Wahu Mobility Ltd., Ghanaian eBike Manufacturer, Secures Strategic Investment from Blue Lion

Wahu Mobility Ltd.(Wahu), innovator in the electric mobility industry, is thrilled to announce a significant investment from Blue Lion, a renowned Family Office and Central investment firm of German family Sch?rghuber Gruppe committed to supporting sustainable and cutting-edge technology solutions. This investment marks a significant milestone in Wahu's growth journey and underscores its position as a key player in the sustainable mobility market as it rapidly evolves in the African continent and beyond.

“We believe in the pioneering spirit at Wahu. Valerie Labi and her team are playing a major role in shaping the future of sustainable mobility in Africa, and we are proud and humble to be able to contribute to this exciting endeavour.” said Florian Sch?rghuber , member of the family and Co-CEO of Sch?rghuber Group.

As a climate-smart innovation hub, Wahu is on a mission to revolutionise urban transportation with mobility solutions that reduce carbon emissions and promote eco-friendly mobility. Wahu not only enhances transportation options, but is also fostering opportunities for the most brilliant engineering talents across Africa.

With this investment, Wahu is well-positioned to accelerate its mission of revolutionising urban mobility and developing eco-friendly transportation solutions. The partnership with Blue Lion, not only provides essential financial support but also validates Wahu's vision of creating innovative, efficient, and sustainable e-bike products that transform the way people commute.

Wahu will use this investment to expand its production capacity, invest in research and development, enhance its marketing efforts, and broaden its distribution network. As the e-bike market continues to grow, Wahu is committed to providing riders with high-quality, reliable, and eco-friendly transportation options that promote healthier lifestyles and reduce carbon emissions, and optimises earning for gig economy workers.

Blue Lion, known for its expertise in identifying and nurturing companies with the potential to drive positive change, recognises Wahu's role in reducing carbon emissions and supporting the growth of the local gig economy through innovative e-mobility solutions. The investment reflects their commitment to supporting companies which are aiming to improve and ensure the long-term quality of life of us all.

"We chose to invest in Wahu mainly because we were impressed by the company’s wholistic approach to solving not one, but numerous existing problems.” said Jonathan Assouline , Investment Manager at Sch?rghuber Group. ”Using the basic concepts and incentives of capitalism, we see that Wahu is bringing job opportunities to the local economy, and creating prosperity whilst at the same time increasing the number of sustainable vehicles on Africa’s roads.”

About Wahu Mobility Ltd.:

Wahu is a pioneering Ghanaian company in the electric mobility industry, dedicated to making urban transportation more sustainable, efficient, and enjoyable. With a commitment to innovation, environmental responsibility, and the empowerment of gig workers, Wahu produces e-bikes designed to meet the diverse needs of riders worldwide. Learn more at wahu.me

About Blue Lion:

Blue Lion is the family office and central investment Company of the Sch?rghuber Family, an established entrepreneurial family with far-reaching business activities within the Real Estate,Hospitality and Food & Beverage industries. While the operating businesses are managed by the family’s Holding Company, Sch?rghuber Group, Blue Lion manages the alternative, private equity, and venture capital investments as well as the social initiatives of the Family.