Target Information

Anda, based in Luanda, Angola, is an innovative urban mobility and fintech solutions company that focuses on enhancing transportation accessibility and sustainability within urban environments. The company has established itself as a leader in the industry by facilitating a human-centered mobility platform that integrates inclusion, innovation, and sustainability in its operations. Anda began its journey with 2-wheel vehicles and has since expanded to cater to 3-wheeled tuk-tuks and is now entering the 4-wheeler sector, offering a diverse range of transportation options to the population. As a result, Anda has contributed to the formal economy by integrating over 1,500 drivers who enjoy a significant 20% increase in earnings compared to informal work, alongside completing over 3 million rides in just the past five months.

Industry Overview in Angola

The urban mobility landscape in Angola is undergoing significant transformation. With a rapidly growing urban population and increasing demand for effective transportation solutions, the need for innovative mobility platforms is paramount. The country has historically faced challenges in urban transportation, including a lack of reliable services and infrastructure. However, initiatives like Anda are paving the way for a new era of mobility that emphasizes accessibility and sustainability.

Angola's economic context also plays a critical role in the mobility sector. The country is experiencing a slow yet steady recovery from previous economic downturns, and there is a growing focus on diversifying the economy beyond oil. As urban mobility solutions e