Category: Key developments

E-mobility startup Ampersand has announced a strategic partnership with CrossBoundary Energy to provide solar-powered charging solutions for its electric two-wheeler (E2W) motorbikes in Kenya.

Ghanaian startup Kofa, a pioneer in battery network solutions, is expanding its operations in the country through a GBP6.15 million (US$8 million) special purpose vehicle (SPV).

Acasia Group, a prominent multi-incubator operator and angel investment syndicate in Egypt, has been acquired by Sultan Ventures, a US-based venture firm.

Nigerian automaker Innoson Vehicle Manufacturing Company (IVM) has made a significant stride in the country’s automotive industry with the unveiling of its first locally produced electric vehicle.

AfriLabs, the leading network of technology and innovation hubs in Africa, has announced the addition of 18 new hubs to its community.

Liquid Intelligent Technologies has announced a strategic partnership with US-based Globalstar to deliver cutting-edge 5G connectivity solutions across Africa, the Middle East, and the Gulf region.

Treepz, a leading African corporate mobility startup, has achieved a significant milestone by successfully completing the continent’s first cross-border rental trip between Nigeria and Benin Republic.

Eastgate Shopping Centre is set to become the proud owner of Africa’s largest registered rooftop solar installation. The final phase of the project is expected to be completed by the end of the year.

South African fintech startup, NeoNomad, has introduced Africa’s inaugural hybrid exchange platform, a groundbreaking web application designed to revolutionize financial services across the continent.