African start-up Moove – which provides vehicle loans to ride-hailing, e-logistics and instant delivery drivers – has secured $8 million in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding to-date from the bank to $28 million. This follows Moove’s $20 million financing facility from Absa for its South Africa operations announced in June 2022. The new funding will play a crucial role in bolstering Moove’s ex...

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