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BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

TechCrunch

“With East Africa’s abundant renewable energy, this market can leapfrog to clean, modern electric transit at the exact moment that African cities emerge as the next center of economic growth. BasiGo plans to supply over 1,000 mass transit electric buses to transport operators in Nairobi over the next five years.

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Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses

Source Link

Research included in the report demonstrates that “regions and local economies with strong entrepreneurship bases achieve faster and more sustainable economic growth.”. Distance and transportation. during the next three years , the equivalent of $84.5 billion per year.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

(April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.

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African Startups Raising Investment to Further Drive Economic and Social Impact

Impact Hub

Transportation and storage. Stay tuned to find out more about the final investment event , which will be held be held from March 8 to 11. The post African Startups Raising Investment to Further Drive Economic and Social Impact appeared first on Impact Hub.

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Tunisian enterprise AI startup InstaDeep raises $100M from AI Capital, BioNTech, Google

TechCrunch

They can range from a large shipping company finding ways to efficiently transport thousands of containers to a railway station, with more than 30,000 kilometres of railway, trying to automate scheduling for 10,000 trains. When InstaDeep launched, Africa wasn’t in the picture detailing AI’s contribution to global economic growth.

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

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Unlocking Prosperity and Progress: Latinos at the Helm of Nearshoring’s Potential

Entrepreneurs' Organization

Should Latino companies simply bide their time, hoping for the winds of investment to bring economic growth their way? Its strategic proximity, coupled with the ease of trade due to various international agreements, a skilled workforce, and efficient transportation infrastructure, make it an appealing choice.