Seed $1.2M for Anda to Drive Angolan Mobility

🏍️ Here's Anda!

• Anda is an Angolan mobility startup that runs a ride-hailing and delivery platform for motorcycle taxis.

• They've just secured a $1.2M seed round.

• Investor check. BFA Asset Management (Banco de Fomento Angola), the country’s second-largest private bank.

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🛠️ Solving the Commute

• Moving around Luanda is tough. Traffic is heavy, and there aren't many formal public transport options for daily commuters.

• Most drivers can't afford to buy their own motorcycles, leaving them stuck in a cycle of high rental costs.

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📈 More Than an App

• Anda adds a digital layer to motorcycle taxis and pairs it with a drive-to-own financing program. This helps drivers eventually own their vehicles.

• They've already signed up 2,000 drivers and finished 3 million trips in Luanda.

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🚀 What's Next?

• The investment will drive the growth of their multi-asset fleet and the development of cutting-edge technolog

• The team plans to launch in other urban centers across Angola in the coming months.