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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7

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Kenya & European Commission Sign €348 Million Financing Agreement For Electric Bus Rapid Lane

CleanTechnica EVs

Kenya and the European Commission have reached an agreement for a €347.6 million financing arrangement for East Africa’s first dedicated electric bus rapid lane.

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Family Bank & BasiGo Sign Electric Bus Financing Deal In Kenya

CleanTechnica EVs

Kenya’s electric mobility sector is starting to get really exciting and gaining some significant traction. Financing facilities are critical to the growth of any sector, and this will be a key enabler for Kenya’s electric mobility industry.

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NopeaRide Is Launching SolarHub EV Charging Stations In Kenya

CleanTechnica EVs

EkoRent Africa’s NopeaRide, Africa’s first all-electric ride-hailing taxi firm and delivery service (Nopea Xpress), has received funding from EEP Africa for piloting solar electric vehicle charging stations in Kenya. The first hub will be […].

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Kenya’s Largest Commercial Bank, KCB, Partners With BasiGo Kenya To Finance Electric Buses For Public Transport Operators

CleanTechnica EVs

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

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Kenya’s Largest Bank To Provide 100% Financing For Riders To Acquire 100,000 Electric Motorcycles!

CleanTechnica EVs

The Group is headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, South Sudan, Tanzania, Uganda, and Burundi. The KCB Group is the largest financial services organization in East Africa in terms of asset size.

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Watu Credit Partners With ARC Ride to Increase Number of EV Battery Swap Stations in Nairobi

CleanTechnica EVs

Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 per day).

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