Logistics startup Yobante Express raises US$1.2m funding round for its expansion plans in Africa

SENEGAL – Yobante Express, a logistics startup, has raised a US$1.2 million bridge funding round as it looks to build on its impressive growth. This round has come ahead of a Series A it will open at the end of the year. The funding comes from Grenfell Holdings, Launch Africa Ventures, R-Ventures, Libertad via its investment branch Aguila Investments and a pool of local and high international angel investors. The funding will be used to help the startup reach critical mass in South Africa and Nigeria. According to the Co-founder…

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