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Browsing: SafeBoda investment
- Google is investing in Uganda’s SafeBoda from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet
- The Africa Investment Fund is part of a broader plan to invest $1 billion over 5 years to support digital transformation in Africa
- SafeBoda app was launched in 2017 to connect passengers to their community of safer and trusted drivers
Google has announced that it will invest in SafeBoda, a venture-backed company in Uganda.
This is the first investment from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet, at Google for Africa in October 2021.
In a statement seen by The Exchange Africa, Google said the funding will help drive SafeBoda’s growth in Uganda and Nigeria, scaling its transportation-led app to offer new payment and financial services solutions for its expanding set of customers: passengers, drivers and merchants.
Ricky Rapa Thomson, …