Wahu Mobility, a Ghanaian EV bike startup, has received an investment from Launch Africa Ventures.
The company which is known for its signature Wahu eBikes will be added to Launch Africa Ventures portfolio.
Launch Africa Ventures is a frontier Pan-African fund solving the significant funding gap in the Seed to Series A bridge funding investment landscape in Africa.
Why This Matters
Africa has a rapidly expanding gig economy and a booming EV market. With over 80 million gig workers projected by 2030 and the African EV market set to grow from $11.94 billion to $21.39 billion by 2027, Wahu Mobility is positioned to lead the way.
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