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Uganda

TREEPZ EXPANDS TO EAST AFRICA, ACQUIRES UGABUS AND CLOSES ITS SEED ROUND AT $2.8M WITH NEW INVESTORS

Co-Founders of Treepz and Ugabus signing the deal In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company, Treepz, has announced its acquisition of a similar Ugandan bus company Ugabus.  Treepz was founded in 2019 and currently operates in Nigeria and Ghana. It…

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PLENTYWAKA ACQUIRES STABUS GHANA AFTER SECURING $1.2M IN SEED FUNDING

Africa’s public transportation sector is gradually evolving with the emergence of new technology-driven modes of transportation. To speed up the pace of this evolution, Toronto-headquartered shared mobility startup, Plentywaka, which provides hassle-free shared rides on-demand, announced that it has fully acquired Stabus, one of Ghana’s leading mobility startups. This is a step to further Plentywaka’s…

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