A ride-hailing platform that has expanded into vehicle financing, securing significant investment in the mobility-fintech subsector.
Japanese VC Uncovered Fund Commits $20M to African Startups
Uncovered Fund has unveiled a new $20-million investment fund in collaboration with Monex Ventures. The UMAIP fund plans to invest in startups across Africa and the Middle East.
Gozem’s $30 million bet is driving mobility and fintech inclusion across Francophone Africa
Rwanda ranks second in Africa for ease of doing business, driven by reforms like 6-hour company registration and free trading licenses. The Kigali Innovation City project is a $2 billion tech cluster aimed at becoming a pan-African innovation hub.
Top 12 logistics and mobility startup raises of H1 2025
Africa's tech ecosystem saw deal flows reach $1.4 billion in H1 2025, a 78% increase from H1 2024. Logistics and mobility startups in Africa secured $115 million in funding during the first half of 2025.
Same deals, $102 million less cash: Africa’s logistics and transport funding in Q1 2025
Thirteen logistics and mobility startups raised funding in Q1 2025, matching the number of deals from Q1 2024. Total funding for these startups plummeted to $44.9 million, a 69% decrease from the previous year's $146 million.
Female-led ventures get just 2% as Africa’s startup funding dips in March 2025
African startups raised only $50 million in March 2025, the lowest monthly total since late 2020. Funding in March represents an 82.7% decrease from the $289 million raised in January 2025.
