# African mobility company Moove has become one of the most valuable private tech enterprises worth about 34-billion-rand. The Nigeria-founded company provides vehicle financing and financial services to mobility entrepreneurs. Its new four-billion-rand funding round has more than doubled its valuation from about 12.5-billion-rand in 2024. Endeavor South Africa, an NGO who facilitates private enterprise in the region, says Moove’s success highlights the growing strength of Africa’s technology and venture capital sector and could boost investor confidence in other high-growth African businesses.
Moove becomes one of Africa’s most valuable private tech companies