Angolan Mobility Startup ANDA Raises USD 1.2 M To Scale Drive-To-Own Model

Angolan mobility startup ANDA has secured USD 1.2 M in funding from BFA Asset Management (BFAAM) via its Kimbo Fund, following a USD 3.4 M seed round in 2025.

Founded in 2022 by Sergio Tati and Joerg Nuehrmann, ANDA operates a “drive-to-own” model that finances vehicles for drivers while providing training and logistics support through its “safe stops.”

The new funding will accelerate fleet expansion, including electric vehicles, and scale its logistics infrastructure to serve businesses nationwide.

Positioned at the intersection of mobility and fintech, ANDA is building an integrated transport ecosystem in a market where access to traditional financing remains limited, targeting the professionalisation of urban transport and improved service delivery.