AfricaWorks Insights
AfricaWorks Insights
June 13, 2025 at 02:32 PM
Moove, a Lagos-born startup, is raising $300M to push its valuation past $1B 💰 as it expands from Uber driver financing in Africa, India, and the UK to managing Waymo robotaxi fleets in the U.S. 🇺🇸. Through its "drive-to-own" model 🚗, drivers eventually own vehicles by paying with their earnings. With $360M in annual revenue and Uber and Alphabet as key partners, Moove is fast becoming a major player in urban mobility. 🌍 WeThinkCode has secured a $2M grant from Google.org to train 12,000 South African and Kenyan learners in practical AI skills 🧠, including non-tech professionals in fields like healthcare and law. Courses will be delivered both online and in person 📚, with corporate partners helping graduates get hired. This move highlights Africa's rising role in the global AI economy. 🌍 ⚡ South Africa’s Zero Carbon Charge has secured a ZAR100M (US$5.6M) investment from DBSA to expand its off-grid, solar-powered EV charging network across the country. 🚗 The startup’s model powers ultra-fast stations directly at the point of use, bypassing Eskom and ensuring sustainable, reliable energy for electric mobility. This marks a major step in South Africa’s shift to a net-zero transport economy, with charging stations set up every 150km on national roads. 📡 Vodacom South Africa is investing ZAR100M (US$5.6M)to build 106 new base stations in deep rural KwaZulu-Natal, aiming to connect hundreds of thousands and bridge the digital divide. The rollout spans 11+ districts, driving digital inclusion and empowering underserved communities with access to eHealth, eEducation, and eCommerce. 🚀 Part of its Rural Coverage Acceleration Programme, the initiative supports economic growth, with Vodacom urging faster approvals to speed up this transformation.
Image from AfricaWorks Insights: Moove, a Lagos-born startup, is raising $300M to push its valuation pa...

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