African mobility startup Plentywaka, Kenya’s MarketForce get funding

▤ Summary

Two-year-old shared mobility startup Plentywaka, which is operational in Nigeria, has raised $1.2 million in a seed funding round led by Toronto-based venture capital firm The Xchange. Techstars Toronto also invested some money, as did some unnamed angel investor from North America and Africa. Plentywaka was co-founded two years ago by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi. Digiduka was formed in 2019 and funded during the inaugural cohort of the Antler East Africa programme in Nairobi. It helps informal retailers make extra money by reselling digital services such as airtime, electricity tokens and bill payments.

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