Shekel Mobility Has Raised $7M to Fuel Vehicle Financing in Africa
The company, backed by Y Combinator, supports dealers in discovering, financing, and selling cars in the African used car market, focusing on a segment that constitutes 82% of the market.
BasiGo Secures $1.5 Million Boost to Fuel Expansion into Rwanda
Before now, BasiGo joined forces with AC Mobility, a Rwandan company that provides high-tech systems for collecting fares on public transportation.
Bolt Secures License to Operate in Kenya After Fulfilling NTSA Demands
This good news came after NTSA had refused to issue the ride-hailing service a new license to continue operations in the country earlier this month.
South African Startup WhereIsMyTransport Shuts Down Due to Funding Shortage
WhereIsMyTransport is specialised in mapping both formal and informal public transport networks to enhance the public transport experience, with a focus on safety and accessibility. They even provided their data to governments.
Ghanaian Startup Kofa Partners with Chinese Electric Vehicle Maker to Launch E-Bikes
Kofa's goal is to establish an affordable and user-focused electricity network powered by portable batteries and renewable energy.