(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) PacifiCorp court win could reduce wildfire damages by $1B or more An Oregon Court of Appeals ruling this week accepted PacifiCorp’s argument the judge in a 2023 trial mistakenly…
Across much of Africa, motorcycles are not leisure vehicles. They are workhorses. They carry commuters, schoolchildren, goods, medicines and deliveries. For millions of people, they provide the most affordable and accessible form of transport, while also creating livelihoods for riders and small businesses. In many places, they fill the gap left by limited public transport….
If left unchanged, the new policy could have unintended consequences for SA’s broader economic and energy objectives, warns Zero Carbon Charge. The South African National Roads Agency’s (Sanral’s) proposed overhaul of its rest and service facilities (RSF) policy could derail private investment in electric vehicle (EV) infrastructure at a critical time for the country’s energy…
GoMetro’s Justin Coetzee GoMetro, the company behind South Africa’s first electric minibus taxi, plans to begin operating its eKamva vehicles on routes serving Century City in Cape Town from October this year. Speaking to Cape Talk’s Lester Kiewit on Monday, GoMetro founder and CEO Justin Coetzee said the company has spent the past two years…
The cost of electric vehicles (EVs) has long looked like a barrier to adoption in Africa. Most researchers didn’t expect battery power to become affordable enough to replace petrol or diesel on the continent before 2040. But falling battery costs, surging global EV production and abundant solar resources are changing that view. Our new research…
Steven Santini, Vice President: Secure Power, Sub-Saharan Africa of Schneider Electric. Schneider Electric has appointed Steven Santini as VP of secure power for sub-Saharan Africa. The division is responsible for operational technologies used to safeguard data centres, distributed IT and other systems. According to Schneider, Santini will focus on expanding the company’s secure power ecosystem…
Roam has launched a digital platform that connects electric vehicles to a centralized monitoring system designed for fleet operators across Africa. The system, called Roam Explorer, tracks battery health, vehicle performance, location and usage in real time. It connects electric motorcycles, tuk-tuks, buses and cars to a digital platform accessible through mobile devices. Founded in…
Kenya-based electric mobility company Spiro has secured $50 million in new funding to expand its battery-swapping network and electric two-wheeler operations across Africa. The round includes debt financing from Afreximbank and participation from Nithio and Africa Go Green Fund, managed by Cygnum Capital. It follows a $100 million raise announced last year. Spiro operates assembly…
Hurricane Electric, the world’s largest IPv6-native Internet backbone, announced today that it has established a new Point of Presence (PoP) at Open Access Data Centres DUR1, located at 3 Oppenheimer Road, Durban 4000, South Africa. OADC DUR1 offers a secure, carrier-neutral colocation environment with access to regional and international telecommunications providers and Internet exchanges. Situated…
Uber is officially transitioning from the road to the sky. On Wednesday, the ride-hailing giant previewed its long-awaited air taxi booking service, which is slated to launch in Dubai later this year. The program utilizes electric vertical take-off and landing (eVTOL) aircraft from Joby Aviation, fully integrating aerial travel into the existing Uber app ecosystem….
