and ultimately build some savings by switching to electric motorcycles.