Yango Ventures invests in Gigmile to scale last-mile delivery in Africa

▤ Summary

Yango Ventures made an undisclosed investment in Gigmile to help the company expand last-mile delivery support across more African cities. Gigmile provides software that lets gig workers finance vehicles, manage repayments, and track earnings. The startup has already financed more than 10,000 vehicles and has raised about $21 million in equity and debt. Yango is using the deal to strengthen its mobility and logistics ecosystem while backing startups that support transport infrastructure in emerging markets.

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