Mobility

Meet the Cars45 Mafia: ex-employees turned founders

This group consists of Cars45 employees who have gone on to fund some of Africa's most exciting companies.

Mobility

EXCLUSIVE: InDrive introduces bank transfer feature for trip payments

This move positions InDrive as the first ride-hailing platform in Nigeria to adopt this approach. It also affirms bank transfers as the most acceptable mode of trip payment

Mobility

Moove acquires Kovi to fuel LatAm growth

The acquisition is driven by Moove’s pursuit of scale.  The company began expanding into the U.S. last August, seeking profitability.

Mobility

EXCLUSIVE: Spiro to ramp up EV production in Nigeria with new assembly plant

The new plant will significantly boost production from the current 1,000 units in 2024 and mark the company's entry into the three-wheeler segment

Mobility

Drivers in Côte d’Ivoire to receive up to $500 in-app loans from Yango

Gig workers in Côte d'Ivoire are getting lending solutions thanks to this initiative. It’s currently exclusive to Yango's partner drivers, but there are plans to expand it to consumers, food delivery agents, and merchants in the future.

Mobility

LagRide to electrify fleet in 2025 with Chinese-made EVs

This would position LagRide as the first ride-hailing service in Nigeria to embrace electric vehicles

Mobility

Nigerian startup Moove drives into US with Waymo partnership

This deal will see the African-based mobility service expand its services to the United States beginning 2025.

Mobility

NIPOST is developing digital IDs for its courier services

This move is expected to revitalize NIPOST's logistics services, which have historically been criticized for poor performance.

Analysis

Here’s how InDrive is thinking about combating offline rides

Soaring fuel costs have forced many drivers off the road, leaving the ride-hailing industry in a precarious position.

Mobility

Nigeria partners with Morocco to produce electric vehicles locally 

Nigeria, alongside Morocco, will manufacture and assemble locally-made electric vehicles

Mobility

Nigerian Uber and Bolt drivers demand a greater cut of ride-hailing companies’ estimated ₦36 billion annual revenue

Nigerian drivers working for Uber and Bolt are demanding a reduction in commission rates, arguing that the current 25% cut is unsustainable given rising operational costs.

Mobility

BasiGo secures $41.5M to drive Electric Bus expansion in Kenya and Rwanda

BasiGo Kenya, has successfully raised $41.5 million in Series A equity and debt funding.

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