Taxi hailing service launches US$11.03m Environmental Impact Fund

KENYA – Bolt (Formerly Taxify), Taxi hailing service, has launched a dedicated environmental impact fund with seed capital of €10 million (US$11.03m) aimed at initiatives which deliver global social and environmental benefits. According to Techweez, Bolt’s environmental impact fund forms part of the company’s wider environmental strategy known as ‘the Green Plan’ which focuses on a long-term commitment to reduce the ecological footprint of Bolt as a company. The fund will support M-KOPA, a company in East Africa that is helping families in Kenya, Uganda and Tanzania switch from high-cost…

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