- Treepz, a Nigerian vehicle rental firm, expands into Kenya
- Kenyan mobility startup eWAKA has received $540,000 in funding
- Toyota intends to produce electric vehicles in South Africa
- KenGen plans to acquire more EVs and build power stations
- Kenya's electric motorcycle drive is boosted by battery swapping
- Electric tricycles from Mobility for Africa receive $2m from Infraco
- Kengen introduces four EVs in an effort to expand into the e-mobility sector
- Global Auto is named as the BMW Group's Egyptian importer
- Redawa Motors signed MoU to form first Ethiopian industrial park
- American EV start-up Rivian partners with Kenya's MWCT
Rwanda Innovation Fund to invest in MAX.ng’s electric vehicles
The Rwanda Innovation Fund (RIF) is investing in Metro Africa Xpress (MAX.ng), a platform located in Lagos, Nigeria that links individuals with African motorbike cab drivers. The RIF, which is managed by Angaza Capital, invests in firms devoted to sustainable development on the continent through smart and sustainable technology such as MAX.ng.
Posted on : 26 Mar,2023 | News Source : ABNews