Proparco invests in Angola’s Anda mobility startup

French development finance institution Proparco has announced a strategic investment in Anda Angola , a Luanda-based mobility and fintech company that is transforming the city’s informal transport sector. The funding will scale Anda’s drive-to-own vehicle financing programme for local transport operators and accelerate the rollout of its electric fleet and battery swap infrastructure. Addressing a Critical Market Gap Angola’s moto-taxi industry is vast, employing an estimated 1.2 million drivers