BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

Kenya-based EV startup BasiGo has closed $4.3 million in seed funding, three months after setting up operations in East Africa’s biggest economy, to provide clean-energy mass transit vehicles in a country that is heavily-reliant on fossil-fuel buses. The startup said

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Cryptocurrency Adoption in Emerging Markets Can Threaten Financial Stability, Says IMF

The advent of digital currencies in emerging markets could spark “cryptoization” of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday. Bitcoin and its kin have in the last year

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