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mobility

A collection of 16 posts

Trella, Egypt’s B2B Digital Trucking Marketplace Secures $6M in Debt Funding

ALMA Sustainable Finance

Trella, Egypt’s B2B Digital Trucking Marketplace Secures $6M in Debt Funding

Trella, Egypt’s B2B Tech Platform and trucking marketplace, has secured $6 million in debt financing from ALMA Sustainable Finance (ALMA) and the United States International Development Finance Corporation (DFC) to support its growth. Trella, which was founded in 2018, is a B2B technology platform and trucking marketplace that connects

UberEats Will No Longer Deliver in Parts of Soweto Due to Safety Fears

UberEats Will No Longer Deliver in Parts of Soweto Due to Safety Fears

Following growing safety concerns and threats to its business and delivery drivers, food delivery service, UberEats has planned to stop serving some areas of Soweto, South Africa’s largest metropolis. South of Johannesburg’s Soweto will no longer receive deliveries from UberEats starting on September 5, the company’s South

Uber and Bolt Drivers Strike in Cape Town

Uber and Bolt Drivers Strike in Cape Town

In Cape Town, Uber and Bolt drivers went on strike in protest of rising commission fees and reduced commission rates. The strike began on Wednesday and is scheduled to last until Thursday. On Wednesday, the drivers presented a list of demands to the Bolt offices in Cape Town. Drivers will

Egypt’s MaaS Startup, Swvl Expands into Mexico with Latest Acquisition of Urbvan

Egypt’s MaaS Startup, Swvl Expands into Mexico with Latest Acquisition of Urbvan

Swvl Holdings Corp (NASDAQ: SWVL), an Egyptian startup that provides transformative tech-enabled mass shared transit for intercity and intracity trips, announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd, a shared mobility platform that offers tech-enabled transportation services to Latin America’s second-largest country by population for an undisclosed

Uber launches UberMoto; a new mobility service in western Nigerian city

Uber launches UberMoto; a new mobility service in western Nigerian city

The ride-hailing platform, Uber, has launched UberMoto, a motorcycle ride-hailing service in the western Nigerian city of Ibadan. Through the Uber app, riders can access affordable and convenient rides on two wheels at a go, with a minimum fare of $0.24. The features using Ubermoto as the same for

Nigerian mobility startup, Treepz closes $2.8m seed, acquires Ugandan bus company, Ugabus

Nigerian mobility startup, Treepz closes $2.8m seed, acquires Ugandan bus company, Ugabus

Treepz, a Nigerian shared mobility startup has announced the close of its seed round at $2.8 million after about 3 months. The startup also announced its expansion to Uganda with the acquisition of Ugandan bus company, Ugabus. According to Treepz, Ugabus, which will be rebranded by Treepz Uganda on

Togolese Mobility Startup, Gozem, Expands To Cameroon

Togolese Mobility Startup, Gozem, Expands To Cameroon

Africa-focused ride-hailing, logistics, and food delivery startup, Gozem, has announced it will be expanding to Cameroon. Gozem was created by Emeka Ajene in 2018. The startup offers users a suite of services, including motorcycle-taxi transport to car-taxi transport, e-commerce to delivery & logistics services, to various financial services. Gozem which

Kenyan electric mobility startup Opibus secures $7.5m funding round for expansion

Kenyan electric mobility startup Opibus secures $7.5m funding round for expansion

Nairobi based mobility startup Opibus, announced today that it has raised $7.5m in funding led by Silicon Valley fund At One Ventures. The investment is the largest ever in an electric mobility company in Sub-Saharan Africa and is aimed to scale its operations in electric motorcycle and bus manufacturing.

Rwandan Electric Motorcycle Startup Ampersand Secures $9m Debt Facility

Rwandan Electric Motorcycle Startup Ampersand Secures $9m Debt Facility

Rwanda-based mobility startup Ampersand has secured $9m loan facility from the US International Development Finance Corporation (DFC) to expand its operations in Rwanda and Kenya. The loan is part of DFC’s Portfolio for Impact and Innovation (PI²) initiative and contributes to its commitment to the US Energy Compact and

Nigeria’s Mobility Startup, Gokada, launches in Ibadan, plans to Resume Ride-Hailing and E-Commerce

Nigeria’s Mobility Startup, Gokada, launches in Ibadan, plans to Resume Ride-Hailing and E-Commerce

Nigeria-based last-mile delivery, logistics and transportation startup Gokada, has announced it launched in Ibadan following its consolidated growth in Lagos. Gokada is a Lagos-based mobility startup founded in 2018 by Deji Oduntan, Fahim Saleh with the aim of revolutionizes the way people move around the cities. Following the recent launch

Nigerian Mobility Startup Moove Expands to Cape Town

Nigerian Mobility Startup Moove Expands to Cape Town

Nigerian mobility startup Moove, has announced its expansion to Cape Town as it gears up for further pan-African growth. Moove was founded by British-born Nigerians Ladi Delano and Jide Odunsi, with the aim of democratizing vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs. Moove adopts a

Plentywaka rebrands as Treepz to further pan-African Expansion

Plentywaka rebrands as Treepz to further pan-African Expansion

Toronto-headquartered Nigerian mobility startup Plentywaka, has today announced that it has changed its name to Treepz as it bids to make significant shift in its business in the African region. The name change is an opportunity to align the company name with its Pan-African expansion plan, and also represents the

Egyptian Mobility Startup SWVL acquires Spain’s Shotl, Expands Into Europe

Egyptian Mobility Startup SWVL acquires Spain’s Shotl, Expands Into Europe

Everything seems to be falling in place for the Egyptian mobility space as Swvl, a provider of transformative mass transit and shared mobility solutions operating in Egypt and Saudi Arabia, has announced its expansion to Spain after it acquired a controlling stake in Shotl, a Spanish mass transit platform. Shotl

Ivorian Mobility Startup Moja Ride, raises Fund, Partners O-City for Expansion

Ivorian Mobility Startup Moja Ride, raises Fund, Partners O-City for Expansion

Abidjan-based mobility startup Moja Ride founded in 2020 has partnered with O-CITY. The partnership comes after a Series A funding round led by Orange Ventures and Toyota Tsusho Corporation (“Toyota Tsusho”) and its group business CFAO SAS. Moja Ride was launched in 2020 by Jean-Claude Gouesse, the startup enables travelers

Vaya, Africa's Ride-hailing startup, rolls out electric taxi services.

Vaya, Africa's Ride-hailing startup, rolls out electric taxi services.

Ride-hailing mobility startup, Vaya Africa has rolled out an electric taxi service and charging network in Zimbabwe. The South Africa-headquartered company has acquired a fleet of Nissan Leaf EVs and developed its own solar-powered charging stations. Vaya has partnered with companies to start its on-demand electric taxi and delivery services