30 results
- 9 Aug 2021
Moove Raises $23M Series A Funding to Democratize Vehicle Ownership in Africa
Moove, an African mobility fintech, has announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower…
- 15 Jul 2019
Cars45 enhances access to vehicle ownership, rolls out 2 more franchise lots in Lagos
In a bid to take its products and quality of service closer to the consumers, Nigeria’s leading automotive trading platform, Cars45 has unveiled two more Carsbazr franchise lots located in the Egbeda…
- 3 Nov 2021
Moove Partners Lori Systems to Deliver Affordable Vehicle Financing Across Africa
Moove, an African mobility fintech, has signed an exclusive partnership with Lori Systems, the e-logistics company in Africa. The partnership marks Moove’s first foray into the logistics industry,…
- 19 Mar 2024
Moove Secures USD $100 Million Series B Round
Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announces that it has raised $100 million in a Series B funding round, valuing the…
- 10 Aug 2026
UBA, Mikano Motors Launch Auto Financing Scheme With 30% Down Payment
United Bank for Africa (UBA) Plc, africa’s global bank, has partnered Mikano Motors to launch an auto financing scheme, themed: ‘Drive Your Dream Today’, specifically designed to ease the purchase of…
- 15 Dec 2021
Moove Rolls into Kenya, Broadens Vehicle Financing to Bikes and Trucks
Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent. To expand their vehicle and product offerings to customers, the…
- 30 Jun 2022
British International Investment Commits $20m in Moove a Nigerian Fintech Mobility Firm
British International Investment (“BII”), and Development Finance Institution (DFI), have announced a US $20 million, 4-year structured credit investment in Moove – a mobility fintech democratising…
- 11 Aug 2021
IFC, Moove Partner to Boost Urban Mobility, Drive Growth in Lagos
A new partnership between IFC and Moove will improve urban mobility and ease heavy congestion in Nigeria's megacity, Lagos, helping to drive sustainable and inclusive economic growth in the…
- 28 Mar 2022
SWVL, MOOVE Partner to Rollout EV Buses
Swvl, Inc. (“Swvl”), a global provider of transformative tech-enabled mass transit solutions, and Moove, the world’s first mobility fintech, have announced that they have entered into a partnership…
- 28 Mar 2022
Growing Ride-hailing Sector to Boost Vehicle Sales
While vehicle sales in Sub-Saharan Africa (SSA) are expected to continue on a downward spiral this year, the burgeoning ride-hailing industry in the region offers automakers and car dealers an…
- 1 Feb 2022
Moove Secures US$ 10 million Funding from NBK Capital Partners Mezzanine Fund
NBK Capital Partners Mezzanine Fund II (the “Fund”) announced today that it closed a US$ 10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech…
- 14 Jul 2024
Police Suspends eMotor Registry Enforcement Following Outcries
Kayode Egbetokun, inspector general of police, has announced the suspension of the the enforcement of electronic central motor registry registration otherwise e-CMR for vehicle owners in the country.…
- 28 Aug 2022
Autochek Partners AutoFast to Provide Free Vehicle Maintenance
Autochek, an automotive technology company that makes car ownership more accessible and affordable to Nigerians and across Africa, has signed a partnership agreement with AutoFast, to provide its…
- 2 Sept 2022
Moove Partners Uber UK to Bring Thousands of Electric Vehicles to London
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in London as part of its global expansion. Moove, an African-born startup with a…
- 19 Oct 2022
Moove Raises £15M Financing Facility from Emso Asset Management to Scale UK Operations
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in financing from Emso Asset Management to scale up its UK…
- 20 May 2016
HID Global Partners Media Concepts on 1st Mobile ID Programme in Nigeria
H ID Global®, a worldwide leader in secure identity solutions, recently announced a partnership with Media Concepts of Lagos, Nigeria to deploy mobile IDs on Nigerian citizens’ smartphones using the…
- 14 Mar 2022
Mobility Fintech Raises $105m in Series A2 Round
Moove, the world’s first mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round* consisting of…
- 13 Jul 2021
Plentywaka Partners Autochek to Facilitate Vehicle Inspection & Maintenance
Plentywaka, Nigeria’s largest shared mobility platform which provides safe, comfortable and convenient rides on demand using cutting edge technology has announced yet another groundbreaking move. As…
- 3 Nov 2021
Moove Partners Lori Systems to Propel Financing for African Trucking, Logistics
Moove, an African mobility fintech, has signed an exclusive partnership with Lori Systems, the leading e-logistics company in Africa. The partnership marks Moove’s first foray into the logistics…
- 6 Sept 2021
Autochek Acquires ROAM Africa’s Online Car Platforms
Autochek, the automotive technology company facilitating auto financing across Africa and ROAM Africa (Ringier One Africa Media) have entered into an agreement for Autochek to acquire automotive…
- 4 Jul 2022
British International Investment Commits $20m to Mobility Fintech
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group has introduced its new name and announced a $20 million, 4-year…
- 2 Feb 2021
Ford, Google Partner on Auto Innovation, Reinvent Connected Vehicle Experience
Ford and Google have announced a unique strategic partnership to accelerate Ford’s transformation and reinvent the connected vehicle experience. Ford has also named Google Cloud its preferred cloud…
- 10 Apr 2026
AfDB Okays $200m for Nigeria’s Digital Backbone, Others
African Development Bank Group (AfDB) has approved a $200 million loan to Nigeria to support a landmark digital infrastructure initiative aimed at expanding broadband access, developing digital…
- 10 Aug 2026
Moove Achieves Unicorn Status With $250m Funding
Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status. The startup will deploy the fresh capital to build out…
- 31 Aug 2021
Yandex Buys Out Uber from Joint Ventures in $1bn Deal
Russian IT giant Yandex said Tuesday it had reached a $1 billion deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the…
- 22 Nov 2022
Autochek Launches Autochek Financial Services to Accelerate Seamless Access to Vehicle Financing Across Africa
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the launch of Autochek Financial Services, a new arm of the business that…
- 1 Nov 2022
B2B E-commerce Technology Strategic to Nigeria’s Economy Diversification – Alerzo CEO
Adewale Opaleye, the group chief executive officer of Nigeria’s leading business-to-business e-commerce platform, Alerzo, has stated that tech-enabled B2B e-commerce startups will contribute…
- 6 Nov 2020
Cars45 Reaffirms Commitment to Enabling Trade within Nigeria's Automotive Industry
Cars45, Nigeria's leading tech-enabled automotive trading platform has reiterated its commitment to enabling trade within Nigeria’s automotive industry as well as defining the future of automotive…
- 19 Dec 2016
FG to Use Technology to Tackle Smuggling, Raise Revenues- Adeosun
Federal Government has initiated plans to use technology as an enabler to fight smuggling and increase revenue collections. Mrs Kemi Adeosun, minister of Finance, who disclosed this at the…
- 29 Mar 2023
Uber Lobbies African Govts to Ready EV Policies
E-hailing firm Uber is engaging governments across Africa, urging the creation of a favourable regulatory environment to help accelerate the rollout of electric vehicles (EVs) on the continent. This…