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.

GOGO Electric has secured a revolving working capital facility from the Africa Go Green Fund (AGG), managed by Cygnum Capital, to boost electric motorbike production in Uganda.

Lapaire, the African eyewear startup providing stylish and affordable glasses to the continent, is scaling up its vision with a fresh $3 million investment.

Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana.