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ROAM secures $24M in funding to expand electric mobility in Africa

ROAM secures $24M in funding to expand electric mobility in Africa
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Kenyan EV startup Roam secures $24m to scale production

Roam, a Kenya-based electric vehicle company has secured $24 million in equity and debt to grow its manufacturing capabilities.

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Roam raises $24M to scale electric vehicle production in Kenya

Roam will scale assembly of its Move buses launched last year, months after the company set-up a new and larger motorcycle assembly plant.

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Renew Capital set to fund 50 tech startups in Africa – New Business Ethiopia

Renew Capital set to fund 50 tech startups in Africa – New Business Ethiopia
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Renew Capital Achieves Investment Milestone, Launches Next Pan-African Tech Fund

Investing in asset-light, tech-enabled businesses across AfricaDENVER and NAIROBI, Kenya, Feb. 13, 2024 (GLOBE NEWSWIRE) Amidst a surge of new funds in Africa’s thriving tech sector, Renew Capital has emerged as a distinctive player. With a dual purpose of generating returns for investors and founders, and rebranding Africa’s global image from a place of giving to a place of investing, Renew Capital is making significant strides. Founded by Matt and Laura Davis, who transitioned from their li

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