MAX raises $24 million in debt and equity round as it hits profitability in Nigeria

Metro Africa Xpress (MAX), a Nigerian mobility financing startup, has raised $24 million in an equity and debt funding round as it continues its transition to electric mobility financing in West and Central Africa after hitting profitability in Nigeria. 

The equity round saw participation from Equitane DMCC, Novastar, Endeavor Catalyst, and other global investors, alongside asset-backed…