Anda, an Angolan mobility startup, has raised US$3.4 million in seed funding as it moves to bring structure, technology, and financial access to the country’s widespread motorcycle-taxi sector.
The investment — led by European early-stage funds Breega and Speedinvest — reinforces growing investor interest in emerging tech markets across Southern Africa.
Digitising a Vital Transport Network
Motorcycle-taxis are a major part of urban transport in Angola, particularly in high-traffic cities like Luanda. Despite their importance, most riders operate informally, with no structured financing model, limited safety support, and minimal access to digital tools.
Anda aims to change that by:
- Offering a drive-to-own model that allows riders to buy their motorcycles over time
- Providing insurance, training, and safety tools
- Giving riders access to digital payments, tracking, and earnings visibility
- Offering GPS-based emergency support
Through its platform, riders can gradually build ownership, gain predictable income opportunities, and operate in a more professional and secure environment.
Shifting an Informal Sector Into the Digital Economy
This fundraising milestone signals a broader trend: African transport systems built on informal networks are beginning to adopt digital structure and financial inclusion models.
For Angola, this means:
- New opportunities for self-employment and asset ownership
- Safer and more reliable urban mobility
- A foundation for data-driven regulation and sector growth
- Increased attention from international investors exploring new African markets
A Model Built for Scale
Anda plans to expand its rider base, enhance its technology stack, and deepen its operational footprint across Angola using the new investment. With success at home, the company could be well-positioned to extend its model into other African markets with similar transport ecosystems.
The Bigger Picture
Anda’s raise is more than a funding announcement — it highlights how technology, financing models, and mobility innovation can work together to transform everyday livelihoods.
By combining asset financing with a mobility platform, the startup is laying groundwork for a more formal and inclusive transport economy — one rider at a time.