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Kepple African Ventures Invests in a Fresh Set of African Tech-Focused Startups

Kepple African Ventures Invests in a Fresh Set of African Tech-Focused Startups

O. Christopher - December 21, 2020

Google Launchpad Accelerator Africa

Google brings Launchpad Accelerator to Africa

South African Startup Launches to Help Residents Save Money on Legal Charges

South African Startup Launches to Help Residents Save Money on Legal Charges

Two Kenyan startups team up to provide merchants affordable credit options

Two Kenyan startups team up to provide merchants affordable credit options

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up PlentyWaka, a Nigeran bus hailing and mobility service, has plenty going on for it these days. After just securing some funding to expand its services beyond Lagos into other commercial hubs in the country, they have secured yet another US$1.2 million that enables them grow and expand even further. The evidence of that growth is already showing in the company’s latest acquisition of Stabus, a Ghanaian start-up in the same industry. With this acquisition, PlentyWaka begins to make its move outside of the Nigerian market as it seeks to become a bus hailing service to be reckoned with in the whole of West Africa and even Africa at large. Since launch, the PlentyWaka service has been based on helping passengers book bus fares online and in real time like they would buy air fares. Over the past year alone, the company has enjoyed considerable growth in the area of funding and also, getting people to use and commit to its services. Thus, it makes sense that they capitalise on that current visibility to even reach more people while curating better solutions to help the existing market base. The latest funding round is led by Xchange, a Toronto-based fund, which is geared towards helping the Nigerian start-up scale, and do so fast.

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up PlentyWaka, a Nigeran bus hailing and mobility service, has plenty going on for it these days. After just securing some funding to expand its services beyond Lagos into other commercial hubs in the country, they have secured yet another US$1.2 million that enables them grow and expand even further. The evidence of that growth is already showing in the company’s latest acquisition of Stabus, a Ghanaian start-up in the same industry. With this acquisition, PlentyWaka begins to make its move outside of the Nigerian market as it seeks to become a bus hailing service to be reckoned with in the whole of West Africa and even Africa at large. Since launch, the PlentyWaka service has been based on helping passengers book bus fares online and in real time like they would buy air fares. Over the past year alone, the company has enjoyed considerable growth in the area of funding and also, getting people to use and commit to its services. Thus, it makes sense that they capitalise on that current visibility to even reach more people while curating better solutions to help the existing market base. The latest funding round is led by Xchange, a Toronto-based fund, which is geared towards helping the Nigerian start-up scale, and do so fast.

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up

O. Christopher - August 25, 2021 0

SA start-up rolls out WhatsApp payment model to boost B2Bs and peer payments

SA start-up rolls out WhatsApp payment model to boost B2Bs and peer payments

O. Christopher - March 16, 2021 0

Karmod Prefabricated Building

World’s Largest Prefabricated Building Manufacturer, to solve Housing Deficit Challenge in Nigeria

passyjango - September 15, 2017 0

Goatti is investing in physical infrastructure development for its livestock platform

Goatti is investing in physical infrastructure development for its livestock platform

O. Christopher - April 21, 2020 0

Khazna

Khazna launches prepaid app to cater to over 20 million unbanked in Egypt

O. Christopher - December 7, 2024 0

Leadtech Incubation program powered by AWIEF and Mohammed IV Polytechnic University

Applications for Leadtech Incubation program extended to 20TH May 2020

passyjango - April 23, 2020 0

CribMD acquires pharma company to boost its service delivery across the country

CribMD acquires pharma company to boost its service delivery across the country

O. Christopher - July 16, 2021 0

South African startup introduces online marketplace for space rental

South African startup introduces online marketplace for space rental

O. Christopher - May 20, 2021 0

TIBU raises undisclosed amount in new funding round to boost business

TIBU raises undisclosed amount in new funding round to boost business

O. Christopher - April 26, 2021 0

Google Launchpad Accelerator Africa

Google brings Launchpad Accelerator to Africa

passyjango - November 9, 2017 0

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