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West African Super App Gozem Raises $30M Series B to Fuel Expansion Across Francophone Africa

by Iyanu Ale
February 27, 2025
in Headlines, Startups, Tech
Reading Time: 2 mins read
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West African mobility and digital services platform Gozem has secured $30 million in Series B funding to accelerate its expansion and strengthen its offerings across Francophone Africa.

Founded in Togo in 2018 as a moto-taxi service, Gozem has since evolved into a super app, integrating ride-hailing, food and supermarket delivery, digital ticketing, vehicle financing, and digital banking. The company currently operates in Benin, Gabon, and Cameroon and is set to scale further with this new investment.

The Series B round, comprising both equity and debt, was led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures. The fresh capital injection will enable Gozem to expand deeper into West and Central Africa, enhance its transport network by financing new vehicles for taxi drivers, and accelerate the rollout of its digital banking platform, Gozem Money.

Welcoming the investment, Gozem co-founders Gregory Costamagna and Raphael Dana expressed confidence in their new partners:

“We are thrilled to welcome MSC Group and Al Mada Ventures as strategic investors. Their extensive experience in African logistics and financial services will be invaluable in scaling our super app and expanding into new markets. Having such industry leaders support Gozem is a strong validation of our vision.”

Diego Aponte, president of MSC Group, highlighted Gozem’s alignment with the company’s broader goals:

“Gozem is an exceptional company that aligns perfectly with MSC Group’s dedication to Africa and its focus on developing innovative mobility and logistics solutions to boost trade. We are happy to accompany them on their journey and look forward to collaborating in the markets we both share across West and Central Africa.”

With this funding, Gozem is poised to redefine urban mobility and digital services in the region, reinforcing its position as a leading tech-driven super app in Francophone Africa.

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