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British company Bboxx and EV firm Spiro team up to accelerate electric mobility in 3 African countries

Key Developments

British company Bboxx and EV firm Spiro team up to accelerate electric mobility in 3 African countries

Bboxx, a leading provider of clean energy solutions, has joined forces with Spiro, a prominent electric mobility company, to accelerate the adoption of electric vehicles (EVs) in three African countries.
 

The partnership aims to revolutionize transportation in the region, reduce carbon emissions, and pave the way for a greener future.

The three countries selected for this transformative initiative are Kenya, Togo, and Rwanda.

Bboxx is widely recognized for its innovative solar-powered solutions, offering clean and affordable electricity to off-grid communities in Africa and beyond.

The company’s partnership with Spiro, an electric vehicle mobility startup, is expected to extend the reach of clean energy into the transportation sector and contribute significantly to reducing the carbon footprint in the selected countries.

Spiro brings its expertise in developing electric two-wheelers, a popular mode of transportation in densely populated urban areas across Africa.

By combining Bboxx’s solar energy infrastructure with Spiro’s electric scooters and motorcycles, the partnership aims to create a powerful and sustainable mobility solution that caters to the needs of commuters and delivery services alike.

The three selected countries present an ideal setting for the adoption of electric mobility solutions.

In Kenya, the bustling urban centers and rapidly growing population make sustainable transportation options a necessity.

In Rwanda, the East African country has made a commitment to environmental sustainability and green initiatives.

The joint efforts of Bboxx and Spiro are expected to result in the deployment of electric scooters and motorcycles in key urban areas within the three countries. 

These electric vehicles will be powered by Bboxx’s solar-powered charging stations, reducing the reliance on fossil fuels and contributing to cleaner air and reduced greenhouse gas emissions.

As Africa continues to face the challenges of rapid urbanization and climate change, the Bboxx-Spiro partnership stands as a shining example of how innovation and collaboration can address these issues head-on.

By accelerating the adoption of electric mobility, this transformative initiative has the potential to create a significant positive impact on the environment, public health, and the overall quality of life for people across Kenya, Togo, and Rwanda.

The partnership’s success is expected to inspire similar endeavors in other African nations, further propelling the continent towards a sustainable and carbon-neutral future.

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Ghana’s Venture Capital Trust Fund Leads $10.5M Investment in Mirepa’s Maiden Fund To Support SMEs

New Investments

Ghana's Venture Capital Trust Fund Leads $10.5 Million Investment in Mirepa's Fund For SMEs

Ghana’s Venture Capital Trust Fund (VCTF) has led a $10.5 million investment in Mirepa’s Maiden Fund..

The investment marks a significant milestone in Ghana’s efforts to support local entrepreneurship.

Mirepa’s Maiden Fund, a pioneering venture capital fund launched by Mirepa Capital, aims to fill the funding gap for Ghanaian small and medium-sized enterprises (SMEs).

The fund will primarily focus on companies in the technology, fintech, health tech, and renewable energy sectors.

Mirepa’s Maiden Fund seeks to drive job creation and contribute to sustainable development by investing in these innovative ventures.

The investment in Mirepa’s Maiden Fund is expected to attract additional contributions from local and international investors, further boosting the fund’s firepower to support budding entrepreneurs.

As Ghana continues to foster a conducive environment for SMEs, the collaboration between Ghana’s Venture Capital Trust Fund and Mirepa’s Maiden Fund is poised to play a pivotal role in catalyzing the growth of innovative ventures and creating job opportunities.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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