Notable investors in the fund include British International Investment (BII), the The Global Energy Alliance for People and Planet (GEAPP), UK charity Shell Foundation and impact investor DOEN Participaties B.V. This investment represents a significant boost for the African climate tech ecosystem, providing much-needed capital to support the development and scaling of innovative solutions to the continent’s pressing environmental challenges. With climate change posing a significant threat to African economies and communities, Equator’s investment in these startups has been backed to drive real impact and create sustainable change.
Safeboda, a leading Ugandan ride-hailing platform, announced the launch of a new electric motorcycle option, “Electric Boda,” on its app.
Senegal’s transportation authority, the Executive Council for Sustainable Urban Transport (Cetud), and the Global Green Growth Institute (GGGI) have joined forces to optimize urban mobility in Dakar and other Senegalese cities.
Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
© 2021 Empower Africa. All rights reserved.