BUSINESS● LOWJul 12 · Jul 12, 2026, 8:00 AM
How Chinese investors are supercharging Africa’s multibillion-dollar e-bike boom
South China Morning Post
Motorcycle taxis – often called boda-bodas in East Africa and okadas in Nigeria and parts of West Africa – serve as the primary mode of transport for millions in Africa. Now, Chinese investors are pouring funds into the continent’s multibillion-dollar two-wheeler market, driving an energy shift from petrol to electric power. The investors supply essential components and batteries for local assembly, while supporting infrastructure such as battery-swapping networks to ease the transition. Last...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESSnowAbidjan-Paris: the Air France-Air Côte d’Ivoire duo tightens the noose around CorsairJeune AfriqueBUSINESS25m agoHousing is flashing warning signs just as the Fed weighs more interest rate hikesCNBC