As the saying goes, necessity is the mother of invention. Faced with a family member's carjacking, entrepreneur Kelvin Macharia Kuria wanted to do something to stem the massive problem with vehicle thefts in Nairobi, Kenya. Still in his early 20s, he founded a company called Sunrise Tracking in 2012 to do just that, and Macharia has come up with a novel way to potentially get people's cars back, according to CNN.
Furniture, flip flops and floors, oh my! Those are just a few of the products being repurposed from a faction of the 1.5 billion tires that get discarded each year, according to a fun little story from the BBC. And, if nothing else, the reincarnated products are durable.
Having secured $50 million in funding thanks to the Pan-African Investment Company, Mobius can finally put the latest evolution of its low-cost SUV into production. Things have changed some in the two years since the Mobius Two was first announced as a form of inexpensive, go-anywhere transport for Africa: the initial price of $6,000 has risen to $10,000 and it's now called the Mobius II.
Kenya, of all places, is looking to get in on the plug-in vehicle action by eliminating import duties on battery-powered vehicles. With Somalia to its east, Ethiopia to its north, Uganda to its west and Tanzania to it south – and bordered by the Indian Ocean to the southeast and situated near the equator – Kenya might not be the first nation that comes to mind when you think of plug-in vehicles, but finance minister Uhuru Kenyatta feels confident that the African country is ready to