When it comes to VC, vehicles, and startups, Africa’s ride-hail business are becoming a multi-wheeled and world affair.
The big-hearted actors such as Uber and Bolt are competing in Kampala and Nairobi–where in addition to car-service–they offer rickshaw taxis. On-demand motorcycle startups are multiplying and piloting EVs with funds from international partners. And countless ride-hail corporations in Africa are adapting unique product solutions to local transit needs.
In this analysis, I take a look at the leading startups in the mobility space and how the future of transportation on the continent will increasingly come from new entrants.
Africa’s in the midst of digital innovation boom
Africa’s in the midst of digital innovation boom, the components of which are intersecting rapidly across its 54 countries and 1.2 billion people.