Wahu Mobility Receives Investment From German Firm To Support Its Operations

By Joseph-Albert Kuuire 2 Min Read

Wahu Mobility (formally Mana Mobility), an electric mobility startup has announced a significant investment from Blue Lion, a renowned Family Office and Central investment firm of German family Schörghuber Corporate Group committed to supporting sustainable and cutting-edge technology solutions.

Details

Wahu will use the investment to expand its production capacity, invest in research and development, enhance its marketing efforts, and broaden its distribution network.

Blue Lion, known for its expertise in identifying and nurturing companies with the potential to drive positive change, recognises Wahu’s role in reducing carbon emissions and supporting the growth of the local gig economy through innovative e-mobility solutions.

What They’re Saying

“We believe in the pioneering spirit at Wahu. Valerie Labi and her team are playing a major role in shaping the future of sustainable mobility in Africa, and we are proud and humble to be able to contribute to this exciting endeavour.” said Florian Schörghuber, member of the family and Co-CEO of Schörghuber Group.

We chose to invest in Wahu mainly because we were impressed by the company’s wholistic approach to solving not one, but numerous existing problems.” said Jonathan Assouline, Investment Manager at Schörghuber Group. ”Using the basic concepts and incentives of capitalism, we see that Wahu is bringing job opportunities to the local economy, and creating prosperity whilst at the same time increasing the number of sustainable vehicles on Africa’s roads.


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Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire
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