Uber set to launch Uber Connect and Uber Hourly for Nigerian market

NIGERIA – Ride-hailing giant Uber has announced that it will be launching two services; Uber Connect and Uber Hourly for the Nigerian market. According to the company, Uber Connect and Uber Hourly will be available in Nigeria in the “next few months”. “We want to bring innovations designed to help people get anywhere and get anything as cities start to move again,” Tope Akinwumi, Uber’s country manager, said in an emailed statement. “As we want to show our commitment to improving the lives of Nigerians, and more importantly, unlocking access…

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Bus hailing startup SWVL expands its operations to Saudi Arabia

EGYPT – SWVL, an Egyptian bus-hailing startup, has launched its operations in Riyadh, Saudi Arabia, its fourth market since it was founded in 2017. The startup is already present in Kenya, Pakistan as well as Egypt. In Riyadh, Saudi Arabia’s capital and main financial hub with a population of close to 8 million, Swvl will join forces with other competitors including Uber, Careem, My Taxi, Jahz and Taxi Watani, among others. In 2018, the Saudi Arabia’s Public Transport Authority (PTA) said there were 20 ride-hailing applications already licensed to run…

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ONCF railway company secures US$362m from AfDB

MOROCCO – The African Development Bank (AfDB) has provided €300 million (US$362.43m) for the Moroccan railway company ONCF, to contribute to the financing of the Moroccan rail network. The focus is on projects that increase the transport capacity of people and goods on the economically important axis Tangier – Casablanca – Marrakech, according to a press release by the AfDB. With this funding, combined with technical assistance, the AfDB supports the modernization of the rail sector in Morocco and contributes to improving the mobility of the population and the logistical…

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E-mobility start-up Ecobodaa secures funding round from Persistent Energy Capital

KENYA – Ecobodaa, an e-mobility start-up working to roll out electric motorbike taxis, has raised a round of funding from Persistent Energy Capital to help its growth ambitions. Founded in 2020 by Kim Chepkoit and Steve Juma, Ecobodaa aims to provide more affordable, safer, connected and environmentally-friendly means of transportation for commuters in African cities, and works on a rent-to-own model so that its riders can eventually own the electric powered motorcycles.  The start-up, which was last year selected for the Nairobi-based Africa Transformative Mobility Accelerator, has now raised a round of funding from Persistent…

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Brightskies, Alexandria University secure US$0.32m to develop Egypt’s first electrical powertrain system

EGYPT – Brightskies, an Egyptian privately owned Technology Company & Digital Transformation enabler, and Alexandria University have secured EGP 5 million (US$0.32m) fund from Egypt’s Information Technology Industry Development Agency (ITIDA) to design and develop the first electrical powertrain system in Egypt. The ‘ZEUS’ project marks a new era for the automotive industry in Egypt as it is the first time for an Egyptian company to design and develop an electrical powertrain system locally. Under this agreement, ITIDA will be funding the ‘ZEUS’ project and developing a link between Egyptian…

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Delivery startup Kwik Delivery launches its services in Abuja

NIGERIA – Kwik Delivery, an on-demand delivery startup, has announced the launch of just-in-time delivery service to businesses, government agencies and merchants in Abuja. This comes two months after the startup raised US$2 million in fundraising and later announced their intentions to expand outside Lagos. Kwik began operation in Lagos in June 2019 and the company provides B2B and B2C delivery services. The Kwik platform is currently open to Kwiksters operating in Lagos State and Abuja. “As the political centre of Nigeria, Abuja is in strong demand for speedy, efficient…

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Ride-sharing service Shuttlers set to expand to Abuja and Accra, seeks funding

NIGERIA – Shuttlers, a Lagos-based ride-sharing service, is seeking to raise US$1.5 million by the end of the second quarter to expand to cities such as Abuja and Accra. The company, according to its CEO Damilola Olokesusi, is also planning to start running school buses in Lagos when the school year starts in September. Shuttlers has run pilot school bus projects but implementation has been held up by Covid-19. Olokesusi co-founded the Shuttlers service, alongside Busola Majekodunmi and Damilola Quadry, in 2015 because as a young graduate she couldn’t afford…

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EkoRent Africa, Infraco finances electric mobility solution NopeaRide

KENYA – EkoRent Africa, a subsidiary of EkoRent Oy has signed a partnership agreement with InfraCo Africa, an investment company of the Private Infrastructure Development Group (PIDG) with an aim of investing US$1.2 million in the NopeaRide electric mobility solution in Nairobi, Kenya. Launched with great fanfare 3 years ago, the NopeaRide electric mobility solution is attracting investors and this is the case for InfraCo Africa. NopeaRide, which is one of the rare 100% electric taxi services on the African continent, has a large fleet of electric vehicles with as…

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AFD provides US$117M loan for expansion of tramway lines in Casablanca

MOROCCO – The French Development Agency (AFD) and Casa Transport en Site Amenage SA have signed a loan agreement of €100 million (US$117m) to expand tramway lines in the city of Casablanca. AFD shared a statement with Morocco World News explaining that the deal seeks to support Casa Transport to establish two new tramways to improve mobility for Casablanca residents. The loan agreement includes a technical assistance grant of €5.5 million (US$6.44m). “This new financial and technical support from AFD to Casa transport consolidates the quality of their partnership relations…

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