Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.
The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.
The new entity will work closely with partners across Africa and Asia to further develop digital educational tools, including games, interactive learning sessions, and AI-powered adaptive technologies.
The Series A equity round was led by Africa50, a pan-African infrastructure investment fund, marking a major milestone as the largest investment by an African fund in an electric mobility company.
The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.
The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.
Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors.
