A popular vehicle model in Nigeria, currently priced at around ₦100 million, highlighting the affordability crisis in vehicle ownership.
How Drive45’s ₦2B Cascador win is supercharging vehicle access in Africa
Seyi Adefemi founded Drive45, a rent-to-own vehicle platform, which has generated ₦1.5 billion in annual revenue. Drive45 received ₦2 billion in funding from Cascador, marking the largest single award in the program's history.
