Electric mobility leader Wahu Mobility Ltd. (Wahu) said Blue Lion, a well-known Family Office and Central investment company of the German family-owned Schorghuber Corporate Group, has invested in it. The sum invested wasn’t made public.
Blue Lion altered its past by assisting Wahu in developing cutting-edge, environmentally friendly technologies. It solidified Wahu’s position as the leader in Africa’s fast-changing market for clean transportation.
Florian Schorghuber, a family member and Co-CEO of Schorghuber Group, said, “At Wahu, we believe in the pioneering spirit. We are happy to work with Valerie Labi and her team to ensure people can healthily move around Africa.
Climate-smart innovation cluster Wahu works on green ways to move around cities to change how people get around. Wahu is making more transport choices available and giving talented African engineers more chances to work.
Read also: Germany Looks To Africa For Alternative Energy Sources
Wahu Mobility Gets Blue Lion Investment
Wahu can accelerate its ambition to revolutionize urban mobility and provide eco-friendly transport solutions with this investment. Blue Lion’s financial support and endorsement of Wahu’s mission to create innovative, efficient, and sustainable e-bikes that change how people commute are crucial.
Wahu will use this investment to increase manufacturing, R&D, marketing, and distribution. Wahu is committed to providing riders with top-tier, reliable, and eco-friendly transportation options to promote healthier lifestyles, lower carbon emissions, and increase gig economy earnings as the e-bike market grows.
Blue Lion, known for discovering and nurturing enterprises seeking positive change, recognises Wahu’s vital role in reducing carbon emissions and boosting the local gig economy through innovative e-mobility solutions. Their contribution shows their commitment to assisting enterprises improve long-term quality of life.
Schörghuber Group Investment Manager Jonathan Assouline says, “We invested in Wahu mainly because we were impressed by the company’s holistic approach to solving not one, but many existing problems. Using capitalism’s essential principles and incentives, Wahu creates jobs in the local economy, boosting prosperity and the number of sustainable automobiles on African roads.
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About Wahu Mobility
MANA Mobility is now called Wahu!, which means “horse” in Dagbani, a language spoken in Northern Ghana. The e-mobility company is a big part of lowering carbon emissions and creating jobs simultaneously. It makes e-bikes that are popular in Ghana because they are affordable and last a long time.
An open e-mobility platform that connects drivers, passengers, and things in a way that is easy to use, includes everyone, is clear, and works across the country.
To increase product availability, Wahu! is expanding to additional West African countries.
