Since 2019, Moove has been making car ownership more accessible from its five locations in Southwest Africa: Lagos, Cape Town, Accra, Johannesburg, and Durban. They are now thrilled to announce the opening of their sixth facility in Nairobi, extending their services to the rest of Africa. Moore was able to accomplish this because to collaborations with Uber, Lori Systems, and Sendy.
“Kenya already has a thriving mobility and entrepreneurial industry for us to tap into and roll out our financing solutions, so we’re very excited to be launching into Nairobi, our sixth market in 18 months. As one of the biggest economies across Africa, our move into Kenya serves as a gateway to other East African markets. We are excited to continue our expansion, having achieved over 50 percent plus a month-on-month growth since launch.” Moove CEO Ladi Delano said.
Flexi-Rental is one of Moove’s services, where drivers can hire a new automobile for a weekly price to use for mobility services like Uber. Moove has teamed up with Uber to provide the finest possible client service. Drivers can also opt for a Drive-To-Own payment plan, which allows them to fully own the vehicle after three to four years. Moove’s Work N Pay program, which is only available in Accra, allows drivers to pay for a car over a two-year period. After just over two years in business, Moove’s expansion was fueled by these goods.
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Within the previous year, Moove debuted its Xpress service in Lagos, which allows two-wheeled motorcycles to be funded. At their new Kenya facility, they intend to expand service to include motorcycles. The agreement with Uber allows them to use their Xpress bikes for UberConnect and UberEats delivery services. At a time when the motorcycle market isn’t as accessible, this opens up new prospects for drivers.
“We’re offering flexible employment through revenue-based financing, thus empowering drivers and driving growth in Africa’s mobility industry, underlined by our commitment to ensure that 50 percent of our customers are female. The Uber, Sendy, and Lori System partnerships will also allow us to enter the market with a substantial range of products and services for mobility entrepreneurs to take advantage of by moving people, goods, and services,” Tayo Oyegunle, Moove’s chief operator.
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Moove expects that the new site would serve as a portal to a more accessible market in East Africa, in addition to the expanded services. Moove’s mission statement is the expansion of the economy and the ease of access to automobiles for people who rely on them. Moove has won awards for its efforts, including the IFC Corporate Award, which recognizes businesses that make significant changes in the communities in which they operate. Vehicles are not just available, but new occupations are created as well.
Moove Kenya Moove Kenya
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer