BasiGo secures $42 million to expand electric public transportation in Sub-Saharan Africa

BasiGo, a prominent provider of electric bus solutions in sub-Saharan Africa, has just announced a substantial infusion of new capital totaling US$42 million. This financial boost includes US$24 million from a Series A equity funding round and US$17.5 million in debt facilities, contributed by British International Investment (BII) and the U.S. Development Finance Corporation (DFC). … Continue reading BasiGo secures $42 million to expand electric public transportation in Sub-Saharan Africa