Vehicle subscription platform Metro Africa Xpress raises US$31m Series B funding round

NIGERIA – Metro Africa Xpress (MAX), a vehicle subscription platform for low-to-zero emission vehicles, has raised US$31 million in the first close of a Series B funding round, with further closes expected in the next few weeks. The funding round was led by global private equity platform Lightrock, for whom it is a first investment in the African mobility space,…

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