BasiGo Secures $42m Funding For SSA’s Electric Public Transport Project

BasiGo, the leading provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42 million in new capital. The funding round consists of $24 million in Series A equityfunding along with $17.5 million in debt facilities from British International Investment (BII) and the U.S. Development Finance Corporation (DFC). The equity funding round is led by Africa50, the pan-African infrastructure [...]

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