Top 5 Regions for MobilityTech Funding in Africa
- Northern Africa attracted $640M in 2023 for electric mobility and digital transformation.
- West Africa raised $400M in 2023, with Nigeria's Moove securing $110M for vehicle financing.
- Central Africa is emerging with $80M in funding, focusing on logistics and e-mobility.
The growth of MobilityTech in Africa presents a promising opportunity for innovation and investment, particularly in sustainable solutions. However, addressing infrastructure challenges and ensuring equitable access to these technologies will be crucial for long-term success. Stakeholders should focus on collaboration and strategic partnerships to overcome existing barriers.
