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.

Ampersand, a Rwandan electric motorcycle firm, has secured a fresh funding round to grow its operations across East Africa.

Pan-African investment firm Janngo Capital has injected fresh capital into Jobzyn, a Moroccan recruitment-technology startup seeking to reshape how companies and candidates connect across Africa and the MENA region.

Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.