Uganda’s Tugende gets a lift from Toyota Group

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    • vieewsvieews
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      Toyota is said to have invested $4mil in Uganda’s finance start-up @Tugende1 to increase its African business.
      the article states:

      Mobility 54, the investment fund for Toyota Tshusho Corporation has made the investment as part of $6.3m Tugende raised in its Series A investment round this month. 

      Mobility 54 said the group aims to invest $45m in transportation and asset-financing start-ups such as Tugende in Africa next year.

      Tugende’s customer centric model has helped the company hit some major milestones in the community as shown in the image;

       

       

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