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Ride-hailing: Yango invests $150 million to conquer 10 new African countries

Auteur: ivoirematin

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VTC : Yango mise 150 millions de dollars pour conquérir 10 nouveaux pays africains

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Dubai-based on-demand transportation giant Yango is accelerating its expansion. The company plans to invest at least $150 million in Africa by the end of 2026. This record investment—the largest ever allocated by the group to the continent—should allow it to establish a presence in ten new countries and target 60% growth.

A strategy to avoid the "Big Four"

To succeed in this endeavor, Yango chose to shake things up by carefully avoiding the four traditionally ultra-competitive markets on the continent: Nigeria, Egypt, South Africa and Kenya .

“When you go to Africa, you generally go to the four main countries. This leads to a massive influx of capital pursuing the same objective in all these markets, which leads to a race to the bottom,” explains Adeniyi Adebayo, Yango’s managing director for Africa.

The company prefers to target secondary cities, often neglected by industry giants. This expansion will primarily target:

  1. West Africa and Central Africa (priority areas).
  2. Southern Africa , with clear targets on Namibia, Botswana and Mozambique.

A lean, partnership-based business model

Unlike its rivals Uber and Bolt, Yango does not manage any drivers directly. Its model relies exclusively on local partnerships :

  1. Local operators provide the fleet of vehicles, drivers, and field expertise.
  2. Yango provides the technology (application, pricing algorithms) and marketing visibility.

This reverse franchise model avoids the massive passenger subsidies that often cripple the profitability of tech startups. While this system significantly reduces financial risk for Yango, it requires, in return, a very rigorous audit and selection process for its partners.

The example of Ivorian success

Yango already has a strong presence in more than a dozen African countries. Its foothold in Ivory Coast perfectly illustrates the success of this model:

  1. 25,000 registered vehicles.
  2. 100,000 daily journeys.
  3. 160 local businesses were created indirectly to structure this transport offer.

Beyond ride-hailing: A multi-service ecosystem

Yango's 2026 strategy is no longer limited to simply transporting people. The company is deploying an offensive on several fronts: logistics, delivery, integrated payment, and vehicle financing.

The energy transition shift

With fuel sometimes representing up to 25% of the cost of a trip in Africa, Yango is now relying on electric vehicles to reduce costs.

  1. Electric fleets: Planned deployment of clean vehicles in several key markets.
  2. Yango Motors: Launched in 2025 in Ivory Coast, this automotive distribution division partners with Chinese manufacturers to facilitate partners' access to new and less energy-intensive vehicles.

Finally, to consolidate its influence, the group has positioned itself as an investor by creating a $20 million fund to finance African fintech, logistics, and infrastructure startups. This comprehensive strategy aims to establish it as the key partner in African mobility.

Auteur: ivoirematin
Publié le: Lundi 25 Mai 2026

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