Smart Freight Centre (SFC) is a leading voice globally for the logistics community, bringing together multinational companies to improve efficiencies and reduce CO²e emissions. In their 2020 Annual Report SFC puts ‘freight in the limelight’ and reflects on the significant impact made across the global logistics community. Since its inception, more than 100 multinationals use…
In a new report Easy Matatu present key insights from its work formalising the minibus taxi industry in Kampala, Uganda. Informal transport is prevalent across greater Kampala, contributing to high traffic congestion and air pollution. With over 16,000 minibus taxis in operation, unregulated services and vehicles often mean customers are forced to use poorly maintained,…
SF partner and Kenyan start-up ASOBO officially launched last week, offering replacement electric engines – or e-boarders – for fishing boats, which are cheaper and more environmentally friendly than traditional petrol engines. Thousands of fishing boats – at present powered by expensive and polluting petrol engines – use Kenya’s Lake Victoria every day. ASOBO plans…
HIGHLIGHTS Seedstars is a Swiss-based group with the mission to impact people’s lives in emerging markets through technology and entrepreneurship, with a particular focus on the Sustainable Development Goals. It does this by: connecting stakeholders; building companies from scratch with public and private partners; and investing in high-growth ventures within these ecosystems. Seedstars aims to…
KEY HIGHLIGHTS Over 1,400 loans disbursed to finance electric vehicles (INR 10+ Crores in disbursement) 90% Loans disbursed to financially underserved (New-To-Credit) customers residing in Tier 3/4 towns and cities of India Founded in 2018, RevFin provides loans to underserved consumers, primarily for financing clean technologies. One example of this is Electric Rickshaw financing which…
KEY FACTS Raised funding to cover pilot, hired initial team, built first operational hub Successfully transformed from trials in 2019 to a handful of paying customers by Q4 2020 Massive reduction in environmental pollution by avoiding GHG emissions and oils spillage caused by petrol engines Increased income for fishers and their families through more affordable…
Shell Foundation recently partnered with Seedstars to look for sustainable, scalable and innovative start-ups addressing universal access to energy-related challenges, as well as sustainable agriculture, mobility and transportation. With co-funding from UKAID, we have launched the Energy, Mobility and Agriculture Innovation Program to find African tech entrepreneurs in the mobility, transportation, energy, and agriculture space…
Nigerian mobility provider MAX.ng has raised NGN400 million (US$1 million) in capital with an innovative bond issue, the first of its kind for the mobility sector in Africa. The bond – comprising one-year fixed interest notes – is managed by DLM Advisory (DLM), a Nigeria-based, regulated full-service developmental investment bank and is the first offering…
The BBC recently featured a video about Shell Foundation’s partner SafeBoda’s partnership with the United Nations Population Fund (UNFPA*) to provide contraception to those in need in Uganda. More than 760 million people globally live in extreme poverty and sexual and reproductive health problems are a leading cause of death and disability for women in the developing world. Young people especially carry…
Covid-19 lockdowns have caused a significant reduction in public transportation services to stop the spread of the virus, presenting a huge challenge for those whose business relies on supplying affordable and safe mobility services. Shell Foundation has supported SafeBoda since 2015. Modernising informal travel in East Africa, the ride hailing app brings together a community…