Bridgestone Mobility Solutions becomes anchor partner of Startup Autobahn

SOUTH AFRICA – Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an anchor partner of Startup Autobahn, a mobility-focused innovation network. Moderated by Silicon Valley global open innovation platform, Plug and Play Tech Center, Startup Autobahn brings industry-leading companies and startups together to identify new ideas and develop…

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Bolt launches second edition of Women in Tech internship program

KENYA – On-demand transport platform Bolt has rolled out the second edition of its Women in Tech internship program in Kenya. Launched in 2021, the programme dubbed #Drive4WITech aims to train, mentor and empower young women seeking to jumpstart their careers in the tech space regardless of their fields of study. Participating women get access to Top Bolt executives with…

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Mobility fintech Moove sets shop in Kenya, broadens vehicle financing to bikes and trucks

KENYA – Moove, an African mobility fintech, has launched operations in Nairobi, Kenya, its first city in East Africa and sixth on the continent. To expand their vehicle and product offerings to customers, the revenue-based vehicle financing company has partnered with Uber to allow ride-hailing and delivery drivers to purchase motorcycles for Uber Connect, UberEats deliveries and UberBoda trips. Additionally, following…

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Mobility startup Yassir raises US$30m in Series A funding round

ALGERIA – Yassir, an on-demand mobility startup, has raised US$30 million for its Series A round led by A vast network of essential strategic investors. The investors included WndrCo, DN Capital, Kismet Capital, Spike (Stanford Alumni) ventures, and Quiet Capital. Other investors included Endeavor Catalyst (Endeavor’s co-investment fund), FJ Labs, VentureSouq, Nellore Capital, Moving Capital (AKA the Uber Alumni Investment…

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Mobility startup Shuttler raises US$1.6m seed round to scale its operations across Africa

NIGERIA – Shuttlers, a tech-enabled mobility startup, has raised a US$1.6 million seed round and shared plans to scale operations across cities in Africa. The seed round led by VestedWorld, a Chicago-based, Africa-focused venture capital company, and also featuring Interswitch, Rising Tide Africa, Launch Africa Ventures, EchoVC Partners, CMC 21, Alsa, ShEquity, Five35, Consonance, CcHub Syndicate, Sakore, and Nikky Tarus.…

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Mobility assistance startup BlinkApp raises pre-Seed round to finance expansion plans

EGYPT – BlinkApp, the Cairo-based mobility risk assistance startup, has raised a six-figure pre-Seed round, led by investors located in UAE and KSA, to finance its ambitious expansion plans BlinkApp aspires to have its technology installed on smartphones with the main vision of achieving better general driving behaviour, faster roadside assistance and safer roads for everyone. Wael Noufal, the co-founder…

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InfraCo, DOB and Mobility54 invest in Zembo’s Electric Motorcycles

UGANDA – Investment firm InfraCo Africa has partnered with Dutch investor DOB Equity and Mobility 54 to invest €3 million (US$ 3.43m) in Zembo Motorcycles SMC’s electric mobility solution, to improve its operations. InfraCo Africa continues to roll out its green finance in Africa. The Private Infrastructure Development Group (PIDG) investment company is entering into an agreement with DOB Equity,…

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Electric motorcycle company Ampersand secures US$9m from DFC to boost its operations

RWANDA – Ampersand Rwanda Ltd, Africa’s first electric mobility and financing company, has received a US$9 million credit facility from the U.S. International Development Finance Corporation (DFC) to help boost its operations in Rwanda and Kenya. This credit facility adds to Ampersand’s US$4 million financing from the venture capital fund Ecosystem Integrity Fund (EIF) and Total Energies in April. By…

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Mobility startup Opibus secures US$7.5m grant fund to scale its operation

KENYA – Opibus, an electric mobility startup, has raised US$7.5 million in equity and grant funding to help it scale its operations in electric motorcycle and bus manufacturing. The funding round was led by Silicon Valley fund At One Ventures, and further supported by Factor[e]Ventures and Ambo Ventures. It consists of US$5 million in equity and US$2.5 million in additional…

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Orange Ventures invests in mobility startup Lamma

TUNISIA – Orange Ventures, the Venture Capital Fund of the Orange Group, has announced an investment in Tunisian mobility startup Lamma that specializes in last-mile mobility This comes just after Lamma has launched its new Quick Commerce (Q-Commerce) application, which aims to revolutionize customer experience in Tunisia by delivering all everyday orders in less than 45 minutes. “We look forward…

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