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Nigeria Loses Another Mobility Giant as Moove Exits Weeks After Uber Despite Its $2.1 Billion Valuation and Waymo-Backed Us Expansion
The departure follows broader trends of ride-hailing companies leaving Nigeria due to rising costs, complaints from drivers, inflation, and reduced consumer purchasing power.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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NeoFleet Capital Raises $4 Million to Finance Taxi Fleets Across Africa and Emerging Markets
NeoFleet said the $4 million will finance the expansion of its existing operations and entry into new mobility markets.
- Categories
- Technology, Transportation
- Region
- Global
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Shell Foundation and the UK Government Anchor Lendable Transportation and Energy Fund to Mobilise Private Capital for Climate and Gender Impact
Lendable is a technology-enabled investment firm that provides asset-backed credit to fast-growing businesses in emerging and frontier markets.
- Categories
- Energy, Technology, Transportation
- Region
- Global
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Nigeria’s Shuttlers Launches Shared Door-to-Door Car Service for Lagos Commuters
With over 10 million journeys completed, more than 11,000 daily riders, and over 430 buses operating daily, Shuttlers is building the infrastructure for the future of urban mobility in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, startups
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Why is Uber Pulling out of Some African Markets?
Uber’s exits from Nigeria and Uganda highlight the growing challenges of making ride-hailing work in Africa.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- corporations, gig economy
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Yadea Targets Africa Growth with Spiro Partnership on Electric Mobility
Together, the companies aim to build a scalable, commercially sustainable EV framework serving millions of commercial fleet operators, delivery services, logistics providers, and daily commuters in Africa’s fastest-growing mobility markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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TRANSCO Launches QR Code E-Ticketing System to Modernise Public Transport in DR Congo
Speaking through TRANSCO’s Communications and Press Unit, Kilubu highlighted three major benefits of the new electronic ticketing system. He said the reform would give the transport company greater control and visibility over its daily ticket revenue by enabling it to accurately track the number of tickets sold.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Sun Mobility Launches Battery Swapping Network in Kenya
SUN Mobility's Kenya launch builds on a platform already proven in India, where more than 125,000 vehicles run on over 2,000 stations across 25 cities, supported by more than 30 vehicle manufacturer partners.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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