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Treepz

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Africa

Africa’s mobility startups dethrone fintechs, scale new heights

    By Conrad Onyango, bird story agency   Africa’s mobility startups are having a moment. For the first time, these small businesses in transport and logistics have dethroned Fintechs in attracting the most investor funding on the continent. In another historic first, mobility startups are beginning to explore cross-border rental trips as they look to capitalize on growing intra-Africa tourism fuelled by the removal of visa requirements by some […]

todayAugust 22, 2024 12

Africa

African startups turn to debt as equity powder dries up

    By Conrad Onyango, via bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen […]

todayJanuary 24, 2024 11

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