Uber Invests $100 Million in Moove, an African Mobile Transportation Solutions Platform

Uber investit 100 millions de dollars dans Moove

Ride-hailing giant Uber has announced a $100 million investment in Moove, an African startup specializing in vehicle financing solutions. This transaction, which marks Uber’s first venture capital investment in Africa, aims to support Moove’s growth and facilitate vehicle ownership for Uber drivers across Africa. Founded in 2015, Moove offers innovative and affordable financing solutions to taxi and motorcycle drivers, enabling them to purchase new and used vehicles. The startup uses artificial intelligence technology to assess the creditworthiness of customers and offer them financing plans tailored to their needs. Moove currently…

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Congo: Successful Negotiations Bring an End to Public Transportation Strike

LogisT-Africa – Scheduled to begin this Monday, March 11, 2024, the 3-day strike notice launched on March 4 across the entire Congolese territory by the Syndicate of Public Transport Carriers of Congo (STCCC) has ultimately been suspended. This suspension, announced through a press release by the STCCC, follows successful negotiations with the government, resulting in the fulfillment of all their demands, including: Suspension of Public Transport Permits (ATP): The government has agreed to temporarily halt the issuance of Public Transport Permits. Free Provisional Vehicle Registration: Provisional vehicle registration cards will now…

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Burkina: A new toll to improve revenue and facilitate vehicle passage

(Burkina Faso Information Agency) – The minister in charge of infrastructure, Adama Luc Sorgho, indicated Tuesday that the commissioning of the new modern toll, at the eastern exit of Ouagadougou, will help improve revenues, facilitate the passage of vehicles and also help in surveillance of the territory. The new modern toll will “help improve revenues, facilitate the passage of vehicles and also reduce surveillance (of the territory)”, indicated the minister in charge of infrastructure, Adama Luc Sorgho. According to Mr. Sorgho, the modern toll booth is equipped with cameras that…

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Building a Strong Foundation for Urban Mobility in Africa: Lessons from Urban Transport Authorities

Sub-Saharan Africa stands at a critical juncture, with its cities expanding at an unprecedented rate due to rapid urbanization. This surge in urban populations underscores the urgent need for efficient, well-coordinated transport systems. Acknowledging this critical need, the Africa Transport Policy Program (SSATP) embarked on an in-depth exploration of seven urban mobility organizing authorities within the region, aiming to illuminate both the challenges they face and the successes they’ve achieved. Navigating the Maze: The Quest for Coordination In many African cities, multiple agencies at different levels of government are responsible…

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Roam Secures US$24M in Funding to Accelerate Electric Mobility Solutions in Africa

● Roam secures US$14M in Series A equity funding led by Equator Africa, with notable contributions from At One Ventures, TES Ventures, and others, alongside an additional US$10M debt commitment from the US Government’s International Development Finance Corporation (DFC). ● This funding will enable Roam to expand its production of locally designed and manufactured electric motorcycles and buses, fueling its mission to revolutionize African transportation with innovative products specifically designed for consumers across the continent. Nairobi, Kenya — Kenyan-based electric mobility pioneer, Roam, is accelerating its mission to revolutionise transportation…

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V.A.O.B Facilitates Historic Train Procurement for the Government of Ghana

V.A.O.B, a leading intermediary in the infrastructure sector, has announced the successful sale of its first rolling stock to the Government of Ghana, marking a significant milestone for Ghana’s railway transport sector. This transformative transaction solidifies V.A.O.B’s position as a key player in fostering international collaboration, spearheading the Government of Ghana’s first-ever train purchase from a European country, and simultaneously, ushering Polish manufacturers’ inaugural entry into the African market. The success of this deal sheds light on V.A.O.B’s extensive experience in navigating complex transactions between major stakeholders in the infrastructure…

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DP World and Woolworths introduce Africa’s first axle-powered refrigeration trailer

DP World has partnered with Woolworths to launch the first refrigeration trailer featuring revolutionary AxlePower technology in Africa. This is a groundbreaking development in sustainability for the transportation industry on the continent. AxlePower is an advanced system that transforms ordinary road transport trailers into a source of clean and efficient electricity. Through a specially adapted axle, kinetic energy is converted into electricity, powering the refrigeration unit. This innovative technology offers tractor-independent, 100% electric cooling for trailers, using free and sustainable power that results in zero trailer carbon emissions. Developed in…

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ETHIOPIA TO BAN THE IMPORTATION OF NON-ELECTRIC CARS

By APA-ADDIS ABABA (ETHIOPIA) The Ethiopian Ministry of Transport and Logistics announced on Tuesday that it will only allow the entry of electric vehicles into the country. The ministry made this announcement during the presentation of a semi-annual performance report to the standing committee on urban development and transport of the House of People’s Representatives (Ethiopian Parliament). Alemu Sime, the Minister of Transport and Logistics, revealed the completion of Ethiopia’s logistics master plan, which envisions the implementation of “green transportation” in the East African country. “A decision has been made…

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BasiGo Expands to Rwanda with Electric Bus Pilot Program

BasiGo, a Kenyan-based electric bus supplier, is expanding its operations to Rwanda with the launch of BasiGo Rwanda. The company has partnered with AC Mobility, Rwanda’s provider of automated fare collection systems for public transport, to deliver 200 electric buses to bus operators in Rwanda by the end of 2024. The first electric buses for the capital, Kigali, are expected to be delivered in October 2023. BasiGo has received a grant of USD 1.5 million from the United States Agency for International Development (USAID) to support its electric bus pilot…

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Uganda: Deputy Speaker questions delayed Mpigi – Busega road project

KAMPALA, Uganda, November 8, 2023/APO Group/ — Deputy Speaker Thomas Tayebwa has tasked the leadership at Uganda National Roads Authority (UNRA) to explained the delays in the completion of Mpigi-Busega Expressway.   Tayebwa on Tuesday, 07 November 2023 led a team of legislators from the Physical Infrastructure and National Economy committees on an inspection on-going construction works at Katonga Bridge and Mpigi – Busega Expressway road. “Myself and the current Chairman of the National Economy (Hon. John Bosco Ikojo), strongly participated in the approval of the money for Mpigi –…

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