BFA's Kimbo Fund backs Angola mobility start-up Anda
The investment supports a drive-to-own financing model for motorcycle taxi drivers.
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BFA Asset Management, through the Kimbo Fund, has committed $1.2 million to Anda, an Angolan mobility company.
Anda aims to formalise Angola’s vast informal motorcycle taxi market by providing drivers with asset financing through a drive-to-own model.
“With its pioneering ‘drive-to-own’ model, Anda empowers drivers of two-, three-, and four-wheeled vehicles, turning informal work into professional opportunity. By doing so, it strengthens connectivity and expands financial inclusion across the national market. This investment marks a milestone for Angola’s transport sector, affirming the Kimbo Fund’s vision of fueling strategic enterprises with both economic and social impact,” the firm said in a statement.
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