Africa’s logistics and transport funding in Q1 2025
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Africa’s logistics and transport funding in Q1 2025
Thirteen logistics and mobility startups raised funding in the first quarter of 2025. This matched the number of deals inked in Q1 2024, but the total amount plummeted to $44.9 million. Funding this year saw a 69% decrease from the $146 million raised in the same quarter last year. Despite the decline in funding, the number of deals reflects continued investor appetite for vehicle financing platforms. The largest deal was in the mobility-fintech…
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