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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.

The Private Infrastructure Development Group (PIDG) has committed $3.3 million in equity financing to scale Sanivation’s waste-to-value operations in Kenya, specifically backing the expansion of its facility in Naivasha.

The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has raised $325 million in new debt financing to support essential infrastructure development across Africa and Asia.

Kwiks, a leading Moroccan human resources technology (HRtech) platform, has secured a significant funding boost of $827,000 from Azur Innovation Management (AIM).