Total 89 Posts
One of the associated industries that have gained from the growth of boda boda is the energy sector. It is estimated that boda boda riders spend about 25% of their income on fuel. This would translate to about KShs 250 million spent every day on fuel.
South Africa's WhereIsMyTransport secured a $14,5 million Series A funding round. The investment funding round was led by Naspers Foundry, Cathay AfricInvest Innovation Fund, and SBI Investment.
Autochek has announced the launch of its online truck loans marketplace in Nigeria and Ghana. The startup says the newly announced truck loans online marketplace is the first-of-its-kind in Africa
Vehicles imported from wealthy countries are adding to Africa’s air pollution woes, a global overview of the small vehicle export market has found.
If the main purpose of subsidizing and formalizing South Africa's taxi sector is to bolster operators’ finances so that they pay more taxes, it is doomed to fail. Providing more money to the taxi sector is going to change the national government’s problems with revenue generation.
Automation and the use of robots in manufacturing, combined with new working methods and systems, can have negative social impacts on workers. Increased automation threatens job security in South Africa’s auto industry.