The Empower Africa Business Platform is Now Live !!!
This substantial investment will fuel GoMetro’s ambitious plans to digitize heavy-duty commercial transport operations and refine its advanced fleet management platform across its key markets in the United Kingdom, European Union, United States, and South Africa.
The funding round was spearheaded by Zenobē, a renowned strategic investor specializing in financing and operating electric buses.
FutureGrowth Asset Managers also played a significant role in the round, demonstrating their confidence in GoMetro’s innovative approach to fleet management.
Joining the investment were existing investors 4 Decades Capital, Hlayisani Capital, Tritech Global, Kalon Venture Partners, ESquared Ventures, and Greg Fury, who have consistently backed GoMetro’s transformative vision.
This infusion of capital will serve as a catalyst for GoMetro’s mission to empower fleet operators with data-driven decision-making capabilities, enabling them to optimize resource utilization, reduce operational risks, and enhance customer satisfaction.
In the highly competitive transportation industry, where fleet owners face constant pressure to stay ahead of the curve, GoMetro’s solutions provide a decisive edge, propelling companies towards growth and sustainable success.
GoMetro’s Bridge, a cloud-based platform, plays a pivotal role in the electrification of buses and trucks, a sector poised for significant growth in the coming years.
With GoMetro Bridge, fleet operators gain access to a comprehensive suite of telematics-driven features, tailored to support their transition to all-electric fleets. Utilizing their own telematics data, GoMetro Bridge provides fleet owners with a comprehensive assessment of their readiness for EV adoption.
GoMetro’s Series A funding marks a significant milestone in the company’s journey, solidifying its position as a leading innovator in the fleet management industry.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

Sahel Capital, the fund manager for the Social Enterprise Fund for Agriculture in Africa (SEFAA), has approved a term and working capital loan of approximately $610,000 to support Ghanaian-based Oyster Agribusiness.

The Facility for Energy Inclusion (FEI), managed by Cygnum Capital, will provide a $5.7 million senior debt facility as the sole lender to finance Qair Group’s 5.8 MWp floating solar project in Seychelles.

KCB Bank Kenya has received a significant financial boost from British International Investment (BII), securing a $100 million Tier 2 capital facility aimed at expanding lending to climate-related initiatives and women-owned businesses.