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Home Venture Capital

Zimbabwe Mobility for Africa receives US$2M in funding

TechGist Africa by TechGist Africa
December 14, 2022
in Africa, Venture Capital, Zimbabwe
Reading Time: 1 min read
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Mobility for Africa, a Zimbabwean mobility business, has received US$2 million in funding from InfraCo Africa, a Zimbabwean investment firm, to deploy 400 electric vehicles in the country’s rural areas.

Mobility for Africa, which was founded in 2019, asserts that its solutions would make it easier for people to access doctors for those who live far from health facilities and for goods to be transported to major Zimbabwean cities.

Also read: The effects of Inflation in Zimbabwe

The solar-powered cars are made in the Zimbabwean capital Harare and are known as “hambas” (which means “go ahead” in the local Ndebele language).

“This partnership will strengthen the role of rural women as significant contributors to economic agricultural productivity, as well as gender equality and climate resilience,” said Shantha Bloemen, CEO of Mobility for Africa.

The project also reportedly entails the production of 600 electric batteries and the installation of eight charging stations, all with the intention of creating a sustainable mobility system to encourage sustainable growth, in particular in areas of Zimbabwe that is not yet connected to the national electrical grid.

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Source: TechGist Africa
Tags: economic agricultural productivityelectric vehiclesFeatureFundingHealthInfraCo AfricaMobility for AfricaNdebele languageShantha Bloemenventure capitalzimbabweZimbabwe Mobility for Africa receives US$2M in fundingZimbabwean investment firmZimbabwean mobility businessзимбабвеزيمبابويジンバブエ津巴布韦
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TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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