Trucking innovation highlights Africa’s cold storage problem and opportunities

Trucking innovation highlights Africa’s cold storage problem and opportunities

By Bonface Orucho, via bird story agency A new, sustainable method of generating electricity to refrigerate trucks has been introduced into the African cold storage market. As reported by Creamer Media’s Engineering News, Global logistics company DP World partnered with food and clothing retailer Woolworths to unveil a mobile refrigeration trailer in South Africa powered by AxlePower technology. According to Engineering News, the project's AxlePower technology “transforms ordinary […]

February 9, 2024 15

Africa

African startups turn to debt as equity powder dries up

By Conrad Onyango, via bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen […]

January 24, 2024 12