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Ugandan/Nigerian-based SafeBoda Receives Google’s Investment Deal As the First Startup In Africa, per Sundar Pichai’s Digital Commitment

Alphabet CEO’s billion-dollar promises continues to trend since October.

Eni by Eni
December 17, 2021
in Investment, Startup, Transport
0


SafeBoda reportedly opened Sundar Pichai’s list of African-based startups he intends to influence with Alphabet’s resources reserved as an investment initiative to surge the African digital economy. Google’s parent company, Alphabet, autonomously endorsed the $1 billion investment initiative timelined for five years — SafeBoda’s brand is entitled to benefit its slice of Pichai’s funds committed to endorsing African startups.

The African map now recognizes the start-up multi-tasked ride-hailing platforms’ country of Origin, Uganda, on a lit spot. SafeBoda’s basic services vary per its users’ order, viz; parcel delivery, financial management-as-a-service, food & shop, and ride-sharing.

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SafeBoda’s potential influenced its chances to be Google’s first choice startup platform to benefit from the $50M investment initiative allocated to Africa’s digital economy.

The Ugandan-based startup transport platform also has an active userbase in West Africa, Nigeria. SafeBoda launched its transport services — SafeBoda has completed more than forty million orders with 25,000 drivers actively transporting orders within its Eastern and Western marketplace.

Despite its custom paced development, SafeBoda records the second significant funding it received since the first $20M initial offering the Ugandan acquired from a community of venture capitalists — SafeBoda reportedly financed its brand development and reputation to rival other African-based ride-hailing platforms.

SafeBoda’s spokesman confirmed its brand reputation will continue to expand across Africa with modified accessibility. For context, SafeBoda’s agenda sets to develop an inbuilt payment gateway portal intended to duly manage its users’ finances while faring their transport service.

It is a no-brainer Google’s criteria to endorse African-based startups matched SafeBoda’s innovative scheme serving transportation solutions. For context, customer orders and bill orders will be tied to a single network powered by SafeBoda. Recall Google’s parent company has reportedly featured Africa to benefit its investment initiative such as its unprecedented Accelerator Program for African-based start-ups.

 

Google is expected to influence SafeBoda’s innovative developments as a point to ubiquitously promote high-end technology that innovates the entire continent’s digital industry.

Techbooky Africa suggests SafeBoda is likely to unveil its “beta program” with skilled developers available 24/7. Google’s funds are expected to foot the bill required to develop complete finance accessibility on the futuristic SafeBoda features and stretched userbase such as drivers, merchants, and passengers.

Pichai’s enthusiasm about influencing the global digital ecosystem, especially the African-based digital economy that experiences minimal surge per international investors influencing the digital market. Pichai reserved $50M for the African technology market — more funds are expected to roll out before Alphabet’s five-year $1b investment initiative wears out its commitment.

 

In sum, Techbooky’s updates have reportedly featured Google’s latest involvement with technology innovation focused on Africa. Techbooky.com analysts, Femi, covered the previous technology event Google-hosted to influence the African digital inustry. Alphabet’s performance was trendy all-through October 2021 as Pichai’s anticipation overwhelm Alphabet’s opinion

At the time, Pichai flaunted the billion-dollar fund he committed to invest in an eligible African startup — a simple criterion that requires an impulsive innovative strategy for a start-up company based in Africa. The Uganda/Nigerian-based SafeBoda startup company is officially endorsed by Alphabet’s five-year investment initiative.

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