The Empower Africa Business Platform is Now Live !!!
Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
The funding round was led by Verod-Kepple Africa Ventures, with follow-on investment from VestedWorld, EchoVC Partners, CMC 21 & Alsa, and SheEquity. Founded in 2016, Shuttlers offers a range of shared transportation options, including buses, vans, and cars, with routes that cover major cities and suburbs across Nigeria. Their app-based platform allows users to book rides in real-time, and the company is committed to providing safe, comfortable, and reliable services. The company aims to make transportation more accessible and affordable for all Nigerians.

Ecobank, a leading pan-African banking group, has unveiled the twelve finalists vying for the US$50,000 grand prize in its seventh annual Fintech Challenge.

Enko Capital, a firm specializing in investments across Africa, has secured a significant commitment from the International Finance Corporation (IFC) for its new Enko Impact Credit Fund (EICF).

Google has announced a $5.8 million initiative to strengthen artificial intelligence (AI) training and skills development in sub-Saharan Africa.