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Bolt Business: Transforming Businesses with Fast, Affordable, and Secure Mobility Solutions

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1 year ago

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Bolt

Tunisia, with its dynamic and diverse economy, has embraced mobility solutions with open arms

NAIROBI, Kenya, September 29, 2023/APO Group/ — 

In the contemporary business landscape, the rapid advancements in technology have opened the doors to transformative possibilities, especially evident in the nation of Tunisia. One of the most compelling developments has been the integration of mobility solutions into various sectors, offering unparalleled opportunities for enhancing logistics efficiency and real-time monitoring. This confluence of innovation and practicality is reshaping the way Tunisian businesses operate, fostering efficiency, competitiveness, and sustainable growth.

Tunisia, with its dynamic and diverse economy, has embraced mobility solutions with open arms. From transportation and logistics to manufacturing and healthcare, businesses across the spectrum are experiencing the profound impact of these technologies. Traditional modes of operation often come with hefty overheads, stemming from factors such as manual processes, communication inefficiencies, and resource mismanagement. Mobility solutions are rewriting this narrative by optimizing workflows, streamlining operations, and minimizing resource wastage.

Bolt, the leading on demand mobility platform in Europe and Africa, has tapped into the ever changing transportation sector in Tunisia with a focus on making urban travel affordable, safe, and more reliable. Since its inception in 2013 by visionary entrepreneur Markus Villig, Bolt has expanded to over 45 countries worldwide, serving a diverse range of mobility needs, including ride-hailing, micro-mobility, food delivery, and business travel.

In line with its commitment to providing comprehensive transportation solutions, Bolt offers a dedicated solution for businesses, known as Bolt Business, specifically designed to meet the unique needs of enterprises. With Bolt Business, companies can effortlessly manage their employees’ ground transportation, allowing them to book rides on the company’s account while maintaining a transparent overview of routes and travel expenses, all in one centralized platform. By seamlessly connecting their Bolt app accounts to the business account, employees can easily switch their payment method to the business account for any corporate rides.

Mobility solutions such as the Bolt Business services which are equipped with real-time tracking, GPS navigation, and route optimization algorithms empower businesses to optimize their operations, reduce travel costs, and enhance resource utilization. By cutting down on unnecessary costs, businesses can allocate resources more strategically, subsequently boosting their bottom lines.

Real-time monitoring, another hallmark of mobility solutions, has catalyzed a paradigm shift in how Tunisian businesses track and manage their operations. With the power to access live data and insights at any given moment, decision-makers can respond swiftly to emerging trends, challenges, and opportunities. The Bolt Business service was developed to address the challenges faced by enterprises in managing transportation spending, tracking employees’ business movements, and simplifying the expense reimbursement process. With competitive and affordable prices, dedicated account managers, and 24/7 customer support, Bolt Business has established a significant market share in the transport space, particularly in Tunis. As a smart and agile tech company, Bolt provides excellent technical solutions through its Business Portal, further enhancing the user experience.

This confluence of innovation and practicality is reshaping the way Tunisian businesses operate, fostering efficiency, competitiveness, and sustainable growth

By utilizing Bolt Business, companies can achieve substantial benefits including:

Enhancing logistics efficiency: By implementing spending limits and controls, enterprises can effectively manage travel expenses and stay within budget, thereby enhancing logistics efficiency.

Time Efficiency: The hassle of manual expense reporting is eliminated as Bolt automatically generates ride receipts and tracks expenses within a centralized portal. Employers gain clear visibility into all business trip activities, expenses, and reports, streamlining administrative tasks.

Convenience: The Ride Booker feature allows individuals to book rides on behalf of others, order multiple rides simultaneously, and schedule rides in advance. Even if the recipient of the ride does not have the Bolt app, ride details can be conveniently shared via SMS.

Extensive Global Coverage: With a network of 3 million Bolt drivers worldwide, Bolt ensures reliable transportation options for corporate teams across multiple cities and countries. In Tunisia, Bolt currently operates in Tunis and Sus, with plans for further expansion into other regions.

Control and Visibility: Employers gain complete control over employee transportation by managing policies within a single portal. Policies can include setting specific days and times for business rides, determining the number of rides allowed, and defining spending limits on a daily, weekly, monthly, or yearly basis.

Furthermore, mobility solutions promote innovation by fostering an environment of constant improvement. Businesses are encouraged to refine their processes, adapt to changing market dynamics, and adopt data-driven strategies. In Tunisia, where economic diversification is a priority, this innovation-driven approach is critical in developing new sectors and strengthening the existing ones.

As Tunisia looks towards a future driven by innovation and inclusive growth, Bolt Business will continue to play a pivotal role in shaping the country’s transportation landscape. With its unwavering commitment to excellence and its dedication to empowering drivers and riders alike, Bolt Business is poised to bring about even greater positive transformations, making Tunisia a shining example of how technology and entrepreneurship can revolutionize the way we move.

Distributed by APO Group on behalf of Bolt.

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Ministers among hundreds of energy-sector leaders to attend AOW event

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1 day ago

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October 4, 2024

By

Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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1 day ago

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October 4, 2024

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PAPSS

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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October 4, 2024

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Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

Distributed by APO Group on behalf of Energy Capital & Power.

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