An automotive manufacturer that has faced challenges in vehicle sales due to rising prices and changing payment expectations from corporate clients.
How Drive45’s ₦2B Cascador win is supercharging vehicle access in Africa
Seyi Adefemi founded Drive45, a rent-to-own vehicle platform, which has generated ₦1.5 billion in annual revenue. Drive45 received ₦2 billion in funding from Cascador, marking the largest single award in the program's history.
Unlock Asia: Why African Startups Should Seize the K-Startup Grand Challenge 2025
The K-Startup Grand Challenge 2025 offers African startups up to ₩950 million (US$633,000) in equity-free funding. Participants gain access to South Korea's leading corporations like Samsung, Hyundai, and LG for potential collaborations.
