Technology group Yango announced on December 12, 2025, that it has invested in Ghanaian startup Gigmile, which specializes in financing and management solutions for last-mile delivery players. The investment was made through Yango Ventures, the group’s investment arm, and is intended to support Gigmile’s growth while strengthening Africa’s digital logistics ecosystem.
“Our experience in urban logistics gives us a strong foundation to help them scale responsibly and efficiently. We’re proud to support a team that shares our commitment to building practical, tech-enabled infrastructure across Africa,” said Daniil Shuleyko, chief executive officer of Yango Group.
Founded in Ghana in 2022 by Kayode Adeyinka and Samuel Esiri, Gigmile develops a platform for independent workers in the gig economy, particularly delivery riders and logistics operators. The startup enables them to access financed vehicles, software tools, and tailored financial services to improve productivity and economic stability. This positioning addresses a key challenge, as last-mile logistics remains one of the main constraints on the growth of e-commerce across the continent.
By improving access to equipment and digital tools, Gigmile aims to professionalize the sector and meet rising demand for delivery services in major African cities. For Gigmile, Yango’s backing is expected to accelerate growth and help consolidate its position in a fast-expanding market driven by the rise of e-commerce and on-demand services.
Adoni Conrad Quenum
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....